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PBC asked if Bond was worried about any of the low bidders especially if their bid seemed low. That <br />discussion is outlined below. <br />• Flooring <br />o PBC asked if the flooring sub perhaps missed any scope since it does not seem to make <br />sense, due to how much lower it is with respect to the estimate. Bond is investigating but <br />believes there was a scope issue in the estimate and that the bid was fair, but will <br />investigate. <br />• Masonry <br />o PBC mentioned the delta between bid and estimate on the masonry bid. <br />o DiNisco stated they had conference calls with Costa to make sure the scope for the <br />project is there. <br />Bond will also follow up. <br />2. Clarke & Diamond GMP Review - Bond <br />Bond distributed the GMP spreadsheet dated 04/27/16 for review of the costs from the 50% <br />Construction Documents (CD) Budget to 100% CD with sub - contractor pricing on the locker room bids. <br />Locker Room GMP <br />General discussion focused on the abatement work that was not in the original 50% estimate as well as <br />Bonds GC';s and GR "s which are higher than you would normally see on a 3.6 million project but <br />required as it is part of the larger full project requiring more staff and more experienced staff on site. <br />• It was asked if the vote does not pass on the balance of the full project would the staffing costs <br />or GC's and GR's be reduced for just the locker room work. Bond replied that the staff assigned <br />would remain as it was the only way the project scope would get completed with what time is left <br />in the schedule. <br />• DPF stated that $4.1 million has been appropriated, and if the vote passes, we can move <br />forward with signing the GMP's for the summer project. If the vote fails, then we will work with <br />Bond to reduce cost for the GMPs. <br />• DPF stated there is a commitment from Bond to take $50k out, but would not affect the staffing <br />for summer work. <br />Site Enabling GMP <br />General Discussion focused on the reduction in cost from the 50% to the 100% and the level of actual <br />trade bids built into the current pricing versus budget numbers. <br />• Bond informed that due to the timing of the bids, there has been a problem getting steel pricing <br />due to the size of the job and lack of vendors that are available. However they are staying with it <br />to obtain as much pricing as possible for competitive numbers. <br />• PBC asked Bond if they feel comfortable with the documents. Bond replied in the affirmative <br />and stated that that the window of risk is reducing and they have lowered the contingency line <br />item values. <br />• PBC inquired about an allowance for winter conditions and Bond stated winter conditions will be <br />addressed. <br />PBC Meeting 04.28.16 Page 2 <br />