2017-01-12-PBC-min - Laserfiche WebLink

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$450*1%*110000=$495,000 per each additional 1% over the 2% reimbursed by the MSBA. Therefore, if the 149A premium is, say, 5%, Lexington would be on the hook for the $303,600 , plus $450/sf*3%*110000= $1,788,600. The OPM discussed the CM at Risk Selection process, which starts with the selection of a Construction delivery method. If CM at Risk is selected, the OPM would then need to begin the IG Application for submission. The remainder of the steps will take place in a sequence that gets the CM on board in approximately 3 months, or in case, by the beginning of April 2017. Following the selection of the Construction Delivery Method, the PBC would then have to select the CM Selection Committee at the next meeting if they voted to select CM at Risk. Motion to use the CM at Risk Construction Delivery method on the Hastings elementary School Project and have the OPM submit the IG Application, by C. Favazzo, 2 by P Coleman. nd VOTE: Unanimous to approve the motion to use the CM at Risk Construction Delivery Method and submit the IG application. 4.The Design Meeting update D. DiNisco commented that the 1 design meeting that took place on the 11was primarily focused stth on the site aspects around the building. She reported that the tentative agendas for the next four meetings were handed out in case any of the P/SBC members have interest in participating. These meeting take place every other Wednesday at 7:30 AM at 201Bedford Street and PBC Members are invited to contribute at these meetings. 5.Sustainable Building Process Update C. Barrentine attended the Sustainability Stakeholders follow up meeting on January 9, 2017, and summarized the additional detail generated in a spreadsheet, which was distributed and discussed. (See the attached handout.) Currently, the Stakeholders meetings are being scheduled to have a recommendation to the Lexington Selectmen by March 1. This committee will be asked to vote their recommendations on st items in the next meeting. It was requested that the committee members be given a scoring sheet in advance of the next PBC meeting which DPF agreed would be done. 6.Upcoming Meetings & Public Forums: a.Scheduled meetings i.TBD 2017 PBC Meeting 7.Motion to adjourn by D. Perry, 2 P Coleman. VOTE: Unanimous to approve. nd Hastings Project meeting ended at 9:35 PM DORE AND WHITTIER MANAGEMENT PARTNERS, LLC Trip Elmore Dore & Whittier Management Partners 3