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INTERIM GMP (iGMP2) <br /> Value of work purchased compared to control budget <br /> iGMP1 iGMP2 Total <br /> Control Estimate (Cost of all bid packages) $41,215,865 $41,215,865 $41,215,865 <br /> Value Scope included in GMP (excluding GCs) $7,645,429 $5,767,593 $13,413,022 <br /> Represents 18.5% 14% 32.5% <br /> Design and Escalation utilized 18.5% 13% 31.5% <br /> Below the line costs (GR's, GC's, Bonds & Insurance) $1,979,835 <br /> Total for iGMP 2 $7,747,778 <br /> Contingency Balance Summary <br /> Control Post-GMP1 Post-GMP2 <br /> Design $2,060,793 $1,679,546 $1,416,345 <br /> Escalation $1,114,374 $908,215 $757,774 <br /> Motion to approve $7,747,778 iGMP2 for the Hastings Project. Seconded -APPROVED <br /> For the Maria Hastings Elementary School Project. <br /> Quick update for construction schedule. Groundbreaking 6/13 9:30am at school. Invitation and program. <br /> Listed members of PBC. Want to confirm everything listed correctly. <br /> WBI will be onsite in early June, working on permitting, take entire site once school is out. Concern <br /> about steel prices. SC. <br /> End of school the 22"d <br /> Hastings portion ends at 7:21 pm. <br /> 2. LCP Prosect— Donna DiNisco & Vivian Low(DiNisco Design), <br /> Donna's presentation discussed that a 75% cost estimate will be done around 4/15/18. The early <br /> site package was awarded to S & R Corporation. <br /> • Approval of Pre-Qualified Bidders— May 24, 2018 <br /> • Bid Set Goes Out - July 2, 2018. A.M. Fogerty (DiNisco) & Mariko Hall hired by TOL <br /> • Schematic Design & 75% Cost Design - November 7, 2018 <br /> • Updated Design Development w/Early Site Package 11/06/18 <br /> • Value added alternates come from PVC Roof and Zinc Wall Panel. <br /> The early site package came in at $1.4mil <br /> Note on ACM detected in existing building foundation, basement area. The recommendation of going 2 <br /> feet below footings is not required. Footings are pretty deep for fill. This reduction in depth will result in <br /> a savings. <br /> PBC Meeting 05.09.18 3 <br />