2018-08-16-PBC-min - Laserfiche WebLink

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The slide shows the SD, DD, 60% CD, and 90% cost estimates reconciled with the comparisons. Overall the 90% CD estimate reconciliation shows a revised assumed total and a variance from budget. The assumed total is $52,971,525 with a variance of$1,893. M. Burton reviews the Estimate Comments slide. This slide shows: • Estimate adjusts design contingency to $100,000 • Estimate adjusts Escalation contingency to $250,000 • Reconciled estimates showed savings of approx. $635k • Current budget addressed Sitework issues identified during Early Release Package Boulders $3k Mulch $8k Playground revisions $20k Unsuitable soil removal and import (Actual) $400k Unsuitable soil removal and import (Projected) $200k Total: $631 k M. Burton reviews Total Project Budget slide. The slide shows: Total Construction Cost: $52,971,525 Soft Costs: $10,306,000 Owner's Contingency: $2,000,000 Total Project Budget: $65,277,524 After reviewing 90% reconciliation information M. Burton reviews remaining VE items slide. After reconciliation the team reviewed and added new VE items to the list that can be taken. M. Burton states that N.1, remove spray foam from exterior cavity wall with a value of$110,148 should be taken since the building already has a moisture vapor barrier. The spray foam is an additional step that is not needed. DiNisco has reviewed with the commissioning agent, as part of the envelope it is not required based on their energy model or the R value. DiNisco to further review with LEED engineer and LEED consultant to determine if necessary. Further N.2 from the VE was also recommended to be taken, remove 4" chain link fence from north and south elevation with a value of $35,000. The fence is an added cost that is not needed and or required on the north and south side of the property. M. Burton states that the prequalification team evaluated all SOQ's received for the public trade qualification process. All but one contractor was prequalified. Drawings will be available to the contractors on 9/10/18. A motion was made by J. Himmel and seconded by D. Perry to approve the 90% CD reconciliation of$52,971,525 and to submit the 90% CD package to the MSBA. Discussion: J. Himmel asks that the approval be based on what was approved back at SD with a value of$52,973,418. Vote: All in favor. Motion passes. PBC Meeting 08.16.18 3