Title: CP5 Guaranteed Maximum Price for Berkshire ES

Recommendation:
I recommend the School Board approve an Amendment to the Agreement and authorize the Superintendent and Board Chairman to sign all required documents establishing the Phase I Guaranteed Maximum Price (GMP), in the amount of $2,423,830. to the Weitz Company for Berkshire Elementary School Modernization, Project No. 0601-8298.

Description:

Construction Management at Risk Services required for demolition of existing facility.  

Approved Construction Budget: $14,276,446.

Minority Participation: 33.92%

      No. of Stories: Building A-Classroom, two story, Building B-Administrative and Media, two story, Building D- Classroom, one story, Building E-Cafeteria and Art, one story

      Construction Type: Tilt Wall

      Gross Square Feet: 150,226 (New)

      Construction Cost Per Gross Square Foot: $95.03.  

      Total Student Stations: 1048  

      Construction Cost Per Student Station: $13,622.56 

      Preconstruction Fee: $106,630.

      Phase I: $2,423,830.

P 

      Total Construction Cost: $2,530,460.

Financial Impact:
The financial impact is $2,423,830. The source of funds is the corresponding Capital Projects Budget.  The District will provide the Builder's Risk Insurance at a cost of $17,936.26.

For Additional Information, contact:

Joseph M. Moore (moorej@palmbeach.k12.fl.us)

Joseph M. Sanches

Attachments (list):
beneficialinterest.weitz.pdf
ratingsource.weitz.pdf
gmp weitz.pdf
minorityparticipation weitz.pdf
siteplan.berkshire es.doc.pdf
datapanel berkshire.pdf