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Title: Recommendation: I recommend the School Board approve Project Modification in the credit amount of ($215,835.64) for Pierce Hammock Elementary School (00-Q), Construction Management at Risk Project, and authorize the Chairman and Superintendent to execute all related contract documents. Description: Pierce Hammock Elementary School (00-Q) CM@Risk Project #2861-8257 This project modification contains the following item: § COPR #1 in the credit amount of ($215,835.64). § Description: Summary of unexpended funds to be returned from the construction manager's contract to the project budget: o Total Remaining Reimbursable items $1,911.70 o Construction Reimbursable General Conditions $45,553.81 o District Material Purchased by SDPBC $3,118,871.47 o Sales Tax Savings above goal $37,101.20 o Remaining Construction Contingency $136,921.00 o Total Remaining Reimbursable Items $3,340,359.18 o Deduct District Material Purchased by SDPBC ($3,118,871.47) o Deduct Funds Associated with CCA #037 ($5,652.07) o Net Credit to SDPBC after DMP’s ($215,835.64) Financial Impact: The financial impact to the Project's Budget is a credit of ($215,835.64). For Additional Information, contact: Attachments (list):
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