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New Business - Purchasing/Construction

Title: CP-4 Amend the CM Agreement for Banyan Creek Elementary School Addition

Recommendation:

I recommend the School Board approve an Amendment to the Construction Management at Risk Agreement to establish the Phase 1 Guaranteed Maximum Price (GMP) for construction in the amount of $592,941. to Hedrick Bros. Construction Company, Inc. for Banyan Creek Elementary School Classroom Addition, Project No. 1891-8307 and authorize the Superintendent and Board Chairman to sign all required documents. 

Description:

Construction Management @ Risk Services required for Phase 1 construction of a 41,699 gross square foot, 500 student station classroom addition at Banyan Creek Elementary School in accordance with permitted design documents and the Educational Specifications approved by the Board on July 19, 2006.

 

Estimated Construction Budget: $10,526,965. (Five Year Capital Plan)

                                             

Number of Stories: Two

Construction Type: Tilt Wall

 

Gross Square Feet: 41,699

Budgeted Total Construction Cost per Gross Square Foot: $ 252

Total Actual Construction Cost per Gross Square Foot: NA (Phase 1 only)

Building Only Cost per Gross Square Foot (Div 3-16): NA (Phase 1 only)

 

 

Student Stations: 536

Budgeted Total Construction Cost per Student Station: $19,640.

Total Actual Construction Cost per Student Station (Div. 3-16): NA (Phase 1 only)

Building Only Cost per Student Station (Div. 3-16): NA (Phase 1 only)

 

Preconstruction Fee:                   $66,160.87

GMP Phase 1: (Site/Utilities)   $592,941.00

 

Total                                         $659,101.87

 

Building Only Cost (Div. 3-16):  NA (Site work only)

 

Minority Sub-contractor Participation:  8.2% (Phase 1 Site/Utilities work)    

Financial Impact:
The financial impact is a commitment of $597,329. which includes the Phase 1 GMP of $592,941.  and $4,388. for the District provided Builder’s Risk Insurance. The source of funds is the corresponding Capital Projects Budget

For Additional Information, contact:

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

Joseph M. Sanches (sanchesj@palmbeach.k12.fl.us)

Attachments (list):
Beneficial.pdf
PPE.pdf
EdSpec.pdf
Demographics.pdf
Data Panel.pdf
Site Plan.pdf
ExeAgr.pdf
Exhibit Z.pdf
AmendmentBanyanCrk.pdf
Exhibit B.pdf
Checklist.pdf

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