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New Business - Purchasing/Construction

Title: CP-6 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 2 Final Guaranteed Maximum Price (GMP) for construction in the amount of $9,847,250. 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 2 final construction of a 45,052 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: One

Construction Type: CMU

 

Gross Square Feet: 45,052

Budgeted Total Construction Cost per Gross Square Foot: $ 234.

Total Actual Construction Cost per Gross Square Foot: $233.(Phase 1 & 2)

Building Only Cost per Gross Square Foot (Div 3-16): $157. (Phase 1 & 2)

 

Student Stations: 500

Budgeted Total Construction Cost per Student Station: $21,054.

Total Actual Construction Cost per Student Station: $21,013. (Phase 1 & 2)

Building Only Cost per Student Station (Div. 3-16): $13,090. (Phase 1 & 2)

 

Preconstruction Fee:                         $66,160.87

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

GMP Phase 2 (Final):                  $9,847,250.00

 

Total                                          $10,506,351.87 (Phase 1 & 2)

 

Building Only Cost (Div. 3-16): $6,544,920.00 (Phase 1 & 2)

 

Minority Sub-contractor Participation: 17.6  %   

Financial Impact:

The financial impact is a commitment of $9,920,120. which includes the Phase 2 GMP of $9,847,250. and $72,870. for the District provided Builder’s Risk Insurance. The source of funds is the corresponding Capital Project Budget.

For Additional Information, contact:

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

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

Attachments (list):
Banyan Beneficial.pdf
PPE.pdf
Facility Summary.pdf
Demographics.pdf
BanyanData Panel.pdf
ConcepSite Plan.pdf
ExeAgree.pdf
1stAmendExhB.pdf
GMPII Proposal.pdf
2ndAmend.pdf
Exhibit B.pdf
Checklist.pdf
Q&ACP6.doc

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