Title: CP-8 Amend the CM Agreement for Wellington High School Auditorium

Recommendation:
I recommend the School Board approve an Amendment to the Construction Management at Risk Agreement to establish the Guaranteed Maximum Price (GMP) for construction in the amount of $11,488,722.42 to The Weitz Company I, Inc., for Wellington High School Auditorium, Project No: 2191-8272 and authorize the Superintendent and Board Chairman to sign all required documents.

Description:

Construction Management @ Risk Services required for construction of an approximately 14,895 GSF Auditorium in accordance with the Educational Specifications approved by the Board on February 2, 2002.

Estimated Construction Budget: $10,778,502.  (Five Year Capital Plan)

Number of Stories: Two

Construction Type: Tilt-Wall

Gross Square Feet: 21,155

Budgeted Total Construction Cost per Gross Square Foot: $510.

Total Actual Construction Cost per Gross Square Foot: $545.

Building Only Cost per Gross Square Foot (Div 3-16): $391.

Student Stations: NA

Budgeted Total Construction Cost per Student Station: $NA

Total Actual Construction Cost per Student Station: $NA

Building Only Cost per Student Station (Div. 3-16): $NA

Preconstruction Fee:                      $40,300.00

GMP:                                     $11,488,722.42

Total Cost of Construction:     $11,529,022.42

Building Only Cost (Div. 3-16): $8,267,751.42

Financial Impact:

The financial impact is a commitment of $11,573,739.42 which includes the GMP of $11,488,722.42 and $85,017. 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):
PPE.pdf
FACILILTY SUMMARY.pdf
Demographics.pdf
Well HS DATA.pdf
siteplan.Wellington.pdf
ExeAgr.pdf
GMPProposal.pdf
First Amendment -Wellington HS Aud-The Weitz Company, LLC.pdf
Exhibit B.pdf
Checklist 1st.pdf
Beneficial WeitzLLC.pdf