September 19, 2006
Status:
Open Agenda
Approve the Final Guaranteed Maximum Price (GMP) in the amount of $70,369,057, including $10,672,524 in additional Construction Management at Risk (CM) Fees for James B. Pirtle Construction Co., Inc., High School “LLL”, New Facility, Project Number: 3971-25-03, and approve an additional appropriation of $5,029,609: $3,365,146 will be funded by Certificate of Participation (COPs) and $1,664,463 by the Capital Projects Reserve.
Project Consultant: Zyscovich, Inc.
Project Scope: Reuse of High School ‘JJJ’, #3861-02-01 approved by the Board on September 17, 2002; and the Reuse of Prototype High School “JJJ’’ #3861-02-01/24 Classroom Proto-Part, approved by the Board on September 17, 2002; and the reuse of Western High School #2831-23-01/24 Classroom Addition, approved by the Board on September 2, 2003.
The Board previously approved Construction Manager at Risk Fees of $205,300. This item results with CM Fees of $10,877,824, Construction Cost of Work of $59,491,233, and a GMP of $70,369,057. This item also results with an additional financial impact of $5,029,609.
This item excludes the construction costs of an auditorium. Future approval of an auditorium may result with an additional financial impact of up to $16,000,000.
The Final GMP Manual is available for review at the Facilities and Construction Management Division.
The financial impact is $70,163,757 including CM Fees and Cost of Work. This project is included in the Adopted District Educational Facilities Plan, Fiscal Years 2006-2007 to 2010-2011. There is an additional financial impact of $5,029,609 of which $3,365,146 will be funded by Certificate of Participation (COPs) and $1,664,463 by the Capital Projects Reserve.
Requested Action
Approve the Final Guaranteed Maximum Price (GMP) in the amount of $70,369,057, including $10,672,524 in additional Construction Management at Risk (CM) Fees for James B. Pirtle Construction Co., Inc., High School “LLL”, New Facility, Project Number: 3971-25-03, and approve an additional appropriation of $5,029,609: $3,365,146 will be funded by Certificate of Participation (COPs) and $1,664,463 by the Capital Projects Reserve.
Summary
Project Consultant: Zyscovich, Inc.
Project Scope: Reuse of High School ‘JJJ’, #3861-02-01 approved by the Board on September 17, 2002; and the Reuse of Prototype High School “JJJ’’ #3861-02-01/24 Classroom Proto-Part, approved by the Board on September 17, 2002; and the reuse of Western High School #2831-23-01/24 Classroom Addition, approved by the Board on September 2, 2003.
The Board previously approved Construction Manager at Risk Fees of $205,300. This item results with CM Fees of $10,877,824, Construction Cost of Work of $59,491,233, and a GMP of $70,369,057. This item also results with an additional financial impact of $5,029,609.
This item excludes the construction costs of an auditorium. Future approval of an auditorium may result with an additional financial impact of up to $16,000,000.
The Final GMP Manual is available for review at the Facilities and Construction Management Division.
School Board Goals
| Goal 2 - All schools will have equitable resources. |
Financial Impact
The financial impact is $70,163,757 including CM Fees and Cost of Work. This project is included in the Adopted District Educational Facilities Plan, Fiscal Years 2006-2007 to 2010-2011. There is an additional financial impact of $5,029,609 of which $3,365,146 will be funded by Certificate of Participation (COPs) and $1,664,463 by the Capital Projects Reserve.
Source of Additional Information
Denis Herrmann 754 321-1675
Associated File Attachments
