The School Board of Broward County, Florida	Meeting: Regular School Board Meeting :  J. Facilities and Construction Management
J-3. Contingency Use Directive No. 3 - Hewett-Kier Construction, Inc. - New Multipurpose Building - Palmview Elementary School, Pompano Beach - Project No. P.000207 (f.k.a 1131-23-01) February 01, 2011 Status:
Quick Summary / Abstract Approve an increase in the Contingency account in the amount of $995,315, as provided for in the agreement between The School Board of Broward County, Florida, and the contractor, Hewett-Kier Construction, Inc. This Contingency Use Directive represents the buyout savings achieved from the Guarantee Maximum Price.  The current contingency remaining balance through CUD #3 is $1,296,502. This item adjusts the contract allocations and represents a cost savings to the district.  This item does not require a collaboration form from the Capital Budget Department. Requested Action Approve an increase in the Contingency account in the amount of $995,315, as provided for in the agreement between The School Board of Broward County, Florida, and the contractor, Hewett-Kier Construction, Inc. Summary This Contingency Use Directive represents the buyout savings achieved from the Guarantee Maximum Price.  The current contingency remaining balance through CUD #3 is $1,296,502. School Board Goals Goal Two: Wellness (2008-2011) Financial Impact This item adjusts the contract allocations and represents a cost savings to the district.  This item does not require a collaboration form from the Capital Budget Department. Source of Additional Information Dave Archer 754 321-1660 Associated File Attachments contingencyusedirectiveno3dated083110 (Files)   ExecutedARF (Files)