AMENDMENT NO. 1
Exhibit 10.214
AMENDMENT NO. 1
Pursuant to Section 2.2.8 of that certain Standard Form of Agreement Between Owner and Construction Manager (A1A Document A121 CMc - 2003) by and between River Ventures, LLC (“Owner”) and Bovis Lend Lease, Inc. (“Construction Manager”) dated August 30, 2005 (“Contract”), the attached Guaranteed Maximum Price (“GMP”) dated April 28, 2005, with a GMP Update dated August 11, 2005, is hereby incorporated by reference into the Contract.
The signatures below confirm and approve the incorporation of this Amendment No. 1 into the Contract.
| OWNER: | CONSTRUCTION MANAGER: | |||||||
| RIVER VENTURES, LLC | BOVIS LEND LEASE, INC. | |||||||
| By: |
| By: |
| |||||
| Name: |
| Name: | Brad Eller | |||||
| Title: |
| Title: | Senior Vice-President | |||||
| Date: |
| Date: | November 10, 2005 | |||||
Foundation GMP Update
PPD Headquarters Building
Wilmington, NC
August 11, 2005
PPD Corporate Headquarters
Foundation GMP Update
Wilmington, NC
Foundation GMP Update
Bovis Lend Lease is pleased to present the update to the Foundation GMP for the PPD Headquarters Building in Wilmington, NC. The update is based on our GMP submittal of April 28, 2005 and the additional clarifications presented in this document.
The revised GMP cost is $10,629,592 or $91.24/sf is based upon 116,506sf of Parking Deck. The cost difference between this GMP update and the April submission are the Pending Change Orders to date that we were requested to incorporate. These include increases for foundation redesign and rock excavation as well as deducts for dewatering, retaining walls, imported fill, and the subdrainage system. See the attached estimate and recap for further detail.
This update includes a deduct of $240,000 for the retaining wall allowance. That scope of work is in the Core and Shell GMP but the credit has been included within this foundation update to stay consistent with discussions at the jobsite. If this credit becomes part of the Foundation GMP, there will be no credit for it under the Core and Shell GMP.
| Project Name: | PPD HEADQUARTERS BUILDING | Date: August 11, 2005 | ||||||
| Location: | Wilmington, NC | S. F. Project Area: | 116,506 | |||||
| Foundation GMP Update | Project Number: | 24401100 | ||||||
| Estimate No | 3 | |||||||
| CSI DIVISION | DESCRIPTION | Current Projected Cost | COST/ SQFT | % of Total | |||||||||||
| 02 | Site Work | $ | 4,417,947 | $ | 37.92 | 41.56 | % | ||||||||
| 03 | Concrete | $ | 4,350,720 | $ | 37.34 | 40.93 | % | ||||||||
| 04 | Masonry | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 05 | Metals | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 06 | Woods & Plastics | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 07 | Thermal & Moisture Protection | $ | 168,872 | $ | 1.45 | 1.59 | % | ||||||||
| 08 | Doors and Windows | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 09 | Finishes | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 10 | Specialties | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 11 | Equipment | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 12 | Furnishings | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 13 | Special Construction | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 14 | Conveying | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| 15 | Mechanical Systems | $ | 124,720 | $ | 1 07 | 1.17 | % | ||||||||
| 16 | Electrical Systems | $ | 111,510 | $ | 0.96 | 1.05 | % | ||||||||
| $ | 0 | $ | 0.00 | 0.00 | % | ||||||||||
| Total Direct Cost | $ | 9,173,769 | $ | 78.74 | 86.30 | % | |||||||||
| Subtotal | $ | 9,173,769 | $ | 78.74 | 86.30 | % | |||||||||
| General Conditions | $ | 750,000 | $ | 6.44 | 7.06 | % | |||||||||
| Design Fees- By Owner | $ | 0 | $ | 0.00 | 0.00 | % | |||||||||
| City Building Permit -Allowance | $ | 66,000 | $ | 0.57 | 0.62 | % | |||||||||
| Escalation | $ | 0.00 | $ | 0 | $ | 0.00 | 0.00 | % | |||||||
| Project Contingency | $ | 249,821 | $ | 2.14 | 2.35 | % | |||||||||
| General Liability Insurance | 1.230 | % | $ | 130,744 | $ | 1.12 | 1.23 | % | |||||||
| Builder’s Risk Insurance-By Owner | 0 | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| Subtotal | $ | 10,370,334 | $ | 89.01 | 97.56 | % | |||||||||
| Fee | 2.500 | % | $ | 259,258 | $ | 2.23 | 2.44 | % | |||||||
| Preconstruction | L.S | $ | 0 | $ | 0.00 | 0.00 | % | ||||||||
| Bond- Not Required | 0.00 | % | $ | 0 | $ | 0.00 | 0.00 | % | |||||||
| Total Building Construction Budget Amount | $ | 10,629,592 | $ | 91.24 | 100.00 | % | |||||||||
| PPD HEADQUARTERS BUILDING | |||||||||||||
| Foundation GMP Update | 8/10/2005 | ||||||||||||
| Total | |||||||||||||
| Item | Description | Takeoff Qty | Unit Cost | Amount | |||||||||
| 01 Foundation GMP | |||||||||||||
| 02000 SITEWORK & DEMOLITION | |||||||||||||
| 02160 | Excav Support Systems | ||||||||||||
| — | Excavation sheeting system-Cape Fear | 1.00 | all | 309,000.00 | /all | 309,000 | |||||||
| Excav Support Systems | |||||||||||||
| 309,000 | |||||||||||||
| 02220 | Bulk Excavation | ||||||||||||
| — | Building Excavation-Cape Fear | 1.00 | sub | 1,019,341.00 | /sub | 1,019,341 | |||||||
| — | Paving | ||||||||||||
| — | Fill at building-Cape Fear Paving | 0.00 | cy | ||||||||||
| — | Laydown Area for Staging | 1.00 | ls | 103,000.00 | /ls | 103,000 | |||||||
| — | Site Layout & Certification | 1.00 | ls | 82,400.00 | /ls | 82,400 | |||||||
| — | Reduce amount of offsite fill | -1.00 | ls | 420,000.00 | /ls | (420,000 | ) | ||||||
| — | Rock Excavation | 1.00 | cy | 1.00 | /cy | 1 | |||||||
| — | Cape Fear Paving | 4,200.00 | cy | 44.25 | /cy | 185,850 | |||||||
| — | East Coast Drilling | 4,200.00 | cy | 29.10 | /cy | 122,220 | |||||||
| — | BLL Equipment and Labor | 1.00 | ls | 22,000.00 | /ls | 22,000 | |||||||
| Bulk Excavation | 1,114,812 | ||||||||||||
| 02241 | Dewatering | ||||||||||||
| ob02 | Dewatering Allowance | ||||||||||||
| — | Reduce dewatering allowance | ||||||||||||
| Dewatering | |||||||||||||
| 1.374 Labor Hours | |||||||||||||
| 0.46 Equipment Hours | |||||||||||||
| 02280 | Soil Treatment | 76,910.00 | sqft | ||||||||||
| 010 | Soil Termite Treatment by Concrete Sub | ||||||||||||
| 76.91 Labor Hours | |||||||||||||
| 02290 | Foundation Redesign | ||||||||||||
| — | Stone fill | 10,400.00 | ton | 24.75 | /ton | 257,400 | |||||||
| — | Lean Concrete | 3,300.00 | cy | 134.45 | /cy | 443,685 | |||||||
| — | Concrete revisions to foundation | 1.00 | ls | 921,560.00 | /ls | 921,560 | |||||||
| — | CMU at waterproofing | 30,300.00 | sf | 19.30 | /sf | 584,790 | |||||||
| — | Waterproofing | 106,000.00 | sf | 4.60 | /sf | 487,600 | |||||||
| Foundation Redesign | 2,695,035 | ||||||||||||
| 02580 | Pavement Marking | 0.00 | Each | ||||||||||
| — | Pavement Markings-Cape Fear Paving | ||||||||||||
| 02710 | Sub Drainage | ||||||||||||
| ob10 | Perimeter Drain 6” (delete) | 1,440.00 | lnft | ||||||||||
| Includes trench, gravel & filter fabric. | |||||||||||||
| ob50 | 6” Under Slab Drain (delete) | 5,225.00 | lf | ||||||||||
| Includes trench, gravel & filter fabric. | |||||||||||||
| Sub Drainage | |||||||||||||
| 646.941 LaborHours | |||||||||||||
| 168.625 Equipment hours | |||||||||||||
| 02838 | Retaining Walls | ||||||||||||
| Reduce retaining walls allowance | -1.00 | ls | 240,000.00 | /ls | (240,000 | ) | |||||||
| This is actually a Core and Shell item. Retaining Walls | |||||||||||||
| (240,000 | ) | ||||||||||||
| PPD HEADQUARTERS BUILDING | ||||||||||||
| Foundation GMP Update | 8/10/2005 | |||||||||||
| Total | ||||||||||||
| Item | Description | Takeoff Qty | Unit Cost | Amount | ||||||||
| SITEWORK & DEMOLITION | 4,417,947 | |||||||||||
| 725,225 Labor hours | ||||||||||||
| 169,083 Equipment hours | ||||||||||||
| 3000 CONCRETE | ||||||||||||
| 03050 | Excavate for Concrete | |||||||||||
| 010 | Wall Footing Excavation by Machine | 1,686.00 | cuyd | |||||||||
| 020 | Column Footing Excavation by Machine | 2,057.00 | cuyd | |||||||||
| 030 | Interior Backfill & Compact Footings | 3,500.00 | cuyd | |||||||||
| 055 | Fine Grade Mat Footings | 10,723.00 | sqft | |||||||||
| 055 | Fine Grade Wall Footings | 11,785.00 | sqft | |||||||||
| dew1 | Dewater/Demuck Foundations | 1.00 | allo | 36,050.00 | /allo | 36,050 | ||||||
| Excavate for Concrete | 36,050 | |||||||||||
| 3,729.664 Labor hours | ||||||||||||
| 1,839.44 Equipment hours | ||||||||||||
| 03100 | Concrete Forms & Access | |||||||||||
| 220 | Wall Footing Forms (4 Use) | 6,308.00 | sqft | |||||||||
| 255 | Column Footing Forms (4 Use) | 6,944.00 | sqft | |||||||||
| 527 | Keyway In Footing | 3,154.00 | lnft | |||||||||
| 626 | Wall Forms to 20’ (4 Use) | 34,996.00 | sqft | |||||||||
| 642 | Const Joints/ Bulkheads @ Walls | 151.00 | lnft | |||||||||
| 703 | Edge Forms on Grade (6’) (3 use) | 155.00 | lnft | |||||||||
| 733 | SOG Bulkheads <12’ | 1,000.00 | lnft | |||||||||
| 736 | Turn Down Slab Edge Form | 155.00 | lnft | |||||||||
| 739 | Screed Forms | 74,924.00 | sqft | |||||||||
| 804 | Column Forms (4 use) | 10,268.00 | sqft | |||||||||
| 840 | Column Forms - 42” dia. Tubes | 80.00 | loft | |||||||||
| 903 | Beam Forms (4 use) | 31,469.00 | sqft | |||||||||
| 905 | Beam Bottom Form - 3/4” Plywood | 17,427.00 | sqft | |||||||||
| 920 | Flat Slab Forms (4 use) | 66,591.00 | sqft | |||||||||
| 926 | Bulkhead Flat Slab Forms | 402.00 | lnft | |||||||||
| 940 | Elevated Edge Forms 8” | 1,736.00 | lnfl | |||||||||
| 1120 | Topping Screeds | 66,591.00 | sqft | |||||||||
| Concrete Forms & Access | ||||||||||||
| 24,141.011 Labor hours | ||||||||||||
| 03200 | Concrete Reinforcement | |||||||||||
| 010 | Rebar Column Footings | 116.00 | ton | |||||||||
| 010 | Rebar Wall Footings | 89.00 | ton | |||||||||
| 010 | RebarSOG | 5.00 | ton | |||||||||
| 010 | Grade8oupcharge | 15.00 | ton | |||||||||
| 010 | Rebar Column | 42.00 | ton | |||||||||
| 010 | RebarWalls | 61.00 | ton | |||||||||
| 010 | Rebar Beams | 229.00 | ton | |||||||||
| 010 | Rebar Elevated Slab | 50.00 | ton | |||||||||
| 028 | Welded wire mesh-6x6 - w2.9 x w2.9 #6 | 82,587.00 | sqft | |||||||||
| Concrete Reinforcement | ||||||||||||
| 13,348.454 Labor hours | ||||||||||||
| 03300 | Place Concrete | |||||||||||
| 015 | Place Concrete Wall Footings | 1,636.00 | cuyd | |||||||||
| 020 | Place Concrete Column Footings | 1,971.00 | cuyd | |||||||||
| 045 | Place Concrete Wall | 981.00 | cuyd | |||||||||
| 050 | Gravel/stone Fill Under Slab | 1,609.00 | cuyd | |||||||||
| 065 | Fine Grade Slab-on-Grade Subgrade | 75,079.00 | sqft | |||||||||
| 070 | Place Concrete Slab On Grade | 1,609.00 | cuyd | |||||||||
| PPD HEADQUARTERS BUILDING | ||||||||||||
| Foundation GMP Update | 8/10/2005 | |||||||||||
| Total | ||||||||||||
| Item | Description | Takeoff Qty | Unit Cost | Amount | ||||||||
| 03300 | Place Concrete | |||||||||||
| 080 | Place Concrete Columns Rectangular | 234.00 | cuyd | |||||||||
| 090 | Place Concrete Beams | 1,311.00 | cuyd | |||||||||
| 095 | Place Concrete Flat Slab | 1,139.00 | cuyd | |||||||||
| 115 | Blow off/clean area to be poured | 66,591.00 | sqft | |||||||||
| 175 | Concrete Stairs Complete | 78.00 | each | |||||||||
| 180 | Place Concrete Steps On Grade Complete | 12.00 | each | |||||||||
| 180 | Metal Pan Stair Fill | 32.00 | each | |||||||||
| Place Concrete | ||||||||||||
| 11,401.65 Labor hours | ||||||||||||
| 272.32 Equipment hours | ||||||||||||
| 03310 | CIP Conc (Isum unit cost) | |||||||||||
| Cast in place Concrete Foundation | 1.00 | sub | 4,314,670.00 | /sub | 4,314,670 | |||||||
| CIP Conc (Isum unit cost) | 4,314,670 | |||||||||||
| 03345 | Concrete Finishing | |||||||||||
| 901 | Steel Trowel Finish SOG | 75,079.00 | sqft | |||||||||
| 901 | Steel Trowel Finish Elevated Slab | 66,591.00 | sqft | |||||||||
| 904 | Rub and Patch Concrete | 100,000.00 | sqft | |||||||||
| 908 | Cure Concrete (curing compound) | 161,67000 | nqft | |||||||||
| Concrete Finishing | ||||||||||||
| 6,373.40 Labor hours | ||||||||||||
| 03365 | Post-tensioned Concrete | |||||||||||
| 104 | Furnish PT Cables w/Support Bars (per sqft) | 66,591.00 | sqft | |||||||||
| 105 | Install PT Cables w/Pocket Patching (S/C per sqft) | 66,591.00 | sqft | |||||||||
| 03380 | Concrete Hoisting/Equip. | |||||||||||
| ob05 | Concrete pump (per cuyd total) | 8,881.00 | cuyd | |||||||||
| obO5 | Crane Pads | 2.00 | each | |||||||||
| obO5 | Cranes | 4.00 | mnth | |||||||||
| ob15 | Concrete Equipment | 8,881.00 | cuyd | |||||||||
| shy Safety | 1.00 | ls | ||||||||||
| Concrete Hoisting/Equip. | ||||||||||||
| 8,887.00 Labor hours | ||||||||||||
| 8,887.00 Equipment hours | ||||||||||||
| 03385 | Concrete Mgmnt. & Lay-out | |||||||||||
| 10 | Field Engineer | 17.00 | week | |||||||||
| 20 | Rodman | 17.00 | week | |||||||||
| 30 | Lay-out Crew (L&E) | 17.00 | week | |||||||||
| 40 | Concrete Foreman | 17.00 | week | |||||||||
| 50 | Assistant Project Manager | 17.00 | week | |||||||||
| 60 | Assistant Superintendent | 17.00 | week | |||||||||
| Concrete Mgmnt. & Lay-out | ||||||||||||
| 4,760.00 Labor hours | ||||||||||||
| 680.00 Equipment hours | ||||||||||||
| 03390 | Ready-mix Concrete | |||||||||||
| 40rg | 5,000 psi regular weight Footings | 3,607.00 | cuyd | |||||||||
| 40rg | 4,000 psi regular weight SOG | 1,609.00 | cuyd | |||||||||
| 40rg | 4,000 psi regularweight Walls | 981.00 | cuyd | |||||||||
| 70rg | 8,000 psi regular weight -Columns | 234.00 | cuyd | |||||||||
| 70rg | 5,000 psi regular weight Elevated Slab | 1,139.00 | cuyd | |||||||||
| add | Admixtures | 8,881.00 | cuyd | |||||||||
| 03395 | Misc Concrete Access. | |||||||||||
| a005 | Vapor Barrier 6 Mil Poly | 75,079 00 | sqft | |||||||||
| PPD HEADQUARTERS BUILDING | ||||||||||
| Foundation GMP Update | 8/10/2005 | |||||||||
| Total | ||||||||||
| Item | Description | Takeoff Qty | Unit Cost | Amount | ||||||
| 03395 | Misc. Concrete Access. | |||||||||
| a040 | Waterstop - Rubber - 8” | 2,914.00 | lnft | |||||||
| a075 | Expansion Joint 1/2 x 6’ | 4,000.00 | lnft | |||||||
| Misc. Concrete Access. | ||||||||||
| 561.163 Labor hours | ||||||||||
| CONCRETE | 4,350,720 | |||||||||
| 73,202.34 Labor hours | ||||||||||
| 11,678.76 Equipment hours | ||||||||||
| 7000 MOISTURE PROTECTION | ||||||||||
| 07100 | Dampproof & Waterproof | |||||||||
| Waterproof Foundation Walls | 1.00 | SUB | 168,872.00 | /SUB | 168,872 | |||||
| Dampproof & Waterproof | 168,872 | |||||||||
| MOISTURE PROTECTION | 168,872 | |||||||||
| 15000 MECHANICAL | ||||||||||
| 15400 | Plumbing | |||||||||
| — | Plumbing Systems Rough in Garage | 116,328.00 | sqft | 1.072 | /sqft | 124,720 | ||||
| Plumbing | 124,720 | |||||||||
| 116,328.00 Labor hours | ||||||||||
| MECHANICAL | 124,720 | |||||||||
| 116,328.00 Labor hours | ||||||||||
| 16000 ELECTRICAL | ||||||||||
| 16100 | Electrical | |||||||||
| — | Electrical Systems Rough In Garage | 116,328.00 | sqft | 0.96 | /sqft | 111,510 | ||||
| Electrical | 111,510 | |||||||||
| 116,328.00 Labor hours | ||||||||||
| ELECTRICAL | 111,510 | |||||||||
| 116,328.00 Labor hours | ||||||||||
| 01 Foundation GMP | 9,173,769 | |||||||||
| 306,583.563 Labor hours | ||||||||||
| 11,847.84 Equipment hours | ||||||||||
FOUNDATION GMP
PPD HeadQuarter Building
Wilmington, NC
April 28, 2005
PPD Corporate HeadQuarters
Wilmington, NC Summaries and Priorities
Executive Summary
This GMP for the Foundation Package is the first of three GMP’s that will be produced to complete the project. It is based upon the Parking Deck CD documents dated April 14, 2005 and the qualifications presented in this GMP proposal. The GMP cost of $8,665,592 or $74.38/sf is based upon 116,506sf of Parking Deck including contingency. Scope not covered in this GMP will be pick-up in the Shell and Core or Tennant GMP’s
Our GMP does not include any monies for cost impacts or delays incurred for soil and water issues encountered.
The Foundation GMP is a limited scope of work and is intended to only be for the following scope of work
Excavation and backfill required for foundation
Concrete foundation and elevated slab up to but not including elevation 37
Ebeds, raceways, under slab rough in required for foundation.
The foundation GMP does not include the following:
Site Work other than garage excavation for Phase 1 or 2
Unit Masonry
Metal Fabrication, Metal Stairs, Rails or Grating
Steel Doors or Frames
Overhead Coiling Grills
Door Hardware
Glazing
Parking Control Equipment
Loading Dock Equipment
Elevators
| Louvers |
Any work not noted as specially included herein
In additions to the GMP there are other funding requirements that will require us to be released prior to the completion of the 2nd GMP on the Core and Shell. We ask that we be permitted to commit to contracts for those scopes of work, in addition to the GMP.
| Foundation GMP | 8,665,592 | ||
| Precast Purchase | 2,800,000 | ||
| Long Lead Metals | 1,000,000 | ||
| Elevators | 1,750,000 | ||
| Glazing Purchase | 7,708,064 | ||
| Concrete Frame | 8,763,724 | ||
| Long Lead Mechanical Equipment | 2,000,000 | ||
| Long Lead Electrical Equipment | 750,000 | ||
| Total Requested funding | $ | 33,437,380 |
PPD Corporate HeadQuarters
Wilmington, NC Summaries and Priorities
Bovis Lend Lease recommends a thorough review of this document by the Project Team. We have developed a project schedule that establishes a 20 month duration for the project, with no weather delays assuming a phased bid package approach and a 40 hour work week.
PPD Corporate HeadQuarters
Wilmington, NC Basis of Estimate
General Clarifications
The following definition represents the basis of our estimate. The estimated costs were developed based upon the Space Programming Report and Document drawings prepared to date by Cline Design Associates and Cooper Carry Inc. as indicated in the document log and the assumptions and clarifications updated under this section, along with project description and schedule data presented under other sections of this report.
1. Subcontractor bonds are included for all trades valued in excess of $100,000.
2. The pricing included does not anticipate any stoppage of construction work as a result of present PPD Operations. If interruptions in work are foreseeable with regards to interfacing with existing facilities or business decisions to perform only a portion of the work, a separate allowance will need to be defined.
3. We have included a 3% design contingency in this analysis.
4. It is understood that since the documents are not yet complete, the Owner, Architect and Bovis will work together to monitor completion of the design, in accordance with the intent and scope of the documents that form the basis of the budget. Should an increase in the budget be indicated due to deviations from such intent and scope during document completion, Bovis will recommend possible economies in order to protect the budget from increasing. If these economies are not accepted, the budget shall be increased to cover the increased cost and the associated General Conditions and Fee.
5. Any economies accepted by the Owner will also be accepted by the Architect and will be incorporated into the construction drawings and specifications as if they were part of the original design.
6. The GMF line item costs include items of work that will be subcontracted, as well as Bovis’ reimbursable costs. No guarantee exists on any separate line, Savings in any line item may be transferred to cover possible overruns of other line items.
7. The GMP is based on the premise that the design will meet alt codes, laws, ordinances, rules, and regulations in effect at the time that the budget was prepared. The budget shall be adjusted should any discrepancies between design and the aforementioned codes, laws or ordinances result in, or require, an increase in the Cost of the Work.
8. No testing is included.
9. The budget does not include Builders Risk insurance. General Liability insurance is included. The cost of a Payment and Performance Bond from Bovis Lend Lease is not included.
10. The budget includes a 12-month warranty of all work that begins the date of the temporary certification of occupancy or date of first service of equipment which ever comes first. Any extended warranties required by the Specifications will be exclusively managed by and contracted between the manufacturer/subcontractor and the Owner.
11. This proposal is based on mutually agreeable contract terms.
12. Sales Tax is included.
13. The additional cost for schedule compression, out-of-sequence operations, wage premiums for non-standard working timeframes, and associated operations are not included in the individual Trade Budget Estimates.
PPD Corporate HeadQuarters
Wilmington, NC Basis of Estimate
14. We have included the Town of Wilmington Building Permit Fee. All other fees and escrows are excluded and assumed budgeted separately by PPD.
15. No Costs is included for parking fees, shuttles or any other requirements due to lack of parking during normal work hours.
16. The following costs are not included in our estimate:
| a. | Any Preconstruction costs |
| b. | Document Reproduction |
| c. | Security Systems |
| d. | FF&E |
| e. | Usage/Tap Fees |
| f. | Planning Fees |
| g. | Architectural Fees |
| h. | lmpact/Development Fees |
Allowances:
| 1. Dewatering | $ | 870,000 | |
| 2. Excavation Support | $ | 300,000 | |
| 3. Under slab piping | $ | 78,131 | |
| 4. Utility Consumption | $ | 25,000 | |
| 5. Building Permit | $ | 66,000 |
PPD Corporate HeadQuarters
Wilmington, NC Basis of Estimate
Assumptions and Clarifications
Building Area
| PPD | ||||||||
| Mechanical | 6,073.00 | |||||||
| 12 | 19,004.00 | |||||||
| 11 | 18,868.00 | |||||||
| 10 | 28,540.00 | |||||||
| 9 | 28,540.00 | |||||||
| 8 | 28,540.00 | |||||||
| 7 | 28,540.00 | |||||||
| 6 | 28,540.00 | |||||||
| 5 | 28,540.00 | |||||||
| 4 | 28,540.00 | |||||||
| 3 | 32,176,00 | |||||||
| 2 | 38,918.00 | |||||||
| 1 | 61,231,00 | |||||||
| P2 | 25,490.00 | 40,059.00 | ||||||
| P1 | — | 76,447.00 | ||||||
| GSF Office Building | 401,540.00 | 116,506.00 | GSF Garage |
Site
| 1. | The work included in this GMP is generally limited to Excavation of the Structure, Sheeting and Shoring of excavation, Concrete Frame to the top of the underside of elevation 37, Back fill of building, Mechanical & Electrical Sleeving, Mechanical and electrical path ways in concrete slab or under foundation slabs |
| 2. | We have not included electrical duct banks. |
| 3. | We have not included any work for Phase Two |
| 4. | Excavation will be shored to prevent cave in by sheeting and shoring. |
| 5. | Dewatering is included as an allowance. |
| 6. | Due to the uncertainty of the Phase two site work we are not including any keystone retaining walls on the south side of the building at this time. |
| 7. | We have included termite treatment for the slab on grade. |
| 8. | We do not include any handling, treatment, or disposal of characteristically hazardous material, soil, water etc. or unsuitable material. |
| 9. | We do not include excavation of rock, existing foundations, piping or other utility structures. |
| 10. | We have included 5,225lnft of under slab drainage piping for an allowance of $78,131. This piping is not shown on the drawings. |
PPD Corporate HeadQuarters
Wilmington, NC Basis of Estimate
Concrete
| 1. | We have assumed that concrete in the garage will not be architectural in nature and that the finish will be the natural finish that a grade b plywood will leave when the forms are pulled.(Class D Finish) |
| 2. | We have provided a floor finish of between F(F) 20 and F(L) 25 in lieu of 1/8” tolerance in10’-0” or similar forms of measure. |
| 3. | Curing of floor slabs will be with Kurex-DR VOX curing compound or equal in lieu of moisture cure. |
| 4. | Formwork is based on use of 23/32” thick SB exterior grade plywood |
| 5. | Rubbing cast-in-place concrete is excluded |
| 6. | In exposed ceiling areas we are grinding only the plywood seams. |
| 7. | We do not include the sealing of chamfered wall construction or control joints as Indicated on detail 4 on S0.1. |
| 8. | Our GMP is based on using wood formed pans. |
| 9. | Specification call for a class B finish on exposed concrete, pan slabs will be a Class D finish not class B. |
| 10. | We have not included precast embeds. |
| 11. | We have not included additional pricing for concrete referenced in email from Uzan and Case dated 4/25/05 |
Masonry
| 1. | All masonry walls in the garage will be priced under the Core and Shell GMP. |
Miscellaneous Metals
| 1. | All metal stair will be priced under the Core and Shell GMP. |
| 2. | We have included cable rail at the garage area ramps. |
Woods and Plastics
| 1. | Not required. |
Thermal and Moisture Protection
| 1. | We have included a waterproofing system for the foundation walls. |
| 2. | No under slab waterproofing system is included. Section 5 & 6 on S0.2 are assumed to be in error. |
Glass & Glazing
| 1. | All Doom and Frames will be priced in the Core and Shell GMP |
| 2. | All glazing will be priced in the Core & Shell GMP. |
PPD Corporate HeadQuarters
Wilmington, NC Basis of Estimate
| 3. | Overhead coiling doors will be priced in the Core and Shell GMP. |
Finishes
| 1. | All Finishes will be priced in the Core And Shell GMP |
| 2. | Specialties |
| 1. | All specialties will be priced in the Core & Shell GMP. |
Equipment
| 1. | The parking gate and controller will be priced in the Core & Shell GMP. |
| 2. | Dock levelers will be priced in the Core & Shell GMP. |
Furnishings
| 1. | Not Required. |
Conveying:
| 1. | We assume the hydraulic elevator will be a hole less type not requiring a jack hole. |
Mechanical:
| 1. | We have included an allowance of $124,720 for all Plumbing, HVAC & Sprinkler sleeving or embedded in walls columns or slabs, no other work has been included |
Electrical:
| 1. | We have included an allowance of $111,510 electrical sleeving or conduit embedded in walls columns or slabs, no other work has been included. |
