Agenda - 01-15-2008-4y4 - Laserfiche WebLink

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rn~,gased on the Construction Management Plan and the Construction Market Survey, if needed, the CM shall prepare a Project and Construction Budget based on separate divisions of the Work required for the Project and shall identify contingencies for design and construction. The CM shall submit the Project and Construction Budget to the Owner for acceptance. If the CM believes that additional surveys. geotechnical investigations, environmental assessments or other testing or investigation is necessary and reasonable to fashion a reliable Project and Construction Budget, the CM shall make recommendations to the Owner for such services, with an explanation of why the CM believes that the services are reasonable and necessary. The decision to procure such services shall be solely in the discretion of the Owner, and shall be at the Owner's expense. The Project and Construction Budget shall be revised as directed by the Owner. 3.6.3 Preliminary Estimate and Budget Analysis [Not Used.] 3.6.4 Cost Control [Not Used.] 3.6.5 Project and Construction Budget Revision In the event the CM and the Owner concur the Guaranteed Maximum Price is likely to be exceeded because ~- of any of the grounds upon which the CM has the right to seek an adjustment to the Purchase Price as provided in the Agreement of Purchase and Sale (Library Building) and or the Agreement of Purchase and Sale (Office Building). or the Owner's Interior Upfit Allowance is exceeded, the CM shall make recommendations to the Owner concerning design changes that may result in revisions to the Project and Construction Budget and divisions of the Work required for the Project. 3.6.6 Value Engineering Studies In the event the CM and the Owner concur the Guaranteed Maximum Price is likely to be exceeded because e~-~aeF- .r:.e..+e,a ..+..,...,e~ +,. ++,e s +tie lA7i.rL of anY of the grounds upon which the CM has the right to seek an adjustment to the Purchase Price as provided in the Agreement of Purchase and Sale (Library Building) and or the Agreement of Purchase and Sale (Office Building), or because the Owner's Interior Upfit Allowance is exceeded. the CM shall provide value engineering recommendations to the Owner and Designer for major construction components, including cost evaluations of alternative materials and systems. 3.6.7 Estimates for Addenda Prior to bidding, the CM shall notify the Owner and the Designer if any addendum issued by the Designer could impact the Cost of the Work of the Project, and will prepare an estimate of costs for all such addenda and shall submit the estimates to the Owner for approval. After approval by the Owner, addenda shall be transmitted to bidders by the CM. Once bids are received and contracts are awarded to each Contractor, any addenda issued by the Designer which affects a Contractor shall be processed through the change order provisions in the Agreement. 3.6.8 Analyzing Bids: Upon receipt of bids, the GM shall evaluate the bids, including alternate prices and unit prices, and before award of any construction contract shall provide the Owner and the Designer with a report summarizing the bids. 3.6.9 Schedule of Values (Each Contract) The CM shall, in participation with the Contractors, determine a Schedule of Values for each of the construction contracts or, if the entirety of the Work is to be pertormed by a single prime, a consolidated schedule of values. The Schedule of Values shall be the basis for the allocation of the Construction Contract price to the activities shown on the Contractor's Construction Schedule. 3.6.10 Allocation of Costs to Contractor's Construction Schedule [Not used] 3.6.11 Change Order Control The CM shall establish and implement a change order control system. 3.6.11.1 All proposed Owner-initiated change orders shall first be described in detail in writing by the Owner, or the Designer if so requested by the Owner, and forwarded to the GM. The CM shall then forward a request for proposal to the appropriate Contractor (or Contractors), accompanied by technical Drawings and Specifications prepared by the Designer. In response to the request for a proposal, the Contractor shall submit to the OM for evaluation detailed information concerning the costs and time adjustments, if any, necessary to perform 7