Orange County NC Website
Browse       Search
4 <br /> Fees (9.8% of Constuction, Site Work, Fixed Eqmt.) 789,349 <br /> Fees include contracts for architectural and <br /> engineering services, permits, testing, and administrative <br /> costs for on-site supervision of the contractors, and security. <br /> Contingency (6.2% of Construction, Site Work, Fixed Eq.) 500,000 <br /> It is normal to have a ten percent contingency on a <br /> project of this nature prior to bidding. Contingencies can be <br /> used for any of the following: <br /> a. unexpected difficulties such as hitting rock or bad <br /> soil; <br /> b. change orders if the architect and owner need to <br /> correct bid specifications; <br /> c. covering costs for construction if bids are higher <br /> than expected. Almost $100,000 will be <br /> required from contingency for each $1 per <br /> square foot the project is bid over budget. <br /> d. accepting "alternates" for desirable building <br /> features that are not included in base bid <br /> (such as hard tile floors for corridors instead of <br /> vinyl tile or covered walkways) <br /> The McDougle contingency ($600,000) was used for <br /> all of these and for technology because the anticipated $1 <br /> million was never forthcoming from the impact fee. It also <br /> should be noted that when McDougle was originally bid it <br /> was over budget and elements in the project were <br /> eliminated or put on hold until we could determine if the <br /> contingency could be used for that purpose. <br /> TOTAL $10,646,915 <br /> The reader is referred to the attached article on estimating construction costs. <br /> Percentages for fixed and movable equipment, site work, professional fees, and <br /> contingency are generally below the recommended percentages. These <br /> percentages were used as guidelines in developing our budget figures. <br /> 3. Why is a new elementary school needed at this time? <br /> The capacity of the district's present six elementary schools is 3150 , <br /> excluding mobile classrooms. Enrollment in the elementary schools stands at <br /> 3662 today. It is projected to increase to 3931 by 1996-97. There are 19 <br /> mobile classrooms on our elementary campuses at this time. In addition, it is <br /> clear that if more space were available, schools would reallocate some funds to <br /> reduce class size. At this time, this is not an option for our schools. <br />