Agenda - 06-26-2007-4dd - Laserfiche WebLink

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Project Construction Method. Construction management at risk contract. (G.S. X143-128(al)(4)). 4. Construction Manager at Risk. TCM to contract «~ith the County as provided in G.S. ~ 143-64.31. TCI~I: (1) will provide construction management services for the Project throughout the preconstruction and construction phases, and (2) will guarantee the cost of the Project will not exceed the budgeted Project Cost of $17,939,079.1 This guaranteed Project Cost will be adjusted in the event (1) the County introduces any changes to the scope of the work envisioned by TCM and the design professionals` or (2) TC1VI is delayed in the commencement of construction by reason of the public bid process or by reason of matters reasonably beyond TCM's control. TCM remuneration: retention of private elements and the amount by which the budgeted Project Cost exceeds actual Project Cost incurred. TCM Construction Method. TCM will publically advertise, prequalify and accept bids on a single prime basis from licensed general contractors. TCM and the County will develop mutually agreeable prequalification criteria including, but not limited to: iThis sum to Ue reduced by those portions of the contract balances remaining to be paid to design professionals whose contracts must be assigned to the County pursuant to G.S. X143-64.31. ZThe Project budget contemplates that TCIUI will deliver a shell and the upfitted space, the latter as specified by the County. The Project budget includes an upfit allot--°ance of $3~Ift2 for the office building interior and an upfit allowance of $55/ft2 for the library interior. The Project Cost will be adjusted to the extent the otTice building and library interiors upfit costs exceed the budgeted office building and library interior allowances contained in the guaranteed Project Cost. The interior upfit costs shall be identified in the bid documents and the cost to upfit the interiors shall be identified in the construction bid(s). -3-