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EXHIBIT 2 <br /> 60 <br /> 919.734.8400 <br /> P.O.Drawer 919 <br /> T.A.LOVING COMPANY Goldsboro,NC 27533 <br /> TA 4 LOV I NG Construction Services www.taloving.com Wt* <br /> April 26,2017 <br /> Jeffrey E.Thompson <br /> Director,Asset Management Services <br /> Orange County Government <br /> 131 West Margaret Lane, Suite 300 <br /> Hillsborough, NC 27278 <br /> RE: Sportsplex Fieldhouse Project <br /> Dear Mr.Thompson: <br /> T. A. Loving Company is pleased to provide a Guaranteed Maximum Price cost package for the above <br /> referenced project. It is based on a series of schematic and developmental programming and design meetings <br /> with Orange County, the attached summary meeting minutes dated March 2, 2017 outlining the program <br /> space, associated site development and the attached schematic floor dated April 26, 2017. <br /> The total cost for the project including design,contractor general conditions,overhead and fees,and construction <br /> is not to exceed: <br /> $3,714,000 <br /> Three Million Seven Hundred Fourteen Thousand and 00/100 Dollars <br /> The summary breakdown for this Guaranteed Maximum Price is as follows: <br /> Direct Cost of Work $2,667,000 <br /> Direct Cost of Work Contingency approved by Owner $333,250 <br /> General Conditions, Overhead $234,000 <br /> Contingency/Allowances approved by Owner $150,000 <br /> Design-Build Fees $329,750 <br /> Total not-to-exceed Guaranteed Maximum Price $3,714,000 <br /> This cost is clarified as follows: <br /> 1. All construction permit fees are included. All additional fees such as impact, NCDOT, NCDENR etc. are by <br /> owner. <br /> 2. Infrastructure for telecommunications and security is included.Wiring and equipment for these systems are by <br /> owner. <br /> 3. FFE items are not included. This includes all loose furniture, office equipment, exercise equipment, etc. not <br /> shown on the attached floor plan. <br /> We are grateful for the opportunity to work with Orange County. Please call should you have any comments or questions <br /> regarding this proposal. <br /> Sincerely, <br /> T.A. LOVING COMPANY <br /> Oki <br /> 2.,c 6o% pr <br /> Scott Wynne <br /> Pre-Construction Manager <br /> Evia Nelson, Project Manager—T.A. Loving Company <br /> Ken Redfoot, CRA <br /> An Equal Opportunity/Affirmative Action Employer <br />