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Attachment 3- Construction Cost Allocation Matrix 10
<br /> THE 203 SCHEMATIC DESIGN CONSTRUCTION COST ALLOCATION MATRIX
<br /> 112112021
<br /> Town WCOM County Shared Bldg Site Site Parking
<br /> Percent of Space 42.62% 1.76% 55.62%
<br /> #of cars 56 3 111 3
<br /> Cars In Excess of LUO
<br /> portion of shared parking 1.28 0.05 1.67
<br /> Shared Costs 11,212,039 1,290,170 6,257,58
<br /> Dedicated 2,340,455 143,028 2,555,097
<br /> Shared 4,778,571 197,332 6,236,136
<br /> Site 549,870 22,707 717,593
<br /> Parking 2,071,824 110,423 4,075,335
<br /> TOTAL CONSTRUCTION COST* $9,740,720 $473,490 $13,584,160
<br /> of Base Cost 40.93% 1.99% 57.08%
<br /> BUDGETS $10,505,000 inc w/Town $11,777,00
<br /> delta-(over)/under $290,790 {$1,807,160)
<br /> BUDGET%ASSUMPTIONS 44% inc w/Town 56%
<br /> 1.08% -1.OS%
<br /> NOTES:
<br /> Construction Costs The construction costs are for all base construction costs.This does not include furniture,AV
<br /> equipment,specialized performance space seating and equipment,IT fiber,parking management
<br /> system,rooftop photo voltaic panels,land acquisition,and soft casts.Construction costs include
<br /> just over$1M in accepted value engineering(VE)options.
<br /> Dedicated:The construction costs associated with the building out of dedicated tenant areas.
<br /> Shared:The construction costs associated with shared areas of the builing.This includes structure,building
<br /> envelope,central utilities,stairs,elevators,risers,common lobby,cirtulation spaces,etc.Shared
<br /> costs are allocated to tenants on a prorated basis based on percentage of net area in the building.
<br /> Site:The construction costs associated with site including street utilities,hardscape,landscape,site
<br /> lighting lighting,etc.Shared costs are allocated to tenants on a prorated basis based on percentage
<br /> of net area in the building.
<br /> Parking:The construction costs associated with the parking structure allocated on the spaces required by
<br /> each tenant.The costs of shared parking spaces are allocated to tenants on a prorated basis based
<br /> on percentage of net area in the building.Spaces above and beyond the LUO required parking
<br /> spaces is allocated to the Town of Carrboro as a Town decision to include the additional parking.
<br /> Subject to Change As the design progresses and plans are modified,there may be small adjustments to the percent of
<br /> net space allocated to each tenant.
<br /> Owners'Budgets Owners's budgets are per the"Option 1-budget Allocation with Skills Development"table provided
<br /> by Orange County.There is a$1.114M owner's contingency that is not included in the above noted
<br /> budgets.
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