Orange County NC Website
•Address critical repairs separately from repairs anticipated over the term of the analysis. <br />•A FCI index number for each building. <br />•A twenty year capital plan with an Executive Summary with graphic presentation of results to provide a quick,"user- <br />friendly"summary of the property's observed condition and estimated costs assigned by category. <br />Cost Estimating <br />Each single building report will include an estimated cost for each System/Sub-System repair or replacement <br />anticipated during the evaluation term. The capital needs analysis will be presented as an Excel-based cost <br />table that includes a summary of the description of each component, the age and estimated remaining useful <br />life, the anticipated year of repair or replacement, quantity, unit cost and total cost for the repair of each line <br />item. A consolidated Capital Needs Analysis will be presented that includes all anticipated capital needs for all <br />buildings. <br />In addition to the detailed description of the deficiencies, we will provide cost estimates for the deficiencies <br />noted. The cost estimate for capital deficiencies will be based on the estimate for maintenance and repair. <br />Project management costs, construction fees, and design fees will be derived using actual costs from previous <br />projects, if available. <br />DSI Service Providers use the ASTM Uniformat II system for categorization and a proprietary blend of national <br />prevailing industry-standard cost models for cost estimating.DSI also maintains and updates our cost <br />estimating system with information received from the field.Through our construction monitoring work, <br />we have current cost data from hundreds of in-progress construction and rehabilitation projects.This allows us <br />to project costs based on local conditions and to maintain a cost database that in most cases is more current <br />than published models. <br />Assumptions <br />•Average building square footage is greater than 10,000 sq.feet.If average square footage <br />of all buildings to be included to receive the service is less than 10,000 sq.feet, custom pricing is <br />needed. <br />•All buildings are located within one primary geographic zone/region (Example – School District, Higher <br />Education, Main Campus,and Town).If multiple or scattered locations across the state are to receive <br />the service a custom quote must be obtained. (Example – Multiple Higher Education Satellite Campuses <br />locations, State Department Agencies) <br />•Residence Halls – A sampling would be based upon visits to approx. 20% of the rooms. When calculating <br />the projected replacement cost of the in-residence items, these items will be treated as a system.A cost <br />based upon the sampling will be generated for the system.Individual in-room collection of assets would <br />not be provided, if desired a custom quote would be needed. <br />•Reconciliation of existing equipment in DSI work & asset management solutions and updating of <br />historical records will not be performed.If reconciliation is required this is subject to additional costs <br />depending upon the amount of changes requested. <br />•Capture of Data plate information is subject to readily accessible, legible information plate. <br />•DSI team members make final determination of whether areas housing assets are safely accessible for <br />data collection. <br />13 <br />DocuSign Envelope ID: 4D9EE5C9-1C7C-4BC0-8831-A9615B43A0B9