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CHAPEL HILL ORANGE COUNTY VISITORS BUREAU November 28, 2020 <br />308 WEST FRANKLIN, CHAPEL HILL, NC <br /> <br /> <br />VALUE ENGINEERING <br /> <br />NARRATIVE ON ACCEPTED VE ITEMS <br /> <br /> <br /> <br /> <br /> <br />ITEM <br /># <br />NARRATIVE AMOUNT <br />1 Eliminate tile demolition and major floor prep. excludes tile demo at bar. With <br />this VE item the tile in the lobby will be demolished allowing the lobby to retain <br />a consistent wood floor. At other locations, especially at the work room and hos- <br />pitality areas the tile floor will be cleaned. For finish changes to these other areas <br />see Item #2 below. <br />Deduct: <br />($4,200) <br />2 Add carpet in lieu of LVT at 006 Hospitality; 007 Storage; 010 Work Room; 014 <br />Utility; 015 Storage. With this VE item the tile will be cleaned and will remain in <br />place (see Item 1 above). Plywood sub-floor will be attached over the tile and <br />carpet installed in lieu of LVT. This change will be reflected on the Room Finish <br />Schedule on sheet A-701. <br />Deduct: <br />($630) <br />3 Metal framing in lieu of wood framing for walls. This change will eliminate wood <br />framing at new walls. Engineered wood beams remain as does miscellaneous <br />blocking and shimming. <br />Deduct: <br />($1,800) <br />4 Deleted <br />5 Keep existing water heater. The existing water heater located in the attic space <br />has functional capacity to satisfy demand. The existing water heater will be tested <br />to confirm output. <br />Deduct <br />($1,000) <br />6 Deleted <br /> <br /> <br />DocuSign Envelope ID: 775B89AF-3514-4D9E-B148-2FDE4EFF16C2