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<br /> <br />P a g e 61 <br /> <br /> <br />Orange County <br />Facilities Security Assessment <br />RFP#: 367-OC 5403 <br />CTCH Security Business Consulting – www.ctchconsulting.com <br /> <br />Security Design Cost Estimates: CTCH develops its security cost estimates based <br />on market research that is related to physical security components (doors, building <br />materials, infrastructure and electronic components); labor hour estimates; and <br />miscellaneous items (overhead, logistics, etc.) that are often related to security projects. <br />In an effort to obtain fair market estimates related to security components, CTCH will <br />conduct market research via the internet; identifying at least 5 vendors who sell the <br />same products; and then averages the costs associated with like components. This <br />enables CTCH to identify the average market value of a particular product. In some <br />cases, depending on the type of component required, CTCH will work with local area <br />vendors to gain market value data due to some security components manufacturers <br />only selling their products to authorized vendors or to direct sellers. <br /> <br />Once the CTCH has completed its fair market analysis on Physical Security <br />Components, it then identifies the labor rates associated with the area(s) where the work <br />will be performed. CTCH will utilize the U.S. Department of Labor rates associated with <br />job titles within the state or local area; evaluate the local union labor rates associated <br />with job titles; evaluate bid results for similar projects to identify the labor rates <br />associated with certain job titles; and utilize the known labor rates that have been <br />applied to similar projects within the state or local area. Once CTCH has identified the <br />Physical Security Component Costs and Labor Rates, it will then calculate the estimated <br />labor/working hours that would be needed to complete project tasks. CTCH’s cost <br />estimates are also centered on evaluating the labor costs, component costs and <br />overhead costs associated with past projects (new construction, retrofit, integrations, <br />etc.); on research performed on similar projects; and on RFI data that is gained from <br />local labor pools. For truly large-scale projects, CTCH works with professional project <br />estimators who have experience within the security project estimating fields. <br /> <br />Once CTCH has identified the physical security components costs, labor rates and <br />estimated overhead costs it will then use the below formula to calculate <br />recommendation costs: <br /> <br />x = Component Cost <br />a = Labor Rate <br />b = Labor Hours <br />m = 15% Industry Markup (overhead, logistics, market inflation, etc.) <br />z = Component Cost + Direct Labor Cost <br />DocuSign Envelope ID: CCAAE303-70FA-49DE-B23A-944301EA0EEB