01-19-2010 Regular School Board Meeting
Agenda Item #36


Title
Amendent #1 to the Agreement for Design-Build Services at Dr. W.J. Creel Elementary School

Discussion

The purpose of this Agenda Item is to close the Agreement for Design-Build Services with Wharton-Smith, Inc. for the HVAC Renovations project at Dr. W.J. Creel Elementary School.

Wharton-Smith, Inc., was approved as the Design-Builder for the HVAC Renovation project at Dr. W.J. Creel Elementary School on March 10, 2009 for a Guaranteed Maximum Price (GMP) of $1,601,000.  Amendment #1 is a decrease to the GMP in the amount of <$384,102.35> to deduct Owner Direct Purchases, Unused Contingency and Unused Sales Tax Savings.

The decrease of the GMP contained in this Amendment consists of two elements:

  1. A deduction of the value of the Owner Direct Purchases (ODP) & Sales Tax Savings amount of <$383,653.78>, This is an administrative change only -- the School Board will not receive a credit for this deduction since the value of the ODP's and Sales Tax Savings was previously deducted from the Purchase Order to Wharton-Smith, Inc.
  2. A deduction for Unused Contingency, in the amount of <$448.57>, the School Board will receive a credit for this deduction.

Remaining funds will be used for Furniture, Fixtures and Equipment (FF&E) purchases at Dr. W.J. Creel Elementary School.



Recommendation
Approve Amendment #1 to modify the Agreement for Design-Build Services with Wharton-Smith, Inc., for the HVAC Renovation project at Dr. W.J. Creel Elementary School to decrease the Guaranteed Maximum Price in the amount of <$384,102.35> to $1,216,897.65.  Accept the Agreement as complete and authorize the release of all remaining retention to Wharton-Smith, Inc.

Meeting Date(s)
Information - 12/8/2009
Consent after Information1/19/2010

Authority for Action
1001.42 F.S

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding
Agenda Item will not Require the Expenditure of Funds

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact

Alan Daniel, Construction Manager - 633-3580 x13062




Attachment:  Amendment Number 1 Dr W J Creel.pdf