Agenda Item #37
Amendment #1 to Agreement for Construction Management Services at Heritage High School (CCC)
The purpose of this Agenda Item is to close the Agreement for Construction Management Services with W.G. Mills, Inc. for Heritage High School (CCC).
W.G. Mills, Inc. was approved as the Construction Manager for Heritage High School (CCC) on October 31, 2007 for a Guaranteed Maximum Price (GMP) of $65,000,000. Amendment #1 is a decrease to the GMP in the amount of <$19,659,026> to deduct Owner Direct Purchases, Unused Sales Tax Savings, Unused Contingency, Unused Allowances, Unused General Conditions and an Audit Adjustment.
The final GMP contained in this Amendment is consistent with the Independent Accountant's Report prepared by Carr, Riggs & Ingram dated March 29, 2010.
The decrease of the GMP contained in this Amendment consists of two elements:
Upon completion of the project on June 30, 2011 any remaining funds in the project will, subject to approval by the School Board, be transfered to another project or used to pay debt on the Certificate of Participation (COP) for the project (Series 2008A).
Approve Amendment #1 to modify the Agreement for Construction Management Services with W.G. Mills, Inc. for Heritage High School (CCC) to decrease the Guaranteed Maximum Price in the amount of <$19,659,026> to $45,340,974. Accept the Agreement as complete and authorize the release of all remaining retention to W.G. Mills, Inc.
Information - 9/28/2009
Consent after Information10/12/2009
Authority for Action
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Agenda Item will not Require the Expenditure of Funds
Dane Theodore, Director, Planning & Project Management 633-1000 x657
Attachment: Amendment No 1.pdf