09-28-2010 Special School Board Meeting
Agenda Item #37


Title
Amendment #1 to Agreement for Construction Management Services at Heritage High School (CCC)

Discussion

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:

  1. A deduction of the value of the Owner Direct Purchases (ODP) in the amount of <$17,447,413.83>.  This is an administrative change only -- the School Board will not receive a credit for this deduction since the value of the ODPs was previously deducted from the Purchase Order to W.G. Mills, Inc.
  2. A deduction for Unused Sales Tax Savings, Unused Contingency, Unused Allowances, Unused General Conditions and an Audit Adjustment in the amount of <$2,211,612.17>.  The School Board did receive a credit for this deduction, which has been used to fully fund the Furniture, Fixtures and Equipment (FF&E) budget and perform minor additional work outside of this contract. 

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).



Recommendation

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. 



Meeting Date(s)
Information - 9/28/2009
Consent after Information10/12/2009

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

Dane Theodore, Director, Planning & Project Management  633-1000 x657




Attachment:  Amendment No 1.pdf