10-28-2008 Special School Board Meeting
Agenda Item #33


Title
Amendment #3 to Agreement for Design / Build Services for Additions and Renovations at Coquina, Imperial Estates and Mims Elementary Schools

Discussion

McCree, Inc. was approved as the Design-Builder for the Additions and Renovations project at Coquina, Imperial Estates and Mims Elementary Schools at the June 12, 2006 Board meeting.  The original Agreement contained a GMP of $10,000,000.  Previously approved Amendments No. 1 and No. 2  increased the GMP to $15,895,504.  Amendment No. 3 will decrease the GMP to $14,339,802.00.

The extension to the Contract Time is recognition of the delay in receiving a permit from the City of Titusville to construct off-site improvements at Imperial Estates Elementary School.  This delay is considered Force Majeure, with a Time extension granted to remedy the delay.      

NOTES: 
1)  The final GMP included in this Amendment is consistent with the Independent Accountant's Report prepared by Carr Riggs & Ingram dated August 20, 2008.
2)  The decrease of the GMP contained in this Amendment consists of two elements:
     a) A deduction of the value of the Owner Direct Purchases in the amount of $1,318,556.00 -- this is an administrative change only - no credits will be received for this element.
     b) A deduction for unused Allowances in the amount of $237,146.00 -- a credit will be received for this element.



Recommendation

Approve Amendment No. 3 to modify the existing Agreement for Design/Build Services with McCree, Inc. for Additions and Renovations at Coquina, Imperial Estates and Mims Elementary Schools to decrease the Guaranteed Maximum Price (GMP) in the amount of $1,555,702.00 and extend the Contract Time by 68 days. 

Accept the project as complete and authorize the release of retention.



Meeting Date(s)
Information - 10/14/2008
Consent after Information10/28/2008

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 of Project Management, x657


Attachment:  Amendment No 3-Final.pdf