LCI #16-2596 - 300 West Huron April 4, 2016 Page 4 of 17
12. Alternate #012 – Upgrade master bathroom shower wall tile to -Virginia Tile Calacatta VI – Ambra 24” x 24” Décor. Add to Base Bid ................................................................................................................... $ 33,025.00
13. Alternate #013– Alternate plumbing fixtures Deduct from Base Bid ........................................................................................................($ 214,071.00)
14. Alternate #014– Four backwater valves Add to Base Bid ................................................................................................................... $
0.00
15. Alternate #015– Lightning protection system Add to Base Bid ................................................................................................................... $ 138,252.00
16. Alternate #016– Deduct to provide compact aluminum conductors Deduct from Base Bid ........................................................................................................($ 79,485.00)
10.0
Unit Prices 1.
Parking lifts: all second and third floor parking stalls with the “L” designation could have a parking lift installed. These lifts would be installed at the request of the unit buyer: a. Provide (1) lift - Add to Base Bid................................................................................. $ 24,783.00 b. Provide (5) lifts - Add to Base Bid ............................................................................... $ 83,167.00 c. Provide (10) lifts - Add to Base Bid ............................................................................. $ 148,870.00 2. Retail Demising Wall - $10.54/SF 11.0 Estimate Baseline – The estimate is based on the following categories of cost. This forms the baseline for monitoring scope changes in the future. 1. Design Documents – Unless superseded by one of the following three categories, the design documents (as listed in the document list) are the basis of the estimate. 2. Agreed Upon Changes – During the process of preparing the estimate, the Architect/Engineer (A/E) and LCI may have agreed to modifications to the design originally documented in the A/E’s documents. For items in which this occurs, LCI estimated quantities and quality levels take precedence over the A/E’s documents as a basis for the estimate. 3. Allowances – In cases where the design has not been developed sufficiently to estimate quantities, a stipulated dollar allowance shall be the basis of the estimate. 4. LCI Assumptions – In cases where the design is inadequately defined on the A/E’s documents, LCI will make assumptions upon which to base cost. Since scope variances cannot be determined by comparing future design documents to A/E’s documents, LCI’s assumed quantities and quality levels, shall take precedence over the A/E documents as a basis of the estimate.
12.0 Inflation / Market Escalation –The pricing contained herein is based on current construction costs and does not include any escalation.
13.0 Schedule – The estimate is based on the attached construction schedule.
14.0 Clarifications – The following clarifications are outlined to coincide with the estimate: 1.
The estimate is based on all work being performed on standard shift time. Overtime and/or shift premiums are not included in the estimate.
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