LCI Preconstruction & Estimating Training Manual

61 East Bank Street

7/15/2016

$

38,054,169 40,998,076

RFP Estimate Dated 2/22/16

$

DesignDevelopment Estimate Dated 7/15/16

$

2,943,907

Estimate Savings/Overrun

Scope Adjustments (Increases/Decreases)from the Revised Initial Estimate

145 146 148 149 150 151 152 153 154 155 156 157 158 159 160

Our qualification/ Budget shows elevator Cab finsih allowance of $25,000 per design narrative allowance changed to $3000 each

$ $

10,000 56,393

Market Condition

$

66,393

Div 15 - Mechanical

Market Condition Additional Heads in bathrooms & additional heads because of layouts

$ $ $

35,000 12,338

Revised plumbing fixture package

(100,000)

$

(52,662)

Div 16 - Electrical

Initail qualification/ Budget shows 150 KW generator per design narrative we need 250KW- net add

$

45,000

Initail qualification/ Budget shows $120,000 for lighting furnish package , now we have lighting package of $202,000 with labor and pipe and wire cost

$ $ $ $

242,000 15,000 35,000

Additional residential Unit electrical cost

Lightning Protection

Misc.

15,655

$

352,655

161 162 Miscellaneous Adjustments 163 Indirect markup adjustments

$

230,507

164 Misc. adjusments

$

(377,382)

$

(146,875)

165

166 167 Approximate Reconciled Estimate Adjustments 168 Total

$

2,943,907

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