Background:
During Stevenson Elementary School Phase 2 Increment 2 Modular Buildings Project unforeseen conditions, design changes, and owner requests have occurred, resulting in additions/changes in scope to the original project. These additions/changes require contingency money to be used.
The total construction contingency of $583,600 was budgeted for this project.
Change Order #1 for $538,897 was approved on August 17, 2017.
Change Order #2 for $296,385 was approved on April 5, 2018.
Change Order #3 for $12,983 will reduce the remaining contingency amount to $31,720 with 100% of the project complete.
Total Change Orders to date equals $551,880.00 and equate to 9.46% of the contract value. To date, AMS has completed 100% of the contract work.
Fiscal Implication:
The contingency monies required for Change Order #3 will not exceed $12,983. A summary of Change Order #3 is attached.
Recommended Action:
It is recommended the Board of Trustees approve Change Order #3 for the Stevenson Elementary School Phase 2 Increment 2 Modular Buildings Project.