Background:
During the Kenneth Slater New Campus Project Modular Two-Story Building, 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 $617,407.50 was budgeted for this project.
Change Order #1 for $220,632 was approved on March 7, 2019.
Change Order #2 for $11,364 was approved on August 22, 2019.
Change Order #3 for $4,153 was approved April 2, 2020.
Change Order #4 for $3,400 will reduce the remaining contingency amount to $377,858.50 with 100% of the project complete.
Fiscal Implication:
The contingency monies required for Change Order #4 will not exceed $3,400. A summary of Change Order #4 is attached.
Recommended Action:
It is recommended that the Board of Trustees approve Change Order #4 for the Kenneth Slater New Campus Project Modular Two-Story Building.