If you were presenting an open book pay request to a repeat client, what additional detail/line items
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If you were presenting an open book pay request to a repeat client, what additional detail/line items would you make to the GMP SOV Figure 24.3, Column 3?
Figure 24.3
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Project: CSI Division 1 2345678=58885 9 10 11 12 13 14 15 21 22 31 Carpenters Training Center Description Jobsite General Conditions Demolition Concrete Masonry Structural & Misc. Metals Columns: Wood & Plastic Thermal & Moisture Protection Doors, Windows, Glass Finishes Specialties Equipment: Bridge Crane Furnishings Equipment Conveying Systems (Elevator) Mechanical Systems: Fire Protection Plumbing HVAC Electrical Systems Sitework Subtotal w/o GC's and Fee: General Conditions Labor burden Insurance and taxes Contingency Fee Subtotal Add-ons TOTAL GMP: 1 City Construction Company Schedule of Values Original Estimate see below 325,000 166,200 455,200 862,400 2 5,691,015 435,100 333,337 146,308 Buyout Adjust 0 515,058 27,300 418,456 -10,000 178,351 432.200 343.600 816,170 26,755 175,600 6,325 0 85,000 0 198,173 340,197 1,453,115 $7,144,130 ( 0 0 0 0 7.500 0 -7,950 857,400 -32,400 -28,950 13,900 0 0 -724 0 29,674 28,950 0 3 GMP SOV Adjusted Estimate 515,058 27,300 408,456 178,351 439,700 343.600 808,220 26,755 175,600 6,325 0 85,000 0 338,900 166,200 455,200 862,400 825,000 5,662,065 435,100 333,337 145,584 198,173 369,871 1,482,065 $7,144,130 4 % of Subtotal 0 9.05% 0.48% 7.35% 3.13% 7.59% 6.04% 14.34% 0.47% 3.09% 0.11% 0.00% 1.49% 0.00% 5.71% 2.92% 8.00% 15.15% 15.07% 100.00% Project Manager: 5 Add-ons Prorated 0 131,512 6,971 106,846 45,539 110,356 87.733 208,397 6,831 44,837 1,615 0 21,703 0 82,984 42,437 116,228 220,201 218,924 $ 1,453,115 Rhonda M. 6 Lump Sum SOV Adjusted Totals 0 646,570 34,271 515,302 223,890 550,056 431,333 1,016,617 33,586 220,437 7,940 0 106,703 0 421,884 208,637 571,428 1,082,601 1,043,924 $7,144,130 Buyout improves fee position!
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Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
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