Transcript Chapter 7 Funding & The Bid Process

SPORT MANAGEMENT 302 (a)
B. FLAHERTY
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Questions/Comments?? Quiz next week,
Chapters 1-6
Complete Chapter 7 “Funding and the Bid
Process”
Chapter 8 “Constructing Recreation
Facilities”
Small Group Work
Summary/Assignments
Chapter 7 Funding & The Bid
Process
Funding is a critical part of the design project
 Generate support & interest
Project Costs
1. Hard Costs “Fixed”, part of the facility, permanent & relate to
construction. (material cost + labor) Cost per square foot common.
GSF and ASF. What are they? What is tear space??
Construction Mgmt: Have expertise to guide construction to ensure it
goes according to plan, safely
“FFE” Furniture, fixtures, and equipment
2. Soft Costs; “Start-up costs” Contingencies (unexpected costs 10-20 %
of construction cost) Architect fees, engineering, consultants, permits,
permits, permits!!
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Chapter 7
Operational costs need to be considered in the design stage;
i.e. sustainability “Plan well, save later”
CONSTRUCTION OPTIONS (Be aware of funding and time frame
to completion)
1.
Conventional; Most common; design is put out to bid, lowest,
most qualified is awarded the contract. Common in the
public sector.
2.
Design-Build; One company does both the design and
construction. Cost savings, mostly used by the private sector.
3.
Fast-Track; Construction begins before design is complete.
Potential savings.
4.
Turnkey; Contractor does it all, design through construction
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Chapter 7
BIDDING THE PROJECT
 Private sector organizations need not go through the bid
process, but may do since bidding causes competition
 Public sector organizations are required by law to bid projects.
Ensures a fair & equal process
 Lump sum = General contractor provides quote. Includes all
work. Separate bid pricing = several contractors bid on different
phases; i.e. structural, electrical, HVAC
 Alternates; Bid separately from initial bid. Can be added if funds
available
 Bonds; Percentage of project cost, all bidders provide.
Returned to selected bidder once work complete
Chapter 7
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Bid process example:
Public announcement
↓↓
Bid submission deadline
↓↓
Formal bid opening
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Review of bids
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Award
Chapter 7
Contract Arrangements
“You need more than a handshake!”
1.
Value Engineering; Comparison of
specifications & costs. Negotiate to solve
problems
2.
Insurance; Worker’s compensation,
property, casualty loss
3.
Financing; Pay for the work/materials
4.
Cost control; Incentives
5.
Signing; Once signed, price locked in
Chapter 7 Complete
FUNDING OPTIONS (Usually a combination)
1.
Mandatory Fees; i.e. Memberships
2.
Tax Levy; Public sector. Taxes.
3.
User fees; Charge for service
4.
Bond Issue; Public sector. Tax exempt bonds (principle +
interest) sold to general public
5.
Revenue Bond; Public sector. Revenue raised repays the
loan.
6.
Donations/Contributions
7.
In-Kind Donations; Labor/materials donated
8.
Grants; Public sector.
9.
Sponsorships; EXAMPLES????
http://www.vucommodores.com/ot/multipurposefacility.html
Chapter 8 “Constructing Recreation
Facilities”
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Green Stadium
Celebration time!! Break that ground, build that facility.
“Turn paper into brick”
CONSTRUCTION DOCUMENTS
Architect completes adjustments. Critical to have in good order.
1.
Final Blueprints; Details the project. Contractors must follow to ensure
safety & to avoid mistakes.
2.
SpecBook: More detail. Codes, standards.
3.
Shop drawings: Interpret blueprints & spec book. Focus on specialized
designs
4.
Change Orders: Problems should be expected. Written design order to
make approved change.
5.
Project Schedule: All aspects listed, estimated completion.
Chapter 8
CONSTRUCTION MANAGEMENT
•Oversee entire project.
•Expertise & experience
•Formal written agreement w/owner
•Progress Meetings
•Coordination: Avoid conflicts, keep it on schedule
•Project Schedule
•QUALITY CONTROL; Inspect work of all
contractors. Ensure design becomes reality
•Legal Requirements; Ensure codes are followed
•Inspections; Will arrange. Outside agencies,
examine electrical, structural, plumbing
•Changes; CM, architect review, owner for approval
•Site safety/security: Critical. EXAMPLES????
•Visits: Hard hats, sign-in, supervise
•http://www.sportvenueconstruction.com/act-globalsports/
Chapter 8 Complete
FINAL STAGES “Before the doors open”
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Training; Technical equipment, HVAC, security, av
Maintenance Manuals; “A dull read, but necessary”
Finishing Stage; Painting, lights, floor coverings, furniture,
equipment
“Keymaster”; New & old. EXAMPLES????
Signage; Safety, direction
Punch List; List at the end of project detailing what needs to
be completed. “Walk about”
Furniture/Equipment; Very detailed. Owner pays portion.
Acceptance/Occupancy; Move in prior to completed punch list
acceptable. “Certificate of Occupancy” “RIBBON CUTTING”