Transcript BOAC Workshop - 9-15-09

Management Report on
Bradley West Project
BOAC Meeting
October 5, 2009
1
AGENDA
• Upcoming Decisions
- Bradley West Gates
- Bradley West Core
• How CMAR Works
• Program Budget Overview
• Board Action - October 19, 2009
2
UPCOMING DECISIONS
► Gates
Exercise Bradley West Gates Project Construction Option
• Approve the contract amendment with an upper limit of $545.5M
• Approve a Budgeted Owner’s Contingency of $61.4M
• Delegate Signature Authority for Change Orders
• Appropriate Capital Funds in an amount of $14.7M
3
UPCOMING DECISIONS
► Core
Award Core Construction Manager at Risk (CMAR) Contract
and Authorize Preconstruction Services
• Award contract with upper limit of $584.2M
• Approve a Budgeted Owner’s Contingency of $66.7M
• Appropriate Capital Funds in an amount of $25.1M
• Delegate Signature Authority for Change Orders
4
HOW CMAR WORKS
• LAWA provides CMAR with work packages
• CMAR commits to complete each package
for a Component Guaranteed Maximum Price
(CGMP)
• Each CGMP will be presented to BOAC for
approval and appropriation of funds
• CMAR must competitively bid 90% of Scope
of Work from minimum of 3 bidders
• CMAR cannot perform more than 10% of
Scope of Work
• Each CGMP will be additive resulting in an
“aggregate” Guaranteed Maximum Price for all
Scope of Work appropriated to date within the
contract amount of $545.5M
$545.5M
North and South Concourse
Demolition
West Apron Work
Passenger Boarding Bridges
Interior Architecture and Finishes
Exterior Skin and Systems
Foundations/Steel/Utilities
Site Enabling
Core Emergency Egress
Bus Gates and TPAR Equipment
Procurement
Preconstruction
Bradley West Gates CGMPs
5
PROGRAM BUDGET OVERVIEW
Total Program Cost Summary Report
PROGRAM BUDGET
(dollars in millions)
Budget
Committed to Date
Paid To Date
989.39
989.39
143.50
160.32
27.22
37.86
Estimate at
Completion
989.39
1,481.76
1,481.76
69.80
75.85
26.31
40.50
1,481.76
558.00
558.00
13.00
21.44
9.64
12.95
558.00
Program Subtotal
Owner's Reserve
3,029.15
3,029.15
226.30
257.61
63.17
91.32
3,029.15
302.92
302.92
Program Total
3,332.07
3,332.07
Prev. Report
Airside Element
Bradley West Element
Utilities and Infrastructure Element
Current Report Prev. Report
Current Report
Prev Report
Current Report
Note
302.92 10% of Element Budgets
226.30
257.61
63.17
91.32
3,332.07
6
PROGRAM BUDGET OVERVIEW
Bradley West Element
ELEMENT BUDGET
Budget
Prev. Report
Bradley West Element
Bradley West Gates
Bradley West Core
Traffic Mitigation
Subtotal: Bradley West
(dollars in millions)
Committed To Date
Current Report
Prev. Report Current Report
Estimate At
Completion
Note
691.66
691.66
48.74
48.74
691.66 Apron and Demolition work are in the
Airside Element.
786.50
786.50
27.11
27.11
786.50
3.60
3.60
0.00
0.00
3.60
1,481.76
1,481.76
75.85
75.85
1,481.76
2) The CUP hard cost estimates are based upon the TMAD Study (Oct-2007) and escalated to mid-2008 basis.
7
PROGRAM BUDGET OVERVIEW
Bradley West Gates
PROJECT BUDGET
(dollars in millions)
Bradley West Gates
ITEM No.
ITEM/DESCRIPTION
AMOUNT
1.
Construction
2.
Program Management
20.13
3.
Design
52.40
4.
Construction Support
28.65
5.
LAWA / City Support
34.10
501.40
SUBTOTAL BUDGET
Contingency
636.68
54.98
TOTAL PROJECT BUDGET
691.66
8
BOARD ACTION – OCTOBER 19, 2009
Bradley West Gates Project Construction Option
• Approve the contract amendment with an upper limit of $545.5M
• Existing Concourse Demolition/West Aprons $42.9M
• Bradley West Gates
$501.4M
• Temporary Power and Relocation (TPAR)
$1.25M
$545.5M
• Approve a Budgeted Owner’s Contingency of $61.4M
• Appropriate Capital Funds in an amount of $14.7M
• LAWA Support
$6.0M
• City Services
$8.7M
$14.7M
9
BOARD ACTION – OCTOBER 19, 2009
Bradley West Gates Project Construction Option
(dollars in millions)
Budget
Committed to Date
Paid To Date
989.39
989.39
143.50
160.32
27.22
37.86
Estimate at
Completion
989.39
1,481.76
1,481.76
69.80
75.85
26.31
40.50
1,481.76
558.00
558.00
13.00
21.44
9.64
12.95
558.00
Program Subtotal
Owner's Reserve
3,029.15
3,029.15
226.30
257.61
63.17
91.32
3,029.15
302.92
302.92
Program Total
3,332.07
3,332.07
Prev. Report
Airside Element
Bradley West Element
Utilities and Infrastructure Element
Current Report Prev. Report
Current Report
Prev Report
Current Report
Note
302.92 10% of Element Budgets
226.30
257.61
63.17
91.32
3,332.07
Bradley West Gates
1. Airside Element – Concourse Demolition / West Aprons
2. Bradley West – Concourses
42.90
501.40
3. Utilities & Infrastructure – TPAR
1.25
Total Cost
545.55
10
BOARD ACTION – OCTOBER 19, 2009
Award Core Construction Manager at Risk (CMAR) Contract and
Authorize Preconstruction Services
Selection Process Results
• Received seven proposals
• Interviewed all seven firms
• Walsh Austin Joint Venture Proposed Lowest Ultimate Cost
Process
• Administrative Requirements
• Technical Requirements (Quality Points)
• Interview (Quality Points)
• Fee
• Fee x Budget / Total Quality Points = Ultimate Cost
11
BOARD ACTION – OCTOBER 19, 2009
Bradley West Core Improvements
• Award contract with upper limit of $584.2M
• West Apron
$2.2M
• Core
$569.0M
• Temporary Power and Relocation $13.0M
$584.2M
• Approve a Budgeted Owner’s Contingency of $66.7M
• Appropriate Capital Funds in an amount of $25.1M
• Pre-Construction Services
$6.0M
• Public Art Allowance
$5.4M
• LAWA Support
$6.2M
• City Services
$7.5M
$25.1M
12
BOARD ACTION – OCTOBER 19, 2009
Bradley West Core Improvements
(dollars in millions)
Budget
Committed to Date
Paid To Date
989.39
989.39
143.50
160.32
27.22
37.86
Estimate at
Completion
989.39
1,481.76
1,481.76
69.80
75.85
26.31
40.50
1,481.76
558.00
558.00
13.00
21.44
9.64
12.95
558.00
Program Subtotal
Owner's Reserve
3,029.15
3,029.15
226.30
257.61
63.17
91.32
3,029.15
302.92
302.92
Program Total
3,332.07
3,332.07
Prev. Report
Airside Element
Bradley West Element
Utilities and Infrastructure Element
Current Report Prev. Report
Current Report
Prev Report
Current Report
Note
302.92 10% of Element Budgets
226.30
257.61
63.17
91.32
3,332.07
Bradley West Core Improvements
1. Airside – Apron Strip
2.20
2. Bradley West – Core
569.00
3. Utilities & Infrastructure – TPAR
13.00
Total Cost
13
584.20
BOARD ACTION – OCTOBER 19, 2009
Signature Authority
• Exercise authority pursuant to Charter Section 376
• Authorize Executive Director to execute change orders up to $1M
• Limit accumulative amount of change orders to no more than 10% of the
BOAC approved aggregate guaranteed maximum price
• Report monthly to BOAC on all change orders executed throughout the
term of the contract
14