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HomeMy WebLinkAboutPier Fire Incident Update 4.22.19 1 City Council Meeting April 22, 2019 2 Construction Update Financial Update 3 4 5 6 7 8 9 10 11 12 an expense item that is not considered direct construction Sum.Contractor reflecting a defined breakdown of the Contract by both design engineers (AKM and Moffatt & Nicholand Inspection (Project, the "soft costs" include construction management postfinancing, inspection, management, and other precost. Soft costs typically include architectural, engineering, -construction expenses.Simplus) and construction support services For the Pier Improvements -and ). Soft Cost is a construction industry term used to account for full, accurate, and detailed statement furnished by the ◦Soft Costs ◦Schedule of Values Quick Definitions 13 $3,941,942.15$4,312,611.22Change Orders Executed and Per Bid Contract Construction $1,147,005.59$(154,377.97)$(570,005.59)Proposed Additional Simplus Per Bid Contract Soft CostsFunding Source BUDGETS $ 2,536,480.56 $398,345.44ESTIMATED CONTRACT $(40,381.11)$420,927.79$577,000.00$676,000.00$103,300.00$124,147.63$7,124,788.15$7,957,838.94$2,403,546.00$2,374,074.50$(280,836.27)$(507, 004.98)$63,770.00$62,931.60$43,017.54$54,168.48$318,758.00$685,129.06$110,000.00$254,988.00$189,597.60Various Unit Bid Item $7,060.26$7,060.26$32,947.88COSTS TO DATEEstimated to DateREMAINING BudgetIncreasesN/A CostsCosts General FundInsuranceTotal CostBudgetBudgetSewer Water Cost Description 14 Department of Public Works(562) 431dspitz@sealbeachca.govSeal Associate 211 Beach, CA 90740Eighth Street-2527 ext. 1331Engineer David Spitz, P.E., QSD