Okaloosa County BOCC — September 16, 2014 — Action Item Printout

BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: September 16, 2014 TO: Honorable Chairman and Members of the Board FROM: Don Turner SUBJECT: New OC Admin Building GMP DEPARTMENT: Facility Maintenance BCC DISTRICT: 2 STATEMENT OF ISSUE: (FM) Requests BCC approval of the proposed Guaranteed Maximum Price (GMP) for the New Okaloosa County Administration Building in Shalimar. BACKGROUND: The need to push the new Okaloosa County Administration Building ahead of a final Guaranteed Maximum Price (GMP) for the project being approved by the BCC was being driven by the expiration of the current leases at Uptown Station. Both of those leases expire on September 30, 2015. Representatives of the Design-Build team have now completed the GMP for the new building. The GMP for the new building is $11,093,394 with the total project costs being estimated at $12,300,000. The GMP represents the cost of constructing the new building. Pre-construction costs, demolition, asbestos abatement, and so forth aren't typically included in the GMP. Current market conditions are driving prices up. Thankfully, the economy isn't in the deep recession that it was in a few years ago. As construction activity in the market picks up, contractors are busier and less eager to discount their prices. As nearly half of the project components have already been bid out into the market, the prices received reflect more robust construction activity in the area and around the country. Staff recommends approval of the proposed GMP in the amount of $11,093,394 for the construction of the new Okaloosa County Administration Building. RECOMMENDATIONS: (FM) Requests BCC approval of the proposed Guaranteed Maximum Price (GMP) in the amount of $11,093,394 for the construction of the new Okaloosa County Administration Building in Shalimar. RECOMMENDED BY: APPROVED BY: Ernie Padgett, County Administrator