Revise the lump sum schedule of values (as shown in the far-right column of Figure 24.3) by front-end loading all the fee and general conditions and other markups to the areas of self-performed general contractor work. This is exclusive of Exercise 1.

Figure 24.3

Data from exercise 1

Assume the following buyout values for the case study project. Begin with the final bid estimate developed in Chapter 20 and develop a buyout log similar to Figure 24.2. You will have to look at examples presented earlier in the book and make a few derivations and assumptions to complete this exercise.

Figure 24.2

Transcribed Image Text:

Project: Carpenters Training Center CSI Division 1 2345 6 7 8 9 10 11 12 13 14 15 21 22 23 26 31 Columns: Description Jobsite General Conditions Demolition Concrete Masonry Structural & Misc. Metals 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: City Construction Company Schedule of Values Original Estimate see below 343,600 816,170 26,755 175,600 6,325 0 515,058 27,300 418,456 -10,000 178,351 432.200 85,000 0 2 325,000 166,200 455,200 862,400 857,400 5,691,015 Buyout Adjust 0 7.500 -7,950 13,900 -32,400 -28,950 3 GMP SOV Adjusted Estimate 0 515,058 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 % 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 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