DESIGN DEVELOPMENT BUDGET REVIEW

2 August 2012

RIDGELAND COMMON PARK DISTRICT OF OAK PARK Ridgeland Common

Altamanu, Inc.
landscape architecture

Stantec
aquatics & ice consultants

BUDGET SUMMARY Ridgeland Common Renovation Base Budget $23,260,000 in bond funds

Synthetic Turf Alternate

$3,700,000 in cash reserves from the Capital Improvement Plan (CIP)

Ridgeland Common

BUDGET SUMMARY

CONCEPT DESIGN
52,000 g.s.f. October 2011

SCHEMATIC DESIGN
54,600 g.s.f. April 2012

DESIGN DEVELOPMENT
54,600 g.s.f. August 2012

Base Construction Estimate General Conditions OH&P Escalation Contingency Design Contingency LEED Contingency Potential Cost Increases Accepted Value Engineering Probable Construction Costs Probable Other Costs Owners Contingency Total Project Costs

$ 13,493,100 1,349,300 667,900 2,326,500 267,600

$ 15,283,000 1,528,300 714,500 1,577,300

$ 15,415,400 1,541,500 551,100 875,400

64,400 (1,190,100) $ 18,104,400 3,462,500 1,693,100 $ 23,260,000 $ 17,977,400 3,603,200 1,679,000 $ 23,259,600

47,000 (511,700) $ 17,918,700 3,642,200 1,640,000 $ 23,200,900

Ridgeland Common

ALTERNATES

1Add Play Field Improvements 2Add Palletized Sports Court Flooring 3Add Beam & Purlin Refinishing 4Wood Pool Deck in lieu of Lawn 5Panel Screen Wall in lieu of Chain Link 6New Dog Park Fencing 7Add Exterior Bench Seating 8Add Flooring Improvements 9Add Dugout Shading 10Deduct Sports Field Lighting

$ 1,908,500 (Design Development estimate about

$446,000 less than Schematic Des.)

253,600 108,700 96,100 49,500 37,900 (Included in Add Playfield Improvements

alternate)

21,000 15,700 8,600 (508,300) (Cannot be taken together with Add

Playfield Improvements alternate)

Ridgeland Common

POTENTIAL COSTS

Plumbing and electrical Site and pool Total Potential Cost Increases

$ 17,700 29,400 $ 47,100

Ridgeland Common

ACCEPTED VALUE ENGINEERING

Exterior Construction Interior Construction Pool Improvements Site Improvements Total Accepted Value Engineering

($ 12,100) (231,800) (Beam refinishing included as Alternate) (101,300) (Strip and refinish poolstaff to execute) (166,500) (All included as add-Alternates) (511,700)

Ridgeland Common

PROCUREMENT SCHEDULE 2012 September Prepare Contractor RFQ October Advertise and Distribute Contractor RFQ November Receive Proposals, Interviews and Shortlist December Complete and Issue Bid Documents 2013 January Receive and Review Bids January 31 Issue Recommendation to PDOP Staff February Board Approvals March Construction Commencement

Ridgeland Common

Ridgeland Common

Ridgeland Common