Document Date
Meeting Description
Document Type
Meeting Date
Page Number
33
Contingencies
¢ Part of the proposed bond includes contingencies for two areas:
1. Owner/Architect Contingency — This is to cover unseen or
unknown conditions uncovered during the course of construction, and
the addition of scope items requested by the JSSBC. 10% of the
construction budget was set aside for this.
2. Site Upgrades Identified By Traffic Consultant — After the
consultant conducts their observations of current conditions and
makes recommendations for improvements, the JSSBC will decide on
which (if any) of the improvements to implement. 5% of the
construction budget was set aside for this.
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