Mr. William Keating
COR review
6/26/20
The table below summarizes the total value of the work, which will be assed value of the work
performed less the assed value of the deduct.
The claimed cost of work (take the lower of the higher estimate or the claim)
Claimed Cost | Fair Market Value | Allowable Mark-up** | Work Value Assessment
of Work of Work scope
$13,133 $9,747 (includes 15% on MC Work $13,133
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (>100k)
*Market Value Assessment-$9,633 to $14,450 (+/- 20%)
The claimed cost of the deduct (take the higher of the lower estimate or the claim)
Claimed Cost | Fair Market Value | Aliowable Mark-up** Deduct Value
of Deduct of Work scope Assessment
$5,012 $8,850 (includes 15% on MC Work $7,788
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (> 100k)
*Market Value Assessment=$7,788 to $11,682 (+/- 20%)
Total value assessed tis assed work less assed deduct plus allowance for fees
Work Value | Deduct Assessment Aggregated fees and | Total Value Assessment
Assessment bonding
513,133 ($7,788) $1,307 $6,652
Detailed Review-Schedule
Methuen made a claim for schedule adjustment but has not provided a CPM (critical path
method) schedule showing how this item moved onto the critical path. Their schedule claim is
therefore evaluated at 0 days. Therefore we recommend 0 days be awarded.
Original Schedule Schedule Direct Schedule Schedule Claim
Adjustment claim Impact Assessment Recommended
None 10 0 0
