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  2. Finance Committee - Agenda - 8/5/2020 - P79

Finance Committee - Agenda - 8/5/2020 - P79

By dnadmin on Mon, 11/07/2022 - 13:27
Document Date
Fri, 07/31/2020 - 13:23
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 08/05/2020 - 00:00
Page Number
79
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080520…

Mr. William Keating
COR review
. 626/20

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 cast 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
$5,649 $3,200 (includes 15% on MC Work $4,244
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (> 100k)

*Market Value Assessment-$2,816 to $4,244 (4/- 20%)

The claimed cost of the deduct (take the higher of the lower estimate or the claim)

Claimed Cost | Fair Market Value | Allowable Mark-np** Deduct Value
of Deduct of Work scope Assessment
$0 31,600 (includes 15% on MC Work $1,280
materiais & 10% on Subs (<$50k}
equipment)* 7-1/2% on Subs ($50-
1001c)
5% on Subs (> 100k}

*Market Value Assessment=$1,280 to 1,920 4/- 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
$4,244 ($1,280) $732 $3,696

Detailed Review-Schedule

Methuen made a claim for schedule adjustment but has not provided a CPM (critical path
inethod) 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.

Schedule Direct Schedule Schedule Claim
Adjustment claim Impact Assessment Recommended

Original Schedule

None 5 0 0

Page Image
Finance Committee - Agenda - 8/5/2020 - P79

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