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  2. Finance Committee - Agenda - 8/5/2020 - P91

Finance Committee - Agenda - 8/5/2020 - P91

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
91
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080520…

Mr, William Keating
. COR review
Vi9120

The table below summarizes the total value of the work, which will be assessed value of the work
performed at fair market conditions with no deducts or mark-down %.

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
$5,171.40 $4,140 (includes 15% on MC Work $5,171
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (>100k)
*Market Value Assessment-$3,643 to $5,465 (+/- 20%)
Work Value | Deduct Assessment | Mark down by 0% as Total Direct Value
Assessment noted above Assessment
$5,171 ($0) $0 $5,171

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 ihe 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 3 0 0
Conclusion

Waldron has reviewed all the available information, and has taken into consideration the factors
surrounding the issues in question,

Waldron recommends approving $5,171 of the claim as noted above 0 days of schedule relief.

If you have any questions on the above, please don’t hesitate to contact me at 603-772-7153 x
105 or jsmith@waldron.com

Sincerely
Waldron Engineering é& Construction, Inc.

Jeremy P. Sinith, PE.
Jeremy Sunith, P.E.

Page Image
Finance Committee - Agenda - 8/5/2020 - P91

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