Mr. William Keating
COR review
W920
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 seepe
$2,743.06 $2,500 (includes 15% on MC Work $2,743
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (>100k)
*Market Value Assessment-$2,200 to $3,300 (+/- 20%)
Work Value | Deduct Assessment | Mark down by 6% as Total Direct Value
Assessment noted above Assessment
52,743 ($0) $0 $2,743
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
Conclusion
Waldron has reviewed all the available information, and has taken into consideration the factors
surrounding the issues in question.
Waldron recommends approving $2,743 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 & Construction, Inc.
Jereuy P. Sinith, PE,
Jeremy Smith, PE.
