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  2. Finance Committee - Agenda - 8/5/2020 - P109

Finance Committee - Agenda - 8/5/2020 - P109

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
109
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080520…

Mr. William Keating
COR review
6126/20

1-Oas Deleclor

Datnaged by coring | Nu (Foreseeable/Trade cour.) | $5,191

Wiring worl

2-Plant Phone Wiring | Damaged by sawing | No (Foresceable/Trade coor.) | $2,911
work

3-New Boiler Room | Added work Yes (Legitimate Add) $736

Cir. Pumps

4-Thermostat Wiring | Damaged by sawing No (Foreseeable/Trade coor.) | $1,038
work

5-Receptacle Wiring | Damaged by sawing | No (Foreseeable/Txade coor.) | $2,696
work

6-Ext. Light Wiring | Damaged by Wall No (Foreseeable/Trade coor.) | $4,583
demo

Therefore, of the list of Work items #1-6 above, only #3 appears to be an extra item

As such, work item #3 will be evaluated for total market value

Only Work Stem #3 (take the higher assessed value or the claim, whichever is lower)

Claimed Cost | Fair Market Value | Allowable Mark-up** | Work Value Assessment
of Work of Work scope
$736 $684 (includes 18% on MC Work $736
materials && 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (+100k}
*Market Value Assessment-3602 to $903 (4/- 20%)

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 Sehedule Direct Schedule Schedule Claim
Adjustment claim Impact Assessment Recommended
None 14 0 0

Page Image
Finance Committee - Agenda - 8/5/2020 - P109

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