Mr. William Keating
COR review
7/920
' 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 scepe
$13,452.26 $7,920 (includes 15% on MC Work $10,454
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k}
5% on Subs (> 100k)
*Market Value Assessment-$6,970 to $10,454 (+/- 20%)
Work Value | Deduct Assessment i Mark down by 0% as Total Direct Value
Assessment noted above Assessment
510,454 (30) $0 $10,454
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 2 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 $10,454 of the claim as noted above Q 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.
” Jercmy P. Saith, PE.
Jeremy Smith, P.£.
