Mr. William Keating
COR review
79/20
. The table below summarizes the total value of the work, which will be assessed value of the work
periormed 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 Wark scope
$7,707.75 $5,775 (includes 15% on MC Work 37,623
materials & 10% on Subs (<$50k)
equipment)* 7-U2% on. Subs ($50-
100k)
5% on Subs (>100k)
*Market Value Assessment-$5,082 to $7,623 (+/- 20%)
Work Value | Deduct Assessment | Mark down by 0% as Total Direct Value
Assessment nofed above Assessment
$7,623 ($0) 50 $7,623
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 37,623 of the claim as noted above 6 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.
Jeremy P, Sinith, PE.
Jeremy Smith, P.E.
