The table below summarizes the total value of the work.
Claimed Cost | Fair Market Value | AHowable Mark-up** | Total Value Assessment
of Work of Work scope
$3,372.53 $2,900 (includes 15% on MC Work $2,552.00 to $3,828.00
materials & 10% on Subs (<$50k)
equipment}* 7-1/2% on Subs ($50-
100k)
5% on Subs (>100k)
*Market Value Assessment=$2,320 to $3,480 (+/- 20%)
** This review assumes all labor performed by subcontractors. See below.
Detailed Review-Superintendent Labor Hours
The General Contractor did not claim any superintendent labor hours.
Detailed Review-General Contractor Markup
The General Contractor is perrnitted to mark-up his subcontractor’s work in accordance with the
contract general conditions section 17.3. The schedule of permitted mark-up is shown in the
summary table above. Additionally, Methuen may not markup their subcontractor’s markup. In
this PCO, Methuen applied markup correctly, we take no exception.
Detailed Review-Schedule
Methuen did not make a claim for schedule adjustment and as such no review was conducted.
Original Schedule Schedule Direct Schedule Schedule Claim
Adjustment claim Impact Assessment Recommended
None n/a wa 0
Conclusion
Waldron has reviewed all the available information, and has taken into consideration the factors
surrounding the issues in question.
Waldron recommends approving $3,372.53 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
148 or egustenhoven@waldron.com
Sincerely
Waldron Engineering & Construction, Inc.
Erich L Gustenhoven, P.E.
