Finance Committee - Agenda - 8/5/2020 - P73
Mr. William Keating
COR review
6/26/20
The table below summarizes the total value of the work, which will be assed value of the work
performed less the assed value of the deduct.
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 scope
$13,133 $9,747 (includes 15% on MC Work $13,133
materials & 10% on Subs (<$50k)
equipment)* 7-1/2% on Subs ($50-
100k)
5% on Subs (>100k)