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TASK 4: PROJECT COSTS
<br /> a. Costs of architecture and TASK 04
<br /> construction are necessary to
<br /> repurpose existing industrial
<br /> building to Class B commercial
<br /> space for innovation and
<br /> technology commercialization. 2025 ESCALATED COST 2025 COST
<br /> b. Costs of architecture and DIVISION ITEM 2018 BID % PREVAILING WAGE
<br /> construction are necessary to
<br /> repurpose existing industrial Bon Soft Costs (OH&P, Insurance, $1,134,596.00 $ 1,645,164.20 $ 1,891,938.83
<br /> buildings to business incubation Bonding, B&0 tax
<br /> and meeting spaces. Existing Conditions (demo and $ 237,190.00 $ 343,925.50 $ 395,514.33
<br /> abatement
<br /> A design for the Old Heat Welcome Earthwork $ 156,895.00 $ 227,497.75 $ 261,622.41
<br /> Center with engineering was Exterior Improvements $ 126,332.00 $ 183,181.40 $ 210,658.61
<br /> performed in 2016 to be bid in three Concrete $ 261,604.00 $ 379,325.80 $436,224.67
<br /> phases. The table below shows the
<br /> history of the project and an updated Masonry $ 242,348.00 $ 351,404.60 $404,115.29
<br /> construction cost for what would have Metals $645,514.00 $ 935,995.30 $ 1,076,394.60
<br /> been phase 3 of the project.The Wood and Plastic $ 74,603.00 $ 108,174.35 $ 124,400.50
<br /> design created for the Welcome Center
<br /> and Community Education Center Thermal and Moisture Protection $ 230,053.00 $ 333,576.85 $ 383,613.38
<br /> serves as a good platform to build on Doors and Windows $ 392,907.00 $ 569,715.15 $ 655,172.42
<br /> for the current project being explored. Finishes $658,582.00 $954,943.90 $ 1,098,185.49
<br /> Variations to tenant improvements will Specialties $ 56,385.00 $ 81,758.25 $ 94,021.99
<br /> be made to meet the specific needs Conveyance $ 199,500.00 $ 289,275.00 $ 332,666.25
<br /> of the new use in the future as those Fire Protection $ 82,050.00 $ 118,972.50 $ 136,818.38
<br /> are developed.The capital cost of the plumbing and Mechanical $ 687,727.00 $997,204.15 $ 1,146,784.77
<br /> project should be in the range of the
<br /> estimates that have been brought up to Electrical $ 694,297.00 $ 1,006,730.65 $ 1,157,740.25
<br /> 2025 construction costs. Design Contingency $ 179,666.00 $ 260,515.70 $ 299,593.06
<br /> TOTALS : : i ii
<br /> Table 1:Costs
<br /> 22 1 Old Heat CERB Feasibility Study
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