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HomeMy WebLinkAbout22- Guaranteed Maximum Price Amendment - Library Renovation ProjectGUARANTEED MAXIMUM PRICE AMENDMENT (GMP) NO. 2 TO AGREEMENT BETWEEN OWNER AND CONSTRUCTION MANAGER Pursuant to Article 4.5 of the Preconstruction Services Conditions Agreement between Owner and Construction Manager this amendment dated the 13th day of September, 2022, between City of Bozeman (“Owner”) and Martel Construction, Inc. (“Contractor”) for the Bozeman Public Library, hereby establishes a Guaranteed Maximum Price and Contract Time for the portion of the Project as set forth below: GUARANTEED MAXIMUM PRICE FOR BOZEMAN PUBLIC LIBRARY The Construction Manager’s Guaranteed Maximum Price (GMP) for the Work, including the Cost of the Work and the Construction Manager’s Fee is as follows: Base Bid General Requirements $230,098.00 Existing Conditions $46,800.00 Concrete $11,044.00 Masonry $18,500.00 Steel $46,721.00 Wood & Plastics $553,636.00 Thermal & Moisture Protection $47,252.00 Doors & Windows $423,521.00 Finishes $626,222.00 Specialties $2,202.00 Equipment $28,033.00 Furnishings $57,811.00 Fire Suppression $41,558.00 Plumbing $65,329.00 HVAC $110,350.00 Electrical $922,617.00 Electrical Allowance $16,904.00 Communications $38,426.00 Site Improvements $3,034.00 Site Specific Requirements $152,990.00 Audio/Visual $226,898.00 Base Bid Subtotal $3,669,946 General Liability Insurance $33,648.00 Gross Receipts Tax $3,620.00 Builders Risk $13,610.00 Bond $25,708.00 DocuSign Envelope ID: 8AA7F2DE-5B09-441E-90B9-397841FC4FED Construction Fee $175,137.00 Construction Contingency $102,784.00 Base Bid Total $354,507.00 Pre-Construction Services Total $21,560.00 TOTAL GUARANTEED MAXIMUM PRICE $4,046,013.00 CONTRACT TIME The date of Substantial Completion for the Work outlined above is: 12 months from Notice to Proceed OWNER: CONTRACTOR: City of Bozeman Martel Construction, Inc. 121 N. Rouse Ave. 1203 S. Church Ave. Bozeman, MT 59715 Bozeman, MT 59715 By:__________________________ By: __________________________ Jeff Mihelich, City Manager Travis Kabalin, Vice President DocuSign Envelope ID: 8AA7F2DE-5B09-441E-90B9-397841FC4FED