HomeMy WebLinkAbout22- Guaranteed Maximum Price Amendment Three - Martel Construction - Public Library Renovation ProjectGUARANTEED MAXIMUM PRICE AMENDMENT (GMP) NO. 3
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 6th day of December 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 $230,789.00
Existing Conditions $46,800.00
Concrete $11,044.00
Masonry $18,500.00
Steel $50,401.00
Wood & Plastics $553,636.00
Thermal & Moisture Protection $47,252.00
Doors & Windows $358,721.00
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 $3,609,517.00
General Liability Insurance $33,102.00
Gross Receipts Tax $3,620.00
Builders Risk $13,389.00
Bond $25,291.00
DocuSign Envelope ID: B0297D5C-F880-45F0-AAE9-DC6849B909F2
Construction Fee $175,137.00
Construction Contingency $102,784.00
Base Bid Total $353,323.00
Pre-Construction Services Total $21,560.00
TOTAL GUARANTEED MAXIMUM PRICE $3,984,400.00
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: B0297D5C-F880-45F0-AAE9-DC6849B909F2