Loading...
LTC 448-2019 Miami Beach Convention Center Construction Project Update No. 32MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive , M iam i Beach, Florida 33139, www.miamibeachfl.gov OFFICE OF THE CITY MANAGER LTC# 448-2019 LETIER TO COMMISSION TO : Mayor Dan Gelbe r and Members oft FROM : Jimmy L. Morales , City Manager DATE : August 9, 2019 SUBJECT : Miami Beach Convention Center Construction Project Update No. 32 The purpose of this LTC is to update the Mayor and City Commission on the Miami Beach Convention Center (MBCC) Renovation and Expansion Project. The financial information provided is through April 30, 2019. Project Dashboard is attached as Exhibit A and corresponding Budget Summary Breakdown is attached as Exhibit B. SCHEDULE UPDATE & PROJECT MILESTONES Construction of the project commenced in December 2015 and is 99.5% complete through May 31, 2019. The P-lot Park and the Carl Fisher Clubhouse are both scheduled for completion in 2019 by separate contractors . SEPARATE PROJECTS (By Other Contractors being Managed by CIP) P-Lot Park (Pride Park) The Park project has been under construction since April and remains on schedule for completion for October 2019. Carl Fisher Clubhouse Historic Restoration (Clubhouse) The Carl Fisher Clubhouse has been under construction since December 2018 and remains on schedule for completion for October 2019 . FINANCIAL UPDATE TO April 30, 2019 The project is currently on budget. The usual project dashboard with updated financial information is attached as Exhibit A A corresponding Budget Summary Breakdown is attached as Exhibit B. Narrative updates are as follows : CONSTRUCTION DRAW Taking into account direct purchases and payments for the construction, including retainage , a total of $529.4 million , or 95.5%, of the total updated GMP amount of $554 million has been paid through April 30, 2019. For a detailed breakdown , refer to Exhibit B (GMP + Direct Purchases Line Item). Financial Protection (Current Retainage and Liquidated Damages) As of April 30 1h , the City is holding $16.9 million in retainage from amounts due to Clark to assure that it can secure the correction of any defective or non-conforming work and complete punch list items currently being documented until final completion of the project. In addition, a total of $3.3 million in liquidated damages have been withheld from Clark as of August 24 , 2018 . Miami Beach Convention Center Monthly Construction Project Update No. 32 August 9, 2019 Page 2 of3 Notice of Default and Opportunity to Cure On July 9, 2019, the City issued a Notice of Default and Opportunity to Cure to Clark. On July 12th, Clark and the City met to discuss possible cure paths, the Project schedule, and outstanding work remaining at the Project. On July 19th, the City proposed a cure plan that itemized the scope of work required to cure and outlined a completion schedule for the Project to achieve a temporary certificate of occupancy (TCO) by September 15th, substantial completion by November 15th, and final completion by January 17, 2020. The cure plan also contemplates a payment schedule tied to the cure path schedule and completion milestones. On July 22, 2019, Clark agreed to the City's cure plan and commenced work on July 24th in accordance with the plan. The City and its consultants are currently monitoring the progress of the work performed by Clark on a daily basis and holding Clark to its commitments pursuant to the agreed upon cure plan and the terms of the CMaR agreement. Construction Manager's (CM) Contingency The CM has utilized 100% of the CM contingency. Direct Purchase The City continues its direct purchase of materials for the project originally budgeted at a sales tax savings of approximately $6 million. Through April 30th, the City has directly purchased $63.9 million in materials resulting in sales tax savings of $4.67 million. The tax savings shortfall of $1.3 million has been funded out of Owner's contingency. OWNER COSTS A total of $63.3 million, or 92%, of the owner cost budget has been expended to date. Art in Public Places (AIPP) The total of$5.5 million has been expended to date out of the $7.1 million budget. Below is a current update of all AiPP works: • Franz Akermann -Completed. • Ellen Harvey-Completed. • Jeep van Lieshout-Completed. • Joseph Kosuth -Completed. • Sarah Morris-Completed. Final site inspection scheduled for August 13th. • Elmgreen and Drag set-Installation in the Park scheduled for week of October 21, 2019. OWNER CONTINGENCY For a full detailed breakdown of all Owner costs and credits, refer to Exhibit 82. A total of $30.6 million of the available owner contingency of $35 million has been utilized. Reimbursement from Other CMB Funds A total amount of $11.9 million has been reimbursed to the project for expenses incurred due to event related operating costs, builder's risk claims, enhanced stormwater culvert expenses and other costs. OVERALL COSTS From an overall project perspective, including owner contingency, $580.8 million, or 94.4% has been spent on the current $615.4 million project. If there are any questions, please do not hesitate to contact myself or Maria Hernandez at Extension 2584. Miami Beach Convention Center Monthly Construction Project Update No. 32 August 9, 2019 Page 3 of3 Attachments: Exhibit A -Project Dashboard Exhibit B -Budget Summary Breakdown Exhibit B2 -Owner Contingency Log JLM I MH 2016 -2019 $0m $100m $200m $300m $400m $500m $600m Total Project Cost 94.38% Expended D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M $0m $50m $100m $150m $200m $250m $300m $350m $400m $450m $500m $550m Net GMP Draw 95.48% Expended $0m $5m $10m $15m $20m $25m $30m $35m $40m $45m $50m $55m $60m $65m Owner Costs 92% Expended $0m $5m $10m $15m $20m $25m $30m $35m $40m Owner Contingency $0m $5m $10m $15m $20m $25m $30m CM Contingency (Included in Net GMP) Total Project Notes: •94.38% of the total Project budget has been expended. Construction GMP Notes: •95.48% of the total GMP budget has been expended. •$0 of the CM contingency remains on the project. Owner Cost Notes: •$5.4M remains in the Owner’s Budget including $1.6M in FF&E and $1.6M for AiPP. •$4.M remains in the Owner’s Contingency. (not included in Owner Cost) EXHIBIT B Dashboard Summary Trade Costs $410,205,803 66.62%815,449 $411,021,252 66.79% Direct Purchase 0 0.00%-68,112,191 -68,112,191 -11.07% Storm Water Drainage Culvert 0 3,309,692 3,309,692 0.54% Recon 50,803,086 19 50,803,086 8.26% Change Orders 0 0.00%15,803,732 15,803,732 2.57% Subtotal 410,205,803 66.62%2,619,768 412,825,571 67.08%394,808,333 95.64%18,017,238 Contractor Soft Costs General Conditions (Clark Staffing)24,465,886 3.97%4,403,289 28,869,175 4.69%28,869,175 100.00%0 General Requirements 14,760,103 2.40%3,299,075 18,059,178 2.93%18,002,063 99.68%57,115 Payment & Performance Bond 3,708,000 0.60%87,625 3,795,625 0.62%3,794,630 99.97%995 GL Insurance 1,807,650 0.29%283,780 2,091,430 0.34%2,091,110 99.98%320 CMr Fees (3.8%)17,288,003 2.81%2,883,623 20,171,626 3.28%13,536,351 67.11%6,635,275 CCIP GL Wrap 0 0.00%4,740,576 6 4,740,576 0.77%4,740,576 100.00%0 CM Contingency 29,747,613 4.83%-29,747,613 7 0 0.00%0 0.00%0 Base GMP 501,983,058 81.53%-11,429,877 490,553,181 79.71%465,842,239 94.96%24,710,942 Other GMP Items (Including all mark ups) P-Lot Park (allowance)10,000,000 1.62%-10,000,000 12 0 0.00%0 0.00%0 Storm water Drainage Culvert 3,475,000 0.56%-3,475,000 0 0.00%0 0.00%0 Subtotal 13,475,000 2.19%-13,475,000 0 0.00%0 0.00%0 Total GMP (Clark)515,458,058 83.72%-24,904,877 490,553,181 79.71%465,842,239 94.96%24,710,942 Direct Purchase Tax Savings -6,000,000 -0.97%6,000,000 15 0 0.00%0 0.00%0 15 Total Net GMP 509,458,058 82.74%-18,904,877 490,553,181 79.71%465,842,239 94.96%24,710,942 Direct Purchases 0 0.00%63,926,486 63,926,486 10.39%63,587,155 99.47%339,331 GMP + Direct Purchases 509,458,058 82.74%45,021,609 554,479,667 90.10%529,429,394 95.48%25,050,273 Owner's Cost City Staffing & Expenses 1,561,000 0.25%1,248,650 4 2,809,650 0.46%2,549,140 90.73%260,510 Consultant Fees (SAG)1,047,725 0.17%160,000 1,207,725 0.20%1,181,272 97.81%26,453 Owner's Rep (Hill)5,585,673 0.91%1,876,175 7,461,848 1.21%7,313,472 98.01%148,376 Design Fees (Fentress)26,669,442 4.33%1,644,461 8 28,313,903 4.60%27,735,853 97.96%578,050 Owner's Cost Estimator (US Cost)400,030 0.06%609,219 5 1,009,249 0.16%1,009,249 100.00%0 Pre GMP CM Fee (Clark)2,594,073 0.42%-1,037,629 1,556,444 0.25%1,556,444 100.00%0 Testing & Inspections 2,328,943 0.38%831,520 3,160,463 0.51%2,648,701 83.81%511,762 Permit & Plan Reviews 2,400,000 0.39%846,181 11 3,246,181 0.53%3,190,313 98.28%55,868 Other 783,526 0.13%2,174,818 2 2,958,344 0.48%2,295,795 77.60%662,549 Other - Legal / DAP Board 63,515 0.01%277,727 9 341,242 0.06%341,242 100.00%0 Other - Spectra 0 0.00%291,950 10 291,950 0.05%291,950 100.00%0 Public Art (AIPP)6,900,000 1.12%220,422 1 7,120,422 1.16%5,499,482 77.24%1,620,940 1 MBCC FF&E 6,830,945 1.11%0 6,830,945 1.11%5,241,643 76.73%1,589,302 Insurance: OCIP GL Wrap 9,000,000 1.46%-9,000,000 3 0 0.00%0 0.00%0 Builder Risk/Building (net)1,600,000 0.26%242,737 1,842,737 0.30%1,842,737 100.00%1 0 Professional Liability Umbrella 1,000,000 0.16%-382,117 617,883 0.10%617,883 100.00%0 Carl Fisher Renovation Allowance 2,500,000 0.41%-2,500,000 13 0 0.00%0 0.00%0 Subtotal 71,264,872 11.57%-2,495,887 68,768,985 11.17%63,315,175 92.07%5,453,810 P-Lot Park (allowance)0 0.00%0 12 0 0.00%0 0.00%0 Escalator/Elevator/Kitchen Upgrades 0 0.00%0 17 0 0.00%0 0.00%0 Reimbursement from other CMB Funds 0 0.00%-11,911,009 16 -11,911,009 -1.94%-11,911,009 100.00%0 Total Without Owner's Contingency 580,722,930 94.32%30,614,713 611,337,642 99.34%580,833,559 95.01%30,504,084 Owner's Contingency 0.00%-30,915,997 4,084,003 0.66%0 0.00%4,084,003 Total Owner's Contingency 35,000,000 5.68%-30,915,997 14 4,084,003 0.66%0 0.00%4,084,003 Total Budget With Owner's Contingency $615,722,930 100.00%-$301,285 18 $615,421,645 100.0%$580,833,559 94.38%$34,588,086 For Budget Notes see Page 2 10/7/15 Original Budget % Total Miami Beach Convention Center Expansion & Renovation Project Balance Remaining Budget Variance Current Budget % Current Expenses Approved Budget % Spent Current Forecasted Budget Page 1 of 2 EXHIBIT B Exhibit B Budget Notes: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Remaining amount for additional Escalator/Elevator/Kitchen Upgrades approved by Commission under Reso 2017-29829. Total budget variance includes additional bond proceds of $147,449 + Additional funding in the amount of $4,034,625 for Art Basel Elevator & Escalator per Resolution No. 2017-29829 + Additional funding from RDA 4th Amendment per Reso No. 631-2018, and removal of PLot Park and Carl Fisher Clubhouse allowances, which are now tracked as separate projects. Total use of Owner Contingency to Date. Refer to Exhibit B2 for detailed summary. Projected Sales Tax Savings from submitted Direct Purchase Orders; Future anticipated $1.3M shortfall in Direct Purchase of materials. Reimbursement for operational expenses (Reso 2017-29830), Builder's Risk claims, stormwater culvert (2017-29829) & re-roofing of existing building (2015-29144). Costs for additional permitting fees. P-Lot Park Allowance removed from Project budget, and will be tracked separately. Carl Fisher Clubhouse Allowance removed from Project budget, and will be tracked separately. Additonal fees for miscellaneous design revisions and extra site visits requested by Contractor; approx. $414K of the total has been deducted from Clark's Contract. Additional Costs for Dispute Avoidance Panel and outside legal counsel. Moving expenses, parking fees and other expenses for relocation of building operator. Additional Cost Estimating services to support GMP reconciliation negotiations with Construction Manager. $4.7M in general liability insurance was originally to be purchased directly by the owner, but was actually purchased by the contractor. Also refer to Footnote No. 3. Total use of Contractor Contingency to Date. Refer to Exhibit B1 for detailed summary. Miscellaneous costs such as surveys, studies, public information officer (PIO), and utility fees. Insurance Savings as a result of implementing a CCIP (Contractor Controlled Insurance Program) rather than an OCIP (Owner Controlled Insurance Program). A portion of the savings from insurance was allocated to City Staffing to cover costs from Fiscal Year 2014 through December 2018. The previous budget estimate included only Fiscal Years 2015 through part of 2018. A portion of the savings from insurance was allocated to AiPP to provide for actual costs. Pursuant to Sec. 82-587 of the CMB Code, the total amount allocated to AiPP has been transferred to the Art in Public Places Fund. GMP Reconciliation. Refer to LTC# 331-2017 issued on June 26, 2017 for details. Page 2 of 2 EXHIBIT B2 Miami Beach Convention Center Expansion & Renovation Project Owner's Contingency Report Through April 2019 SUMMMARY ORIGINAL OWNER'S CONTINGENCY $35,000,000 MODIFICATIONS (ADDS) Bond offering additional proceeds $147,449 RDA Reimbursement $6,914,221 Total Modifications $7,061,670 USES Jun 2016 4,630 Jul 2016 - Aug 2016 29,967 Sep 2016 - Oct 2016 2,518,080 Nov 2016 (96,710) Dec 2016 179,685 Jan 2017 794,486 Feb 2017 (58,386) Mar 2017 4,321,164 Apr 2017 16,125,999 May 2017 - Jun 2017 78,710 Jul 2017 (16,224) Aug 2017 (1,465,262) Sep 2017 131,865 Oct 2017 4,378,844 Nov 2017 300,000 Dec 2017 (50,785) Jan 2018 2,940,884 Feb 2018 98,251 Mar 2018 (897,010) Apr 2018 22,503 May 2018 (12,728) Jun 2018 105,144 Jul 2018 4,006,505 Aug 2018 (24,655) Sep 2018 909,152 Oct 2018 1,371,819 Nov 2018 534,884 Dec 2018 22,950 Jan 2019 325,023 Feb 2019 40,461 Mar 2019 2,803,257 Apr 2019 (1,444,833) Total Use 37,977,667 TOTAL CONTINGENCY USE ($30,915,997) REMAINING OWNER'S CONTINGENCY $4,084,003 MONTH CHANGE ORDER #DESCRIPTION Trade Cost Mark-ups AMOUNT June 32 Deductive change order against CM's contingency for extra site visits by design team -148,999 June 34 Deductive change order against's CM's fee for design remediation work -6,000 June 35 Additional fire rated 2nd floor service corridor wall 107,850 5,355 113,205 June 36 Additional construction fence panels 44,228 2,196 46,424 SUBTOTAL 152,078 7,551 4,630 August 40 New 8” sanitary sewer line on Washington Avenue 28,549 1,418 29,967 SUBTOTAL 28,549 1,418 29,967 October N/A US Cost - GMP Reconciliation 945,080 October N/A Permit & Plan Reviews 855,000 October N/A Design Miami 2016 - Generators 408,000 October N/A Additional amount needed for the first 12 months of warehouse lease payments for Spectra Staff (Total costs of months 1-12: 531,316.50)287,800 October N/A Spectra - Cost associated with relocation of the warehouse equipment 22,200 SUBTOTAL - 0 2,518,080 November 43 Clark / Banker backcharge for additional structural engineering services approved for Fentress in Amendment 20.-96,710 SUBTOTAL - 0 -96,710 December N/A Design budget adjustment to increase Fentress PO through Amendment 23. 179,685 SUBTOTAL - 0 179,685 20 1 6 Exhibit B2 Page 1 of 4 EXHIBIT B2 MONTH CHANGE ORDER #DESCRIPTION Trade Cost Mark-ups AMOUNT January N/A Design budget adjustment to increase Fentress PO through Amendment 24 18,625 January 52 Additional cost of generator 319,161 15,847 335,007 January 57 Honeywell Interim Funding 420,000 20,854 440,854 SUBTOTAL 739,161 36,701 794,486 February 54 Clark backcharge for additional structural engineering services required due to non- conforming work -20,000 February 55 Clark backcharge for extra design team site visits and additional structural engineering design changes requested by Clark -112,649 February 56 Switchgear replacement due to arc flash incident 70,750 3,513 74,263 SUBTOTAL 70,750 3,513 -58,386 March 58 Nash - GMP Reconciliation 2,729,128 198,112 2,927,240 March 61 NFP - GMP Reconciliation 1,299,585 94,339 1,393,924 SUBTOTAL 4,028,713 292,451 4,321,164 April 64 Reverse Nash - GMP Reconciliation -2,729,128 -198,112 -2,927,240 April 64 Reverse NFP - GMP Reconciliation -1,299,585 -94,339 -1,393,924 April 65 Removal of Park Allowance from Clark's GMP -10,000,000 -10,000,000 April 66 GMP Reconciliation 37,627,222 1,808,836 39,436,058 April 67 GMP Reconciliation - Pre-Construction Services fee balance 1,037,626 1,037,626 April N/A Reimbursement of Design Miami 2016 generators cost per Resolution 2017-29830 -408,000 April N/A Reimbursement of temporary FPL service for Art Basel 2016 per Resolution 2017-29830 -148,726 April N/A Reimbursement of Spectra's building operation costs per Resolution 2017-29830 -518,000 April N/A Remove additional funds previously allocated to FF&E -250,000 April N/A Remove additional funds previously added to raise Carl Fisher Clubhouse -1,000,000 April N/A Close PO for Clark Pre-GMP CM Fee -1,037,629 April N/A Reimbursement of stormwater infrastructure / road raising per Resolution 2017-29829 -4,513,591 April N/A Re-roofing of existing building structure (funded from separate capital renewal and replacement project)-1,689,254 April N/A Reimbursement of temporary kitchen trailer costs for Art Basel 2016 per Resolution 2017- 29830 -76,267 April N/A Reimbursement of temporary partition per Resolution 2017-29830 -1,010,500 April N/A Reimbursement of Art Basel temporary work for 2016 show per Resolution 2017-29830 -2,542,220 April N/A P-Lot Park allowance 5,000,000 April N/A Additional allocation for permit fees 39,800 April N/A Design budget adjustment to increase Fentress PO through Amendment 26 27,610 April N/A Cost estimating budget reduction -302,202 April N/A Budget reduction for miscellaneous (Other) costs -1,597,542 SUBTOTAL 24,636,135 1,516,385 16,125,999 June N/A JLL Amendment No. 9 - Additional consulting services 160,000 June N/A Fentress Amendment 28 - design revisions associated with relocation of 19th St pump station 2,585 June N/A Mark-ups associated with re-roofing scope of work - funded from separate capital renewal and replacement project -83,875 SUBTOTAL - 0 78,710 July 68 Additional power requirements necessary in the DMARC room 4,812 239 5,051 July 73 Reverse CO 56 - MC Dean -70,750 -3,513 -74,263 July 75 Additional door hardware at East Concourse to accommodate the needs of the events, building operator and project phasing.50,481 2,506 52,987 SUBTOTAL -15,457 -767 -16,224 August 76 Scope removal - Canal Seawall -1,500,000 -74,478 -1,574,478 August 77 Addition of a drywall soffit at East Concourse - work associated with acoustical panel ceiling connection issues.45,990 2,284 48,274 August 78 Deductive change order to cover additional arch / eng services performed by A/E due to non conforming field conditions related to RFI 3251 / NCR 1255 -20,875 August 79 Installation of water meters 1,959 97 2,056 August 81 Field modification of urinal screens as directed by the A/E for ADA compliance 1,226 61 1,287 August 82 Construction Change Directive #022 - new sanitary sewer line for Carl Fisher Clubhouse 74,315 3,690 78,005 August 87 Repairs to fire protection line in north loading dock damaged during an event 447 22 469 SUBTOTAL -1,376,063 -68,324 -1,465,262 September 88 Deductive change order against CM Contingency for additional design services -10,000 September 89 Cost above the GMP allownance for the rooftop ballroom trellis 22,652 1,125 23,777 September 90 Additional cost associated with weatherproofing the rooftop parking crash walls 60,955 3,027 63,982 September 92 Fire rated enclosure around gas line in egress area required by Code 10,849 539 11,388 September 94 AIPP - De-scope expansion joint covers for Sarah Morris walls -1,420 -70 -1,491 September N/A Design budget adjustment to increase Fentress PO through Amendment 33 44,210 SUBTOTAL 93,036 4,619 131,865 October 74 CCD 021 - DRER Sewer main revisions, Convention Center Dr. and Meridian Road grading and reconfiguration revisions, and South Dock grading revisions 360,980 17,924 378,904 October 96 Builders Risk Claim - Rain Event 8/1/17 1,696,601 84,240 1,780,841 October N/A Budget reallocation to Other for utilities bills 1,277,579 October N/A Budget reallocation to Legal for monthly outside legal council 110,000 October N/A Budget reallocation for Testing / Inspections 831,520 SUBTOTAL 2,057,581 102,163 4,378,844 November N/A Art Basel expenses incurred in connection to the west side entrance and concourse 300,000 SUBTOTAL 0 0 300,000 December 100 Deductive change order against CM Contingency for additional submittal reviews by Fentress Architects. -50,785 SUBTOTAL 0 0 -50,785 20 1 7 Exhibit B2 Page 2 of 4 EXHIBIT B2 MONTH CHANGE ORDER #DESCRIPTION Trade Cost Mark-ups AMOUNT January N/A Design budget adjustment to increase Fentress PO through Amendment 35 99,413 January N/A Hill Amendment 1 1,876,175 January 103 DAP Allowance Overage to Clark 100,802 January 105 Scope revisions 17,143 851 17,994 January 106 Roof Anchor Alternate -10,782 -535 -11,317 January 107 Modifications to Hall D Air Handler Unit Hand Railings & Grating 95,387 4,736 100,123 January 108 Art Basel 2017 Costs 262,313 13,024 275,337 January 109 Post Hurricane Irma Clean-up and Damages 465,777 0 465,777 January 110 CCD-28 NW Trellis -57,630 -2,861 -60,492 January 111 CCD 026 Roadway and Pavement Revisions 111,511 5,537 117,048 January 113 CCD 023 -17,393 -864 -18,257 January 115 Field Order #5 -23,349 -1,159 -24,508 January 116 Relocate Electrical & Telecom Receptacles 2,656 132 2,788 SUBTOTAL 845,633 18,861 2,940,884 February 117 Temporary Work for Art Basel 2017 107,622 5,344 112,966 February 119 Art Basel 2017 Milestone Temp Generator and Premium Time Costs 678,468 33,687 712,156 February N/A Purchase of material associated with re-roofing scope of work - funded from separate capital renewal and replacement project -726,871 SUBTOTAL 786,090 39,031 98,251 March 120 Partial reversal of Change Order 96 - Builders Risk Claim - Rain Event 8/1/17 -1,250,000 -1,250,000 March 122 Hurricane Irma Excusable Delay 257,952 2,896 260,848 March 123 CCD-30 - Column wrap changes 9,272 460 9,733 March 124 Art Basel 2017 Costs: added doors, temporary fencing, temporary fire hose 64,783 3,217 68,000 March 125 Multi-Subcontractor Costs related to RFIs / Markups OCO#119 correction 13,728 682 14,410 SUBTOTAL -904,265 7,254 -897,010 April 126 CCD 029 - Rigging Point, Door Levers, Portal Glass - PCO 810591 13,540 672 14,212 April 127 Junior Ballroom North Wall Finish 7,899 392 8,291 SUBTOTAL 21,439 1,064 22,503 May 129 CCD 031 - credit for Convention Center Drive light pole bases -17,013 -844 -17,857 May 130 PCO 810450 - CCD 024 Non-Art Basel Changes -36,512 -1,813 -38,325 May 131 Art Basel 2017 Damages - PCO 810607 41,399 2,056 43,454 SUBTOTAL -12,126 -602 -12,728 June 133 Multi-Subcontractor Costs Related to RFIs 5,492 273 5,764 June 134 Washington Avenue Repairs (CCD 103) and costs related to RFI responses 94,679 4,701 99,380 SUBTOTAL 100,170 4,974 105,144 July 139 Scope changes due to RFI Responses 113,331 5,627 118,958 July 142 CCD-032: AiPP coord, 18th St Drainage, 21st St Grading and Curb 70,049 3,478 73,527 July 74 Adjustment for portion related to the stormwater culvert, which is funded by stormwater infrastructure funds per Resolution 2017-29829 -141,394 -7,021 -148,415 July N/A Funding reallocation per Resolution 633-2018 3,750,000 July N/A Reimbursement to Art Basel for expenses incurred due to delays caused by Hurricane Irma and August 2017 rain event 375,000 July N/A City's Portion of Insurance Reimbursement per Setttlement (Change Order #66) - Bus Duct -80,509 July N/A City's Portion of Insurance Reimbrusement per Setttlement (Change Order #66) - Arc Flash/Switchboard -82,057 SUBTOTAL 41,985 2,085 4,006,505 August 143 Incorporate changes related to RFI responses 17,071 848 17,919 August 144 Reverse CO #96 and #120 - Bldr's Risk -93,674 -65,866 -159,539 August N/A Design budget adjustment to increase Fentress PO through Amendment 36 116,966 SUBTOTAL -76,602 -65,018 -24,655 September N/A Design budget adjustment to increase Fentress PO through Amendment 38 50,320 September N/A City Staffing / Expenses 455,332 September 147 CCD 027 - AiPP Revisions for West Lobby Ceiling Rigging Points & Southeast Planting Bed -4,019 -200 -4,219 September 148 PCO 810641 – Elevator Shunt Trips at Breakers / 810973 – 18th Street Protection Slab / 810810 – Add silicone sealant for kitchen trim 11,725 582 12,307 September 150 CCD-106 - Ballroom Signature Changes (PCO 810773)10,007 497 10,504 September 142 Credit AiPP portion of change order - paid by AiPP fund -3,193 -159 -3,351 September N/A Credit DPO - Consolidated Electric - Carl Fisher Clubhouse Grant -10,238 September N/A Reduction of stormwater infrastructure / road raising reimbursement 250,083 September 74 Contingency use adjustment related to road raising 141,394 7,021 148,415 SUBTOTAL 155,914 7,742 909,152 October 151 CCD-105 - Landscaping Layout on Washington Ave (2018-05-31)43,239 2,147 45,386 October N/A Direct purchases tax savings shortfall 1,326,433 SUBTOTAL 43,239 2,147 1,371,819 November N/A Builder's Risk extension 03/01/19 0 392,116 November N/A Budget reallocation to "Other" for Herc & Master Mechanical for temporary chillers 0 298,502 November 152 CCD 033 - 21st Street Park Descope - PCO 810707 Rev 1 -308,037 -15,295 -323,332 November 153 Multi-Subcontractor Change Orders due to RFI Responses 63,710 3,163 66,873 November 154 Standby Personnel for AHIMA 2018 & BET 2018 40,583 2,015 42,598 November 155 CCD 037 - Impact Resistance Soffit - PCO 810831 52,467 2,605 55,072 November 156 Sales tax and P&P Bond loss from reversal of balance of Nash DPOs 2,714 341 3,055 SUBTOTAL -148,563 -7,171 534,884 December 157 Incorporate changes related to RFI responses -20,972 -1,041 -22,014 December 158 Standby Personnel for AHIMA 2018, ISAPS 2018, and JIS 2018 42,836 2,127 44,963 SUBTOTAL 21,864 1,086 22,950 January 159 Addt'l costs associated with extension of services for Owner's Rep. (Hill) trailer and aerial photography 14,488 719 15,207 January 160 PCO 810779 Rev 1 - CCD034 S-26, 18th and 19th Curbs, Sarah Morris Adj, and Camera Locations 30,171 1,498 31,669 January 161 Standby Personnel for 2018 Events 66,490 3,301 69,791 January 162 Definitize OCO #135 - Life and Safety Personnel for 2018 Events 1,758 87 1,845 January N/A Design budget adjustment to increase Fentress PO through Amendment 39 206,510 SUBTOTAL 112,907 5,606 325,023 20 1 8 20 1 9 Exhibit B2 Page 3 of 4 EXHIBIT B2 MONTH CHANGE ORDER #DESCRIPTION Trade Cost Mark-ups AMOUNT February 163 RFI Responses, LE Miami Elevator Damage, AHJ Requests 31,759 1,577 33,336 February N/A Design budget adjustment to increase Fentress PO through Amendment 41 7,125 SUBTOTAL 31,759 1,577 40,461 March 104 MOT Labor & Material for MLB 3,258 March 165 Costs associated with Force Majeure Event Hurricane Irma 1,995,473 64,905 2,060,378 March 166 Elevators & Escalator Temporary Use for Events 40,400 2,006 42,406 March 167 Standby Personnel for Art Basel 2018, OMBAS 2019 and JIS 2019 119,366 5,927 125,293 March N/A Builder's Risk extension 300,621 March N/A Design budget adjustment to increase Fentress PO through Amendment 42 for extended CA 271,300 SUBTOTAL 2,155,239 72,838 2,803,257 April N/A Transfer unutilized portion of Art Basel Connector 0 -1,487,972 April 168 Elevators & Escalator Temporary Use for April/May 2019 41,100 2,040 43,140 SUBTOTAL 41,100 2,040 -1,444,833 TOTAL SINCE INCEPTION 33,630,266 1,989,223 37,977,667 20 1 9 Exhibit B2 Page 4 of 4