LTC 331-2017 Miami Beach Convention Center Construction Project Update Guaranteed Maximum Price GMP Contract Reconciliation SettlementMIAMI BEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
OFFICE OF THE CITY MANAGER
LTC # 331-2017
LETTER TO COMMISSION
TO: Mayor Philip Levine and Members the City, ommission
FROM: Jimmy L. Morales, City Manager
DATE: June 26, 2017
SUBJECT: Miami Beach Convention Center Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
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, 2017 including costs attributed to the Guaranteed Maximum Price
(GMP) Contract Reconciliation Settlement finalized on April 26, 2017.
SUMMARY AND CONCLUSION OF GMP RECONCILIATION CHANGE ORDER
SETTLEMENT
On October 21, 2015, the Mayor and City Commission adopted Resolution No. 2015-29188
authorizing the City to enter into a Construction Manager at Risk (CM@R) Agreement with Clark
Construction Group, LLC (Clark) for the renovation and expansion of the MBCC. The City's
architect, Fentress Architects (Fentress), represented that the design documents were 65%
complete at that time.
In December of 2015, construction began under a phased permit concurrently with permit
reviews and processing of final plans, i.e., under a "fast-track". This was necessary in order to
allow Art Basel to have a 4-hall event in December of 2016 and December of 2017 while
construction of the project was on-going and allowing half hall events.
Under the CM@R Agreement, Clark was to build the project for the GMP amount based on the
65% documents and what is "reasonably inferable" from those documents. Under those terms,
the City assumed certain risks, such as those relating to concealed conditions on the site, as
well as changes driven by the Authorities having Jurisdiction (AHJ) (i.e., the Fire Marshal,
franchise utilities such as FP&L and AT&T, the City's Public Works department, the City's
Building Official, and Miami-Dade County Departments such as DERM, DEP, and Miami-Dade-
County Traffic, among others).
On April 7, 2017, LTC #184-2017 updated the City Commission on the status of the project and
addressed concerns and rumors that the project was grossly over budget and extremely delayed,
neither of which were true. The LTC also explained the reasons why the MBCC project is not
a "typical" construction project since events have to be hosted during the majority of the
construction period (including two separate 4-hall Art Basel events, each of which require project
construction to be put on "hold" for specified time periods).
The LTC also informed the City Commission that the City's consulting team, (owner's
representative, Hill International (Hill); convention center consultant, Jones Lang LaSalle (JLL);
third party cost estimator, RIB US Cost; and architect, Fentress Architects), had been advising
and assisting the City during an 8-month negotiation process to reconcile the scope of Work the
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 2 of 8
City purchased under the GMP Amendment with the claims submitted to the City by Clark (on
behalf of itself and its trade contractors) for alleged changes in the scope of Work occurring after
execution of the GMP Amendment. The 8-month negotiation came to a conclusion and
settlement on April 26, 2017.
As for budget, the City issued bonds at the end of 2015 in a total of $615 million dollars for the
project, including hard and soft costs. Included in those numbers was a substantial amount of
project contingency to cover three significant risk factors that have now been addressed and
settled with Clark and all trade contractors from inception of the project to January 31, 2017:
1. By agreement of Clark and the City, the GMP was established based on incomplete
drawings (necessitated by the need to commence construction immediately after Art
Basel 2015 in order to open all four halls for Art Basel 2016).
2. Since 70% of this project consists of major renovations to an existing facility, some
unforeseen conditions arose which added costs to the bottom line. Costs included lead
paint removal, asbestos abatement, and permitting issues pertaining to contaminated soil
and dewatering.
3. Challenges faced in meeting life-safety requirements during shows and events that
occurred in an active construction site, which added both capital and operational costs to
the project.
Contingency Funds (Construction Manager's (CM) Contingency and Owner's
Contingency)
Due to the risk factors listed above, which were associated with the project from its inception and
allocated amongst the parties in the CM@R Agreement, the GMP included a CM Contingency
fund in the amount of $29.7 million for Clark to use to cover certain costs associated with such
risk factors.
In addition to the CM Contingency, there is a $35 million Owner's (City's) Contingency within the
project budget of $615.8 million, to cover certain additional project-related expenses for which
the City is responsible under the CM@R Agreement. By way of example, these expenses
include, among others, discretionary changes made by the City, changes required by the AHJ,
and differing site conditions.
After settlement of the GMP reconciliation, the comparison of the current project budget to the
newly updated budget is in Chart 1 following on Page 3.
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 3 of 8
Chart 1
GMP Reconciliation Project Budget Revision
Guaranteed Maximum Price
Original Current Variance
Hard Costs w/ Markups $455,244,559 $513,811,974 $58,567,415 1 9.5%
General Conditons 24,465,886 28,165,886 3,700,000 2 0.6%
CM Contingency 29,747,613 5,402,813 -24,344,800 3 -4.0%
Subtotal 509,458,058 547,380,673 37,922,615 6.2%
Owner's Costs
Design 26,669,442 27,930,707 1,261,265 0.2%
Oversight 8,194,398 9,647,716 1,453,318 0.2%
Art in Public Places 6,900,000 7,060,797 160,797 0.0%
FF&E 6,830,945 6,830,945 0 0.0%
Insurance 11,600,000 6,508,459 -5,091,541 4 -0.8%
Other 11,070,087 12,900,898 1,830,811 0.3%
Funding from other sources 0 -9,831,832 -9,831,832 5 -1.6%
Subtotal 71,264,872 61,047,690 ,-10,217,182 -1.7%
Owner's Contingency 35,000,000 7,442,016 -27,557,984 6 -4.5%
TOTAL $615,722,930 $615,870,379 $147,449 7
Notes Legend:
1. Amounts having been utilized prior to April GMP reconciliation, amount utilized by CM contingency, sales
tax shortfall, GMP reconciliation amount from Owner's Contingency and other program reductions.
2. Additional CM staffing and support in conjunction with the GMP reconciliation.
3. Construction Manager's obligation for increased costs and the GMP reconciliation.
4. Insurance savings.
5. Savings allocated from other funding sources.
6. Amount used for reconciliation net of reductions in owner's costs and other programmatic elements.
7. Bond offering resulted in additional proceeds of $147,449 that were not included in the original budget.
As was previously reported, addressing these issues used a significant amount of both of the
contingency amounts, however the project remains within the overall project budget of $615.8
million.
Taking the GMP reconciliation settlement into account, there is a total of approximately $12.8
million in funds remaining in the CM Contingency and the Owner's Contingency. Although this
equates to only 20% of the total contingency amounts initially established, we believe that the
largest part of the project's cost risks were addressed in the settlement. The east side and exhibit
hall renovations are nearing completion and most of the future costs will be in new construction
on the north and west side of the center. New construction typically gives rise to fewer unknown
conditions that result in additional costs to the project owner. Moreover, with the west side
demolished, the unknowns related to attaching the new construction to the existing structure
have been identified. That said, the development of the park might uncover further unknown site
conditions; however, those site issues should be minimized since the site has never been
previously developed. As construction progresses, the City anticipates that Clark and its trade
contractors will continue to submit Requests for Information (RFIs) for the purpose of clarifying
design details or resolving ambiguities in the construction documents. As the project architect,
Original
Revised
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 4 of 8
Fentress, will continue to respond to any such RFIs as they are received, the City's consultants,
JLL and Hill, will continue to assist in managing the RFI process with a focus on no-cost solutions.
While no guarantees can be made at this point, the team believes the remaining Owner's
Contingency and CM Contingency should be sufficient to provide for unknowns going forward.
It is a daily challenge to keep the project on time and on budget and the JLL and Hill support
team will continue to advocate for the City's position and drive project completion within the
original project budget of $615.8 million.
Contract Time Extension
As part of the GMP reconciliation settlement, the contract time was extended via change order
for 39 days, or 4% of the contract time, from June 30, 2018 to August 8, 2018. No events will be
effected in 2018 by the time extension.
The east concourse and halls have opened for events as planned.' The time comparison in
Chart 2 below shows the time extension.
Chart 2
Construction Duration in Days
0 100 200 300 400 500 600 700 800 900 1,000
SCHEDULE UPDATE & PROJECT MILESTONES
Construction of the project commenced in December 2015 and is 50% complete as depicted in
Schedule A below:
Schedule A
2015 2016 2017 2018
8 9 10 11 12
2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12
Phase I
East Lobby Renovation I
East Exhibition Halls I
21st Street Pump Station 0 0 N
ti i—i
C \ 1
5.7'.
North Adrk
t
tion in ,..0
6.1 I Phase II cU v.,
Carl fisher Clubhouse M
West Exhibition Halls ro C03 CO
West Concourse/Grand Lobby t 4--• 1=
Convention Center Drive - < - ZL <
I
Phase III
Rooftop Ballroom -
P-Lot Park 21st St Park / Greenspaces
Ar
t Ba
s
e
l
7
0
1
8
1 The events planned for the World OutGames were relocated due to the unavailability of the east kitchen at that
time. Sadly, all events were cancelled by the organizers. The east kitchen was ready for the eMerge Americas
event of June 7.
f'-.rerassiasammasaraw
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 5 of 8
Phase 2A
As has been reported since December 2016, the building was closed to all events starting on
December 10, 2016. Construction of Phase 2A commenced after the successful Art Basel 2016
show and the building fully closed for major construction with no events taking place for 6 months.
With a completely vacant facility, the Construction Manager and subcontractors worked in all
areas of the building. Major demolition and reconstruction occurred during this time, most notably
the installation of glass curtainwall on the Washington Avenue side of the building and
commencement of structural steel for the west concourse facing Convention Center Drive, along
with substantial interior renovation.
For a video tour of the project taken on May 21, 2017 showing completion of Phase 2A click on
the hyperlink: https://youtu.be/9-kNTsvV4Zk
Phase 2B - June Milestone Delivery
Commencement of Phase 2B occurred on June 7, 2017, when the building re-opened for the
eMerge Americas event. The first event will be followed by an additional 10 (one-hall or two-
hall) events through the remainder of 2017. The events and entrances are now located on the
east side of the building along Washington Avenue, and will utilize the new north truck dock for
loading in and out. As previously reported, the condition of the re-opened east fagade was, as
anticipated, per Image 1 below:
Image 1
Washington Avenue View for eMerge Event — June 7, 2017
Art Basel Miami Beach 2017
In December 2017, Art Basel Miami Beach is scheduled to return to the building in the only 4-
hall event of this year. The City is currently in the process of entering into a License Agreement
with Art Basel U.S. Corp for the event.
Design Miami 2017
Design Miami is also anticipated to return to the preferred parking lot (P-Lot) in 2017. For two
months (mid-October to mid-December), the project's construction labor force will be required to
temporarily relocate its parking area and a portion of the material and equipment staging yard
during the construction of Design Miami's large tent facility and subsequent demobilization. The
City is currently in the process of entering into a Premises Use Agreement with Design Miami.
2018 Substantial Completion
Currently there are a total of 18 events scheduled for 2018. The project is scheduled to be
substantially completed with final testing, inspections and LEED commissioning by August 8,
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 6 of 8
2018. This also includes the restoration of the Carl Fisher Clubhouse and the park surrounding
it along the canal, six artists' commissions being installed as part of Art in Public Places, and the
6 acre P-lot Park. The schedule, as it has been since the start, is aggressive but achievable,
barring any unforeseen conditions or unanticipated delays.
FINANCIAL UPDATE TO APRIL 30, 2017
The usual project dashboard with updated financial information is attached as Exhibit A and 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, a total of $283.4 million,
or 52%, of the total updated GMP amount of $545 million has been paid through April 30, 2017.
For a detailed breakdown, refer to Exhibit B (GMP + Direct Purchases Line Item).
Construction Manager's (CM) Contingency
Refer to Exhibit B1 for a summary of the total CM Contingency use to date.
For the month of April 2017 (which includes the GMP reconciliation discussed above), an
additional $6.6 million was utilized to bring the total to $23 million out of the $29.7 million CM
contingency. A total amount of $19.8 million has been utilized under the "Trade Cost" category.
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 30, the City has directly purchased $57.3
million in materials resulting in sales tax savings of $4.2 million.
There are certain materials that were planned for direct purchase that have not materialized due
to a variety of reasons such as risk to the City disagreement on purchasing terms, and
disagreement on early deposit requirements. The City and the construction team continue to
pursue direct purchase opportunities to make up as much of the shortfall as possible, however
it is currently estimated that the shortfall amount will be approximately $1.5 million, which will be
funded from the Owner's Contingency. This deduction is factored into the GMP Reconciliation
Project Budget Revision in Chart 1.
OWNER COSTS
A total of $42.2 million, or 66%, of the owner cost budget has been expended to date. Below
are more detailed updates for two major components of the project being funded by Owner
Costs.
Art in Public Places (AIPP)
A total of $729K out of the $7 million AiPP budget has been expended.
AiPP staff is working closely with the project team and the County's Department of Cultural
Affairs to ensure the seamless integration of the six public art projects into the MBCC project.
The following provides a brief update on the status of each commission:
1. Franz Ackermann (Berlin), Southeast Corner Exterior Walls
Ackermann conducted a site visit on March 3, 2017, and met with the project team to
determine surface treatment of the wall, lighting and landscaping for the southeast corner
exterior walls. Ackermann is in the process of hiring a general contractor and is scheduled
to begin painting the mural in March 2018.
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 7 of 8
2. Michael Elmgreen and Ingar Dragset (London/Berlin), Convention Center Park
Sculpture
Art in Public Places staff is working with the studio to finalize the artist agreement with
Elmgreen and Dragset. The artists are scheduled for a site visit in October 2018.
Coordination of the project is dependent upon the final design of the Convention Center
Park. It is anticipated the work will be installed in fall 2018.
3. Ellen Harvey (Brooklyn), Grand Ballroom Pre-Function Room
Staff conducted a project coordination meeting with Harvey on October 21, 2016. Harvey
is now working with Franz Mayer of Munich to begin fabrication of the art glass panels and
the structural system to support the glass panels. Fabrication of the art glass will take at
least eight months. It is anticipated the work will be installed in spring 2018.
4. Joseph Kosuth (New York/London), West Lobby
Kosuth conducted a site visit on March 21, 2017, and met with the project team to
determine the position of the neon work and electrical needs in the West Lobby. Kosuth
submitted his finalized design for the project in May 2017. Electrical requirements are being
prepared and will be submitted to the project team in September 2017. It is anticipated the
work will be installed in spring 2018.
5. Joep Van Lieshout (Netherlands), Northeast Park Collins Canal
Joep Van Lieshout conducted a site visit on May 9, 2017. Staff has been working closely
with the artist studio and a conservator to finalize materials for the sculptural seating
elements. Van Lieshout submitted his final design for placement of the nine sculptures in
May 2017. It is anticipated the work will be installed in fall 2018.
6. Sarah Morris (New York), Northeast Corner Exterior Walls
Morris conducted a site visit on March 10, 2017 and was made aware of existing site
conditions. Additionally, Morris met with the project team to determine surface treatment of
the wall, lighting and landscaping for the northeast corner exterior walls. Morris is now in
the process of hiring a general contractor and is working with her tile fabrication company
in Guadalajara, Mexico to refine color samples for the tile installation. It is anticipated the
tile mural will be completed in spring 2018.
Carl Fisher Clubhouse Historic Restoration
The Carl Fisher Clubhouse historic restoration is underway. A total amount of $279K out of the
$2.5M budget has been expended.
The City's CIP Department is managing the project for the MBCC project team. On September
14, 2016, the City Commission awarded a Construction Manager at Risk contract to Grace &
Naeem Uddin, Inc. for construction management of the project. The design consultant for the
Carl Fisher project, Richard Heisenbottle Architects, is currently revising the 90% construction
documents for submittal to the Building Department in June 2017.
On a parallel path, the Construction Manager continues its pre-construction services and it is
anticipated that a Guaranteed Maximum Price (GMP) will be presented to the City Commission
for approval in September 2017. Construction is expected to commence in November 2017 and
project completion in the third quarter of 2018.
Miami Beach Convention Center Monthly Construction Project Update
Guaranteed Maximum Price (GMP) Contract Reconciliation Settlement
June 26, 2017
Page 8 of 8
OWNER CONTINGENCY
For a full detailed breakdown of all Owner costs and credits, refer to Exhibit B2. A total of $23.7
million of the available owner contingency of $35 million has been utilized.
OVERALL COSTS
From an overall project perspective, $323 million, or 52.5%, has been spent on the $615.8 million
project.
LOCAL HIRE
Clark Construction continues their commitment to maximizing workforce opportunities for City of
Miami Beach and Miami-Dade County residents. A total of 3,750 workers have been employed
by the project. This includes all certified payroll from October 2015 to April 30, 2017. The labor
force includes full-time, part-time, temporary labor, and includes daytime and nighttime shifts.
Attached, as Exhibit C, is a summary of the local hiring efforts to date, for Clark and its
subcontractors. The current report shows a summary of all employees on the project thus far,
sorted by zip code. Clark is currently 63% local hire by individual (Miami Beach, with 38
employees, and Miami-Dade County with a total of 2,324).
CONSTRUCTION MATERIAL DIVERSION / RECYCLING
The City continues to be on track to exceed the goals of the Silver LEED designation for diversion
/ recycling of waste. Over 95% of the material demolished is being recycled and / or diverted,
which exceeds the target goal of 75%.
PUBLIC INFORMATION
Weekly advisories and postings for April sent on the City's social media outlets including Twitter,
Facebook, and Constant Contact are attached as Exhibit D.
If there are any questions, please do not hesitate to contact myself or Maria Hernandez at
Extension 2584.
Attachments:
Exhibit A — Project Dashboard and Site Photos
Exhibit B — Budget Summary Breakdown
Exhibit B1 — Contractor Contingency Log
Exhibit B2 — Owner Contingency Log
Exhibit C — Clark Construction Local Hiring Summary
Exhibit D — Public Outreach Report
JLM / MH
F:\cmgr\$ALL\Convention Center\Commission Updates\2017 April & GMP Reconciliation Monthly\LTC - April 2017 GMP Reconciliation Update_6-26-
17 FINAL.docx
2016 (25 Events)
Convention Center Renovation & Expansion
Project Dashboard EXHIBIT A
Payment Application 19
April 30, 2017
$0m
$100m
$200m
$300m
$400m
$500m
$600m
Total Project Cost
52.5% 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
2017 (12 Events)2018 (+/-18 Events)
$0m
$50m
$100m
$150m
$200m
$250m
$300m
$350m
$400m
$450m
$500m
$550m
Bu
d
g
e
t
Ac
t
u
a
l
Net GMP Draw
51.97% Expended
$0m
$10m
$20m
$30m
$40m
$50m
$60m
$70m
Bu
d
g
e
t
Ac
t
u
a
l
Owner Costs
66%Expended
$0m
$5m
$10m
$15m
$20m
$25m
$30m
$35m
Owner’s Contingency
$0m
$5m
$10m
$15m
$20m
$25m
$30m
CM Contingency
Construction Notes:
•52.5% of the total
project budget has been
expended.
•51.97% of the total GMP
budget has been
expended.
•$23.3 M of CM
contingency has been
utilized. Refer to LTC
narrative and Exhibit B1
for description and
detail.
Owner Budget
Notes:
•66% of owner budget
has been expended.
•$23.7 M of the
owner’s contingency
budget has been
expended.
Other Notes:
•Events recommenced
in June.
•GMP Reconciliation
completed. Refer to
LTC narrative.
ABMB BLACK OUT
Convention Center Renovation & Expansion
Project Dashboard EXHIBIT A
June, 2017
Convention Center Renovation & Expansion
Project Dashboard EXHIBIT A
June 2017
Dashboard Summary
Trade Costs $410,205,803 66.62%1,202,676 $411,408,479 66.80%
Direct Purchase 0 0.00%-60,749,748 -60,749,748 -9.86%
Storm Water Drainage Culvert 0 3,309,692 3,309,692 0.54%
Recon 47,456,923 47,456,923 7.71%
Change Orders 0 0.00%6,520,552 6,520,552 1.06%
Subtotal 410,205,803 66.62%-2,259,905 407,945,898 66.24%208,913,159 51.21%199,032,739
Contractor Soft Costs
General Conditions (Clark Staffing)24,465,886 3.97%3,700,000 28,165,886 4.57%16,551,923 58.77%11,613,963
General Requirements 14,760,103 2.40%2,425,258 17,185,361 2.79%8,194,758 47.68%8,990,603
Payment & Performance Bond 3,708,000 0.60%-268,671 8 3,439,329 0.56%3,433,845 99.84%5,484
GL Insurance 1,807,650 0.29%246,865 2,054,515 0.33%1,200,537 58.43%853,978
CMr Fees (3.8%)17,288,003 2.81%2,538,827 19,826,830 3.22%10,301,034 51.96%9,525,796
CCIP GL Wrap 0 0.00%4,740,576 9 4,740,576 0.77%4,740,576 100.00%0
CM Contingency 29,747,613 4.83%-23,294,238 10 6,453,376 1.05%0 0.00%6,453,376
Base GMP 501,983,058 81.53%-12,171,288 489,811,770 79.53%253,335,831 51.72%236,475,938
Other GMP Items (Including all mark ups)
P-Lot Park (allowance)10,000,000 1.62%-10,000,000 15 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%-25,646,288 489,811,770 79.53%253,335,831 51.72%236,475,938
Direct Purchase Tax Savings -6,000,000 -0.97%4,206,432 17 -1,793,568 -0.29%0 0.00%-1,793,568 17
Total Net GMP 509,458,058 82.74%-21,439,857 488,018,202 79.24%253,335,831 51.91%234,682,370
Direct Purchases 0 0.00%57,309,479 57,309,479 9.31%30,059,867 52.45%27,249,613
GMP + Direct Purchases 509,458,058 82.74%35,869,623 545,327,681 88.55%283,395,698 51.97%261,931,983
Owner's Cost
City Staffing & Expenses 1,561,000 0.25%793,318 6 2,354,318 0.38%1,430,622 60.77%923,696
Consultant Fees (SAG)1,047,725 0.17%0 1,047,725 0.17%995,252 94.99%52,473
Owner's Rep (Hill)5,585,673 0.91%0 5,585,673 0.91%3,198,057 57.25%2,387,616
Design Fees (Fentress)26,669,442 4.33%690,920 11 27,360,362 4.44%25,756,451 94.14%1,603,911
Owner's Cost Estimator (US Cost)400,030 0.06%709,326 7 1,109,356 0.18%1,009,249 90.98%100,107
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%0 2,328,943 0.38%879,223 37.75%1,449,720
Permit & Plan Reviews 2,400,000 0.39%746,074 14 3,146,074 0.51%2,939,321 93.43%206,753
Other 783,526 0.13%108,436 4 891,962 0.14%608,930 68.27%283,032
Other - Legal / DAP Board 63,515 0.01%150,000 12 213,515 0.03%157,421 73.73%56,094
Other - Spectra 0 0.00%292,000 13 292,000 0.05%291,950 99.98%50
Other - Design Miami 0 0.00%0 0 0.00%0 0.00%0
Public Art (AIPP)6,900,000 1.12%160,797 3 7,060,797 1.15%729,539 10.33%6,331,258 3
MBCC FF&E 6,830,945 1.11%0 6,830,945 1.11%0 0.00%6,830,945
Insurance:
OCIP GL Wrap 9,000,000 1.46%-9,000,000 5 0 0.00%0 0
Builder Risk/Building (net)1,600,000 0.26%-450,000 1,150,000 0.19%1,837,501 159.78%1 -687,501 1
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%0 2,500,000 0.41%279,288 11.17%2,220,712
Subtotal 71,264,872 11.57%-7,218,875 64,045,997 10.40%42,287,131 66.03%21,758,866
P-Lot Park (allowance)5,000,000 15 5,000,000 0.81%0 0.00%5,000,000
Reimbursement from other CMB Projects 0.00%-9,831,832 18 -9,831,832 -1.60%-2,324,546 0.00%-7,507,286
Total Without Owner's Contingency 580,722,930 94.32%23,818,916 604,541,846 98.16%323,358,283 53.49%281,183,563
Owner's Contingency - Soft Costs 3,018,542 3,018,542 0.49%0 0.00%3,018,542
Owner's Contingency - Hard Costs -26,690,009 8,309,991 1.35%0 0.00%8,309,991
Total Owner's Contingency 35,000,000 5.68%-23,671,467 16 11,328,533 1.84%0 0.00%11,328,533
Total Budget With Owner's Contingency $615,722,930 100.00%$147,449 2 $615,870,379 100.0%$323,358,283 52.50%$292,512,096
1. The property insurance portion of the Builders Risk policy to be reimbursed $2,000,004 by CMB Risk Dept.
2. The bond offering resulted in additional proceeds that were not included in the original budget. This amount has been added to the Owner's Contingency.
3. 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.
4. Miscellaneous costs such as surveys, studies, public information officer (PIO)
5. Insurance Savings as a result of implementing a CCIP (Contractor Controlled Insurance Program) rather than an OCIP (Owner Controlled Insurance Program)
6. 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.
7. Additional Cost Estimating services to support GMP reconciliation negotiations with Construction Manager.
8. Savings from Clark Bond on Direct Purchases executed to date.
9. $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. 5.
10. Total use of Contractor Contingency to Date. Refer to Exhibit B1 for detailed summary.
11. Additonal fees for miscellaneous design revisions and extra site visits requested by Contractor; approx. $384K of the total has been deducted from Clark's Contract
12. Additional Costs for Dispute Avoidance Panel and outside legal counsel.
13. Moving expenses, parking fees and other expenses for relocation of building operator.
14. Costs for additional permitting fees
15. P-Lot Park Allowance temporarily deducted from Clark's Contract. $5M remains in allowance and $5M moved to owner's contingency
16. Total use of Owner Contingency to Date. Refer to Exhibit B2 for detailed summary.
17. Projected Sales Tax Savings from submitted Direct Purchase Orders; Future anticipated $1.5M shortfall in Direct Purchase of materials.
18. Reimbursement for operational expenses (Reso 2017-29830), stormwater culvert (2017-29829) & re-roofing of existing building previously allocated under separate project
EXHIBIT B
Current
Budget
%
Current
Expenses % Spent Balance
Remaining
Approved Budget
Miami Beach Convention Center Expansion & Renovation Project
10/7/15
Original
Budget
Budget
Variance% Total
Current
Forecasted
Budget
Page 1 of 1
EXHIBIT B1
Miami Beach Convention Center Expansion & Renovation Project
Construction Manager's (CM) Contingency Report
thru April 30, 2017
SUMMMARY
Total CM Contingency $29,747,613.00
USES
May 2016 **3,516,099.28$
Jun 2016 3,539,694.47$
Jul 2016 2,345,812.72$
Aug 2016 678,014.32$
Sep 2016 1,373,672.04$
Oct 2016 555,095.86$
Nov 2016 1,453,031.74$
Dec 2016 82,810.97$
Jan 2017 1,491,842.15$
Feb 2017 2,008,667.81$
Mar 2017 1,413,331.31$
April 2017 - Interim 5,226,384.54$
Apr 2017 3,075,943.46$
Total Uses 26,760,400.66
REMAINING CM CONTINGENCY $2,987,212.34
Settlement Agreement - Increase to Contingency $3,466,163.00
REVISED REMAINING CM CONTINGENCY $6,453,375.34
Trade Contract Buyout - 2016
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
MAY ACOUSTI Temporary Walls $1,706,560.00 $84,734.24 $1,791,294.24
MAY ALPHA DEMO Demolition -203,020.00 -10,080.36 -213,100.36
MAY AMERICAN FIRE PROFF Spray Fireproofing -177,812.00 -8,828.73 -186,640.73
MAY BANKER Structural Steel -334,138.00 -16,590.64 -350,728.64
MAY BARING INDUSTRIES Food Service 33,244.00 1,650.63 34,894.63
MAY CAMARATA Masonry -171,200.00 -8,500.43 -179,700.43
MAY CDPW Dewatering -118,399.00 -5,878.76 -124,277.76
MAY DAVID ALLEN Tile -142,590.00 -7,079.89 -149,669.89
MAY DUFFY & LEE Carpet -19,965.00 -991.30 -20,956.30
MAY FORD AV Audio/Visual -10,642.00 -528.40 -11,170.40
MAY HAYWOOD BAKER Soil Stabilization 434,185.00 21,558.18 455,743.18
MAY HONEYWELL Low Voltage -713,361.00 -35,419.85 -748,780.85
MAY HUFCOR Operable Partions -267,272.00 -13,270.61 -280,542.61
MAY ISEC Expansion Joints 160,317.00 7,960.07 168,277.07
MAY JAFFER Dewatering - Wells 1,421.00 70.56 1,491.56
MAY *NASH Dewatering - Underground Utility 95,531.00 4,743.31 100,274.31
MAY NFP Fire Suppression -102,500.00 -5,089.34 -107,589.34
MAY RITE HITE Loading Dock -6,600.00 -327.70 -6,927.70
MAY R&M Structural Concrete 1,115,752.00 55,399.40 1,171,151.40
MAY SPECIFIED ARCH SYS Operable Partions -4,568.00 -226.81 -4,794.81
MAY TECTA Roofing 9,075.00 450.59 9,525.59
MAY TRIDENT Resilient Flooring -25,560.00 -1,269.11 -26,829.11
MAY WON DOOR Operable Doors 5,650.00 280.53 5,930.53
MAY WPM Site Civil 1,164,378.00 57,813.78 1,222,191.78
SUBTOTAL 2,428,486.00 120,579.36 2,549,065.36
JUNE LOUVERS (Nash Mech.)Louvers -433,354.00 -21,516.92 -454,870.92
JUNE WPM Site Civil -429,292.00 -21,315.24 -450,607.24
SUBTOTAL -862,646.00 -42,832.16 -905,478.16
JULY ACOUSTI Temporary Walls 4,480.00 222.44 4,702.44
JULY AERIAL PHOTOGRAPHY INC.Aerial Job Site Photos 43.00 2.14 45.14
JULY GEOSYNTEC Environmental Consultant 5,800.00 287.98 6,087.98
JULY MICHEAL WOOD FDEP Consultant 10,200.00 506.45 10,706.45
JULY MODSPACE Owner Trailer -3,197.00 -158.74 -3,355.74
JULY GOAL ASSOCIATES MOT 46,500.00 2,308.82 48,808.82
JULY SMITH FENCE Fencing -367.00 -18.22 -385.22
JULY TR PERMITTING Permitting 66,000.00 3,277.04 69,277.04
SUBTOTAL 129,459.00 6,427.91 135,886.91
Page 1 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
AUGUST NO CHANGES 0.00 0.00
SUBTOTAL 0.00 0.00 0.00
SEPTEMBER NO CHANGES 0.00 0.00
SUBTOTAL 0.00 0.00 0.00
OCTOBER EVENSTAR Decking 3,000.00 148.96 3,148.96
SUBTOTAL 3,000.00 148.96 3,148.96
NOVEMBER NO CHANGES 0.00 0.00 0.00
SUBTOTAL 0.00 0.00 0.00
DECEMBER HOISTWAY MODIFICATION (3b) Modifications for EL16.02 not used -150,000.00 -7,447.81 -157,447.81
DECEMBER FIREPROOFING Scraping (3c) Related to elevator only -4,571.00 -226.96 -4,797.96
DECEMBER PILING UNBOUGHT (16A) Additional length per GMP Clarification -176,952.00 -8,786.03 -185,738.03
DECEMBER POCKET DOOR (42b) Pocket Door for WON DOOR -5,000.00 -248.26 -5,248.26
DECEMBER SPOIL REMOVAL (16c) Spoil removal for jet grouting -2,500.00 -124.13 -2,624.13
DECEMBER UNDERPINNING (16d) Underpinning for East Concourse -4,000.00 -198.61 -4,198.61
DECEMBER EXISTING STRUCTURE (16e) Monitoring of existing structure -25,000.00 -1,241.30 -26,241.30
DECEMBER DEWATERING EQUIPMENT (19f) Dewatering Equipment Temp Power & Fuel -140,000.00 -6,951.29 -146,951.29
DECEMBER SECONDARY ELEC SERV (84.31) With MEP Subs, from GR to CM -255,000.00 -12,661.28 -267,661.28
DECEMBER OPPORTUNITY TRAILER (84.36d) Moved from GR's to CM -30,000.00 -1,489.56 -31,489.56
DECEMBER ALUMINIUM STEPS (84.36e) Moved from GRs to CM -21,600.00 -1,072.48 -22,672.48
DECEMBER TEMP TRAILER (84.36f) Permitting -10,000.00 -496.52 -10,496.52
DECEMBER TR PERMITTING Permitting -66,000.00 -3,277.04 -69,277.04
SUBTOTAL -890,623.00 -44,221.28 -934,844.28
JANUARY '17 DEWATERING EQUIPMENT (19f) Dewatering Equipment Temp Power & Fuel 140,000.00 6,951.29 146,951.29
JANUARY '17 SECONDARY ELEC SERV (84.31) With MEP Subs, from GR to CM 255,000.00 12,661.28 267,661.28
SUBTOTAL 395,000.00 19,612.57 414,612.57
TOTAL SINCE INCEPTION $1,202,676.00 $59,715.35 $1,262,391.35
Trade Costs
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
MAY BARING INDUSTRIES Temporary Kitchen $321,004.66 $0.00 $321,004.66
MAY *CDPW Cost associated with dewatering due to the tremmie
seal pumping water disposal - Initial set up and
monthly disposals.
186,092.37 9,239.87 195,332.24
MAY *HAYWOOD BAKER Additional costs for soil stabilization at the northwest
Florida Power & Light vault that was unable to be
quanitified at the time of GMP.
23,000.00 1,142.00 24,142.00
MAY *HJ FOUNDATION Additional costs for soil stabilization at the northwest
Florida Power & Light vault that was unable to be
quanitified at the time of GMP.
33,846.80 1,680.56 35,527.36
MAY *HJ FOUNDATION Additional costs for soil stabilization at the northwest
Florida Power & Light vault that was unable to be
quanitified at the time of GMP.
38,823.07 1,927.65 40,750.72
MAY HONEYWELL Building Separation 289,721.73 289,721.73
SUBTOTAL 892,488.63 13,990.08 906,478.71
JUNE ACOUSTI Additional costs for the mechanical fastening of the
insulation due to inability to remove via air
compressors by demo subcontrcator
300,000.00 14,895.62 314,895.62
JUNE ALPHA WRECKING INTERIM FUNDING - costs associated with
extended dump hours, additional demolition or
parapet walls, structural members abd block
removal
420,000.00 20,853.87 440,853.87
JUNE BARRING INDUSTRIES Cost reallocated to GR Life Safety line item -321,004.66 0.00 -321,004.66
JUNE CDPW Cost associated with dewatering due to the tremmie
seal pumping water disposal - monthly expenses
and contaminated water fees.
89,312.00 4,434.53 93,746.53
JUNE HARMON INTERIM FUNDING - Costs associated with the
design and engineering associated with
modifications to the exterior of the building
160,000.00 7,944.33 167,944.33
JUNE HONEYWELL Cost reallocated to GR Life Safety line item -289,721.73 0.00 -289,721.73
JUNE HJ FOUNDATION INTERIM FUNDING - Costs for work in place
associated with the additional piles and ties from the
design completion
141,000.00 7,000.94 148,000.94
JUNE JAFFER INTERIM FUNDING - Costs associated with the 3
additional dewatering required for the project
85,000.00 4,220.43 89,220.43
Page 2 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
JUNE NASH Additional dewatering costs associated with the
temporary FPL ductbank being routed from
Washington Ave to NW FPL Vault
221,426.00 10,994.26 232,420.26
JUNE NASH INTERIM FUNDING - Costs associated with work in
place for replacement of the existing restrooms,
misc material changes to the sanitary, storm and
chilled water systems made during design
completion, and new duct Heaters
500,000.00 24,826.04 524,826.04
JUNE NATIONAL FIRE PROTECTION INTERIM FUNDING - Costs associated with work in
place for the implementation and installation of the
higher density sprinklers requested by the AHJ
400,000.00 19,860.83 419,860.83
JUNE ROBINS & MARTIN INTERIM FUNDING - Costs for completed work for
tremmie seals as requested by CM and rebar
bending; costs for work in place including structural
changes to the vault, shearwalls, footings and
elevated beams.
2,000,000.00 99,304.14 2,099,304.14
SUBTOTAL 3,706,011.61 214,334.98 3,920,346.59
JULY ALPHA WRECKING INTERIM FUNDING - costs associated with
extended dump hours, additional demolition or
330,000.00 16,385.18 346,385.18
JULY ALPHA WRECKING Deletion of scope for the removal of the insulation.-396,962.00 -19,709.99 -416,671.99
JULY CAMARATA Deletion of intregal water repellant per contract -163,000.00 -8,093.29 -171,093.29
JULY FL CIVIL Dewatering permit 23,452.21 1,164.45 24,616.66
JULY XMCDEAN INTERIM FUNDING -FPL ductbank 250,000.00 12,413.02 262,413.02
JULY XMCDEAN INTERIM FUNDING - Costs for completed work for
electrical changes to the FPL vaults and camera
infrastructure.
500,000.00 24,826.04 524,826.04
JULY R&M INTERIM FUNDING - Costs for completed work for
structural changes to the vault, shearwalls, footings
and elevated beams.
700,000.00 34,756.45 734,756.45
JULY WPM / R&M SCOPE CHANGE - Fine grading -766.71 -38.07 -804.78
SUBTOTAL 1,242,723.50 61,703.80 1,304,427.30
AUGUST JAFFER Additional drainage wells - Phase 2 358,500.00 17,800.27 376,300.27
AUGUST TRU-STEEL Miscellaneous metals scope 50,000.00 2,482.60 52,482.60
SUBTOTAL 408,500.00 20,282.87 428,782.87
SEPTEMBER HONEYWELL INTERIM FUNDING - Engineering 200,000.00 9,930.41 209,930.41
SEPTEMBER HONEYWELL INTERIM FUNDING - Equipment 250,000.00 12,413.02 262,413.02
SEPTEMBER ACOUSTI INTERIM FUNDING - Additional drywall scope 500,000.00 24,826.04 524,826.04
SEPTEMBER ALPHA INTERIM FUNDING - credit for moneys paid under
OCO #35 for z-wall scope
-42,821.00 -2,126.15 -44,947.15
SEPTEMBER ALPHA INTERIM FUNDING - additional demo scope 42,821.00 2,126.15 44,947.15
SEPTEMBER R&M SCOPE GAP - Additional labor for floor boxes
formwork
69,998.00 3,475.55 73,473.55
SEPTEMBER BANKER SCOPE CHANGE - Cutting out grating for new AHU 152,037.00 7,548.95 159,585.95
SEPTEMBER NFP/MARDALE SCOPE GAP - Installation for fire extinguisher
cabinets
35,513.00 1,763.29 37,276.29
SUBTOTAL 1,207,548.00 59,957.26 1,267,505.26
OCTOBER R&M Temp work for Art Basel - Transition slab 408,604.00 20,288.03 428,892.03
OCTOBER ACOUSTI Temp work for Art Basel - NW egress tunnel 180,001.30 8,937.44 188,938.74
OCTOBER ACOUSTI Electrical room 1.7.07 build out 18,609.80 924.02 19,533.82
OCTOBER RITE HITE Dock leveler size 1,770.00 87.88 1,857.88
SUBTOTAL 608,985.10 30,237.37 639,222.47
NOVEMBER WPM Import fill for NE helix 79,128.00 3,928.87 83,056.87
NOVEMBER FLORIDA BLACKTOP Temp work for Art Basel - temp asphalt 366,867.42 18,215.73 385,083.15
NOVEMBER TECTA Temp work for Art Basel - waterproofing for metal
deck at north loading dock
73,669.00 3,657.82 77,326.82
NOVEMBER ACOUSTI Temp work for Art Basel - patch & repair throughout 127,553.62 6,333.30 133,886.92
Page 3 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
NOVEMBER ACOUSTI Temp work for Art Basel - temp tunnels for NW
egress
184,843.37 9,177.86 194,021.23
NOVEMBER DASH DOORS Temp work for Art Basel - repair exist. storefront 43,835.87 2,176.54 46,012.41
NOVEMBER ACOUSTI Temp work for Art Basel - temp walls for north
loading dock dry-in
21,530.33 1,069.03 22,599.36
NOVEMBER XMCDEAN Floor box shims 188,643.00 9,366.52 198,009.52
NOVEMBER TECTA Temp work for Art Basel - electrical room 1.07.07
waterproofing
8,997.00 446.72 9,443.72
NOVEMBER JAFFER Scope reduction - base contract -17,000.00 -844.09 -17,844.09
NOVEMBER JAFFER New scope - Additional transport of pile spoils 17,000.00 844.09 17,844.09
NOVEMBER TECTA Temp work for Art Basel - electrical room 1.06.04
waterproofing
5,212.00 258.79 5,470.79
NOVEMBER ALPHA Asbestos abatement 65,452.00 3,249.83 68,701.83
NOVEMBER ALPHA Lead Paint abatement 151,500.00 7,522.29 159,022.29
SUBTOTAL 1,317,231.61 65,403.28 1,382,634.89
DECEMBER CAMARATA Existing conditions - Z wall infil & patching 71,868.00 3,568.40 75,436.40
DECEMBER ALPHA West Concourse - Acceleration 100,000.00 4,965.21 104,965.21
DECEMBER ALPHA Temporary separation - GL-7 125,000.00 6,206.51 131,206.51
DECEMBER ALPHA Hall C/D SOG demo acceleration 100,000.00 4,965.21 104,965.21
DECEMBER EUGENIO PAINTING Temp work for Art Basel - to be voided 23,916.00 1,187.48 25,103.48
DECEMBER MCDEAN Temp work for Art Basel - to be voided 77,123.00 3,829.32 80,952.32
DECEMBER PJ STRIPPING Temp work for Art Basel 2,915.54 144.76 3,060.30
DECEMBER UNDERPOWER Repair of damaged traffic signals Wash Ave 1,938.00 96.23 2,034.23
DECEMBER DUFFY & LEE Temp work for Art Basel - floor prep for carpet 7,431.00 368.96 7,799.96
DECEMBER STAGING CONCEPTS Temp work for Art Basel - infill plexi panels for new
guardrails at east concourse
7,776.00 386.09 8,162.09
DECEMBER EAST COAST METALS Temp work for Art Basel - to be voided 20,600.00 1,022.83 21,622.83
DECEMBER WPM Temp work for Art Basel - subgrade prep for temp
asphalt for loading dock and east sidewalk
192,869.95 9,576.39 202,446.34
DECEMBER AMERICAN FIREPROOFING Temp work for Art Basel - fire proofing shear wall
braces and beam in elec room
24,619.40 1,222.40 25,841.80
DECEMBER TECTA Waterproofing north elec room & FPL vault 35,049.01 1,740.26 36,789.27
DECEMBER DAVID ALLEN Acceleration for AB16 - terrazzo stairs & restrooms
tile instal.
5,783.37 287.16 6,070.53
DECEMBER NFP Replace & repair exist. fire hose & nozzles 7,428.00 368.82 7,796.82
SUBTOTAL 804,317.27 39,936.02 844,253.29
JANUARY MCDEAN Relocation of TC-D3 Telcom Room 75,761.00 3,761.69 79,522.69
JANUARY WPM Fix Storm Box Culvert 4,685.00 232.62 4,917.62
JANUARY OTIS Rembursement to Elevator Pit 2,696.00 133.86 2,829.86
JANUARY DUFFY LEE Remove and reinstall carpet - due to asbestos
removal
8,939.00 443.84 9,382.84
JANUARY ACOUSTI Temp work for Art Basel 23,501.00 1,166.87 24,667.87
JANUARY EAST COAST METALS Temp work for Art Basel - Change Order Not
Executed
-20,600.00 -1,022.83 -21,622.83
JANUARY DECON Rejected Change Order - Lead Paint Abatement 815,476.00 40,490.07 855,966.07
SUBTOTAL 910,458.00 45,206.13 955,664.13
FEBRUARY DECON Rejected Change Order - Lead Paint Abatement 833,128.28 41,366.54 874,494.82
FEBRUARY AMERICAN FIREPROOFING Rejected Change Order - Additional fireproofing on
exisiting members
79,335.06 3,939.15 83,274.21
FEBRUARY GLE ASSOCIATES Asbestos abatement 5,872.50 291.58 6,164.08
FEBRUARY GLE ASSOCIATES Lead abatement 27,537.72 1,367.30 28,905.02
FEBRUARY WPM Fillmore parking modifications 1,405.00 69.76 1,474.76
FEBRUARY WPM Dewatering for MC Dean ductbank 4,931.00 244.83 5,175.83
FEBRUARY WPM Pump Roof Drain Manhole 3,994.00 198.31 4,192.31
FEBRUARY WPM Pump Roof Drain Manhole 5,883.00 292.10 6,175.10
FEBRUARY FLORIDA BLACKTOP Fillmore parking modifications 4,552.00 226.02 4,778.02
FEBRUARY ACOUSTI East Façade Exterior Stucco (810135)312,004.51 15,491.67 327,496.18
FEBRUARY BANKER Fabrication and Installation of Floor Boxes 200,000.00 9,930.41 209,930.41
FEBRUARY BRAZOS Spray Fireproofing - Pending OCO 83,000.00 4,121.12 87,121.12
FEBRUARY EUGENIO PAINTING Temp work for Art Basel - Dec C/O to be voided -23,916.00 -1,187.48 -25,103.48
FEBRUARY MCDEAN Temp work for Art Basel - Dec C/O to be voided -77,123.00 -3,829.32 -80,952.32
FEBRUARY CAMARATA December amount adjusted - correct typo -300.00 -14.90 -314.90
FEBRUARY JAFFER Correction - November CO reversal was incorrectly
listed - C/O to subcontractor was issued.
17,000.00 844.09 17,844.09
FEBRUARY JAFFER Scope Reducion -24,000.00 -1,191.65 -25,191.65
FEBRUARY FLORIDA CIVIL Dewatering plan modification 9,202.00 456.90 9,658.90
FEBRUARY BANKER East façade acceleration 150,338.00 7,464.59 157,802.59
FEBRUARY BANKER Supply floor opening penetration north addition 100,000.00 4,965.21 104,965.21
SUBTOTAL 1,712,844.07 85,046.26 1,797,890.33
MARCH BRAZOS Scope Change - Interim Funding -83,000.00 -4,121.12 -87,121.12
MARCH CAMARATA Z-Wall Infills & Patching 5,309.00 263.60 5,572.60
MARCH ACOUSTI Temp work for Art Basel 8,765.10 435.21 9,200.31
Page 4 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
MARCH ACOUSTI East Concourse - Unforseen conditions 88,210.00 4,379.81 92,589.81
MARCH DECON Lead abatement 219,342.00 10,890.78 230,232.78
MARCH EAST COAST METALS Temp work for Art Basel 20,600.00 1,022.83 21,622.83
MARCH BANKER Supply Floor opening penetration - N. Addition 133,253.00 6,616.29 139,869.29
MARCH BANKER CM RFI 2575 Beam @ Level 3 4,608.00 228.80 4,836.80
MARCH BANKER CM - RFI 2617 East Façade Plates 7,804.00 387.48 8,191.48
MARCH NFP Settlement - Reverse Interim Funding (June)-400,000.00 -19,860.83 -419,860.83
MARCH NFP Settlement - CM Contribution 600,415.00 29,811.85 630,226.85
MARCH NASH Settlement - Reverse Interim Funding (June)-721,426.00 -35,820.30 -757,246.30
MARCH NASH Settlement - CM Contribution 1,260,871.89 62,604.90 1,323,476.79
MARCH HJ Foundation Plant fee for opening 1,150.00 57.10 1,207.10
SUBTOTAL 1,145,901.99 56,896.41 1,202,798.40
APRIL - Interim NASH Settlement - CM Contribution - Settlement correction -59,643.89 -2,961.44 -62,605.33
APRIL - Interim NFP Settlement - CM Contribution - Settlement correction -28,402.18 -1,410.23 -29,812.41
APRIL - Interim ALPHA Settlement - Reverse Interim Funding (June)-420,000.00 -20,853.87 -440,853.87
APRIL - Interim ALPHA Settlement - Reverse Interim Funding (July)-330,000.00 -16,385.18 -346,385.18
APRIL - Interim ALPHA Settlement - CM Contribution 285,709.00 14,186.04 299,895.04
APRIL - Interim WPM Settlement - Reverse Interim Funding (Jan)-4,685.00 -232.62 -4,917.62
APRIL - Interim WPM Settlement - Reverse Interim Funding (Feb)-5,883.00 -292.10 -6,175.10
APRIL - Interim WPM Settlement - Reverse Interim Funding (Dec)-192,869.95 -9,576.39 -202,446.34
APRIL - Interim WPM Settlement - Reverse Interim Funding (Feb)-4,931.00 -244.83 -5,175.83
APRIL - Interim WPM Settlement - CM Contribution 814,668.00 40,449.95 855,117.95
APRIL - Interim R&M Settlement - Reverse Interim Funding (July)-700,000.00 -34,756.45 -734,756.45
APRIL - Interim R&M Settlement - Reverse Interim Funding (June)-2,000,000.00 -99,304.14 -2,099,304.14
APRIL - Interim R&M South FP&L Vault - Added Mat for Footing & Walls 94,098.00 4,672.16 98,770.16
APRIL - Interim R&M Settlement - CM Contribution 2,408,478.00 119,585.92 2,528,063.92
APRIL - Interim CAMARATA Temporary work for Art Basel 16 1,806.31 89.69 1,896.00
APRIL - Interim CAMARATA Settlement - Reverse Interim Funding (April)-1,806.31 -89.69 -1,896.00
APRIL - Interim CAMARATA Settlement - Reverse Interim Funding (March)-5,309.00 -263.60 -5,572.60
APRIL - Interim CAMARATA Settlement - CM Contribution 331,166.00 16,443.08 347,609.08
APRIL - Interim CM Fee Settlement - Change Order 34 6,000.00 297.91 6,297.91
APRIL - Interim CM Fee/Banker Settlement - Change Order 43 96,710.00 4,801.85 101,511.85
APRIL - Interim Banker Settlement - CM Contribution 3,712,187.00 184,317.77 3,896,504.77
APRIL - Interim TruSteel Settlement - CM Contribution 71,953.00 3,572.62 75,525.62
APRIL - Interim American Fireproofing Settlement - CM Contribution 34,622.00 1,719.05 36,341.05
APRIL - Interim Agyle Settlement - CM Contribution 301,060.00 14,948.25 316,008.25
APRIL - Interim OTIS Elevator 16.02 pit fill - Reclassed to CM from
Allowance
2,696.00 133.86 2,829.86
APRIL - Interim Eugenio Settlement - CM Contribution 53,589.00 2,660.80 56,249.80
APRIL - Interim SAS Settlement - CM Contribution 40,441.00 2,007.98 42,448.98
APRIL - Interim Honeywell Settlement - Reverse Interim Funding (Sept)-450,000.00 -22,343.43 -472,343.43
APRIL - Interim Honeywell Settlement - CM Contribution 873,073.00 43,349.88 916,422.88
APRIL - Interim HJ Foundation Settlement - Reverse Interim Funding (June)-141,000.00 -7,000.94 -148,000.94
APRIL - Interim HJ Foundation Settlement - Reverse Interim Funding (March)-1,150.00 -57.10 -1,207.10
APRIL - Interim HJ Foundation Settlement - CM Contribution 119,311.00 5,924.04 125,235.04
APRIL - Interim HAYWARD BAKER Settlement - CM Contribution 77,272.00 3,836.71 81,108.71
SUBTOTAL 4,979,158.98 247,225.56 5,226,384.54
APRIL EAST COAST METALS Settlement - Reverse CM Contribution (March) -20,600.00 -1,022.83 -21,622.83
APRIL EAST COAST METALS Settlement - CM Contribution 112,897.00 5,605.57 118,502.57
APRIL Staging Concepts Settlement - CM Contribution 36,127.00 1,793.78 37,920.78
APRIL Tecta Settlement - CM Contribution 118,919.00 5,904.57 124,823.57
APRIL ISEC Settlement - CM Contribution 60,212.00 2,989.65 63,201.65
APRIL Harmon Settlement - Reverse Interim Funding (June)-160,000.00 -7,944.33 -167,944.33
APRIL Harmon Settlement - CM Contribution 782,755.00 38,865.41 821,620.41
APRIL Acousti Settlement - Reverse CM Contribution (Sept) -500,000.00 -24,826.04 -524,826.04
APRIL Acousti Settlement - Reverse CM Contribution (March) -23,501.00 -1,166.87 -24,667.87
APRIL Acousti Settlement - Reverse CM Contribution (Feb) -312,005.00 -15,491.69 -327,496.69
APRIL Acousti Settlement - CM Contribution 1,655,829.00 82,215.34 1,738,044.34
APRIL MCDean Settlement - Reverse CM Contribution (July & Nov)-938,643.00 -46,605.57 -985,248.57
APRIL MCDean Settlement - CM Contribution 2,108,923.00 104,712.39 2,213,635.39
APRIL Trident CM Interim Funding - CCD 21 - Kitchen Floor 30,000.00 1,489.56 31,489.56
APRIL Arazoza Settlement - CM Contribution -20,472.00 -1,016.48 -21,488.48
SUBTOTAL 2,930,441.00 145,502.46 3,075,943.46
TOTAL SINCE INCEPTION $21,866,609.76 $1,085,722.46 $22,952,332.22
Page 5 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
General Requirements
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
MAY GEOSYNTEC DERM approval $57,690.75 $2,864.47 $60,555.22
SUBTOTAL 57,690.75 2,864.47 60,555.22
JUNE LIFE SAFETY Costs associated with the separation and life safety
costs
500,000.00 24,826.04 524,826.04
SUBTOTAL 500,000.00 24,826.04 524,826.04
JULY ACOUSTI Procurement realocation from CM cont. for
temporary wall
132,953.01 6,601.39 139,554.40
JULY BISCAYNE ENGINEERING Procurement realocation from CM cont. for
Surveying - Increase Contract
75,000.00 3,723.91 78,723.91
JULY GEOSYNTEC Procurement realocation from CM cont. for NPDES
permits
13,348.06 662.76 14,010.82
JULY GEOSYNTEC Procurement realocation from CM cont. for NPDES
permits
88,355.59 4,387.04 92,742.63
JULY HURRICANE PROTECTION Procurement realocation from CM cont. for
Hurricane Preparation
50,000.00 2,482.60 52,482.60
JULY MICHEAL WOOD Procurement realocation from CM for FDEP permits 3,192.90 158.53 3,351.43
JULY MODSPACE Procurement realocation from CM for Owner Trailer 30,893.69 1,533.94 32,427.63
JULY OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
320,922.14 15,934.45 336,856.59
JULY OWNER - Fentress Architects
Onsite Visits
CM expense for additional Design Team site visits
and alternate design configurations
148,000.00 7,348.51 155,348.51
SUBTOTAL 862,665.39 42,833.12 905,498.51
AUGUST BISCAYNE ENGINEERING Procurement realocation from CM for additional
Surveying - contract increase
150,000.00 7,447.81 157,447.81
AUGUST VALLEY FIELD Cost for the repair of damaged irrigation lines at
Filmore
1,538.00 76.36 1,614.36
AUGUST OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
-320,922.14 -15,934.45 -336,856.59
AUGUST OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
370,138.10 18,378.12 388,516.22
AUGUST BRAND ENERGY Procurement realocation from CM for scaffolding 35,689.00 1,772.03 37,461.03
AUGUST OWNER - Fentress Architects
Onsite Visits
CM expense for additional Design Team site visits
and alternate design configurations - ERROR
-148,000.00 -7,348.51 -155,348.51
AUGUST OWNER - Fentress Architects
Onsite Visits
CM expense for additional Design Team site visits
and alternate design configurations - ACTUAL
148,999.00 7,398.11 156,397.11
SUBTOTAL 237,441.96 11,789.49 249,231.45
SEPTEMBER OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
-370,138.10 -18,378.12 -388,516.22
SEPTEMBER OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
391,261.00 19,426.92 410,687.92
SEPTEMBER MICHEAL WOOD Procurement realocation from CM for FDEP permits 10,080.00 500.49 10,580.49
SEPTEMBER BRAND ENERGY Procurement realocation from CM for scaffolding -35,689.00 -1,772.03 -37,461.03
OCTOBER ACOUSTI Temp exterior impact partition - GR 87,060.84 4,322.75 91,383.59
SEPTEMBER GLE Haz-mat survey west concourse 18,570.00 922.04 19,492.04
SUBTOTAL 101,144.74 5,022.05 106,166.79
OCTOBER GLE Haz-Mat survey west concourse -18,570.00 -922.04 -19,492.04
OCTOBER OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
-391,261.00 -19,426.92 -410,687.92
OCTOBER OWNER COST Realocation from CM for Life Safety expenses (ie
Fire Watch)
401,877.54 19,954.05 421,831.59
OCTOBER ACOUSTI Temp exterior impact partition - GR -87,060.84 -4,322.75 -91,383.59
OCTOBER ACOUSTI Credit for Bond Rate Adjustment -431.00 -21.40 -452.40
OCTOBER ACOUSTI Hurricane Matthew Preparation - October 16 12,298.16 610.63 12,908.79
SUBTOTAL -83,147.14 -4,128.43 -87,275.57
NOVEMBER ACOUSTI Hurricane Matthew Preparation - October 16 -12,298.16 -610.63 -12,908.79
NOVEMBER HURRICANE PROTECTION Additional funds for Hurricane Protection 15,000.00 744.78 15,744.78
NOVEMBER HURRICANE PROTECTION Additional funds for Hurricane Protection 16,000.00 794.43 16,794.43
Page 6 of 7
EXHIBIT B1
MONTH SUBCONTRACTOR DESCRIPTION AMOUNT MARK-Ups*TOTAL COST
NOVEMBER SCAFFOLDING SHRINKWRAP Temp work for Art Basel - Engineering for NE
egress tunnel
2,875.00 142.75 3,017.75
NOVEMBER SCAFFOLDING SHRINKWRAP Extended rental for East Concourse 33,535.00 1,665.08 35,200.08
NOVEMBER SCAFFOLDING SHRINKWRAP Adjustments to East Concourse 11,955.00 593.59 12,548.59
SUBTOTAL 67,066.84 3,330.01 70,396.85
DECEMBER EVENTSTAR Temp work for Art Basel - metal stairs 56,828.00 2,821.63 59,649.63
DECEMBER HURRICANE PROTECTION Additional funds/NASH 20,000.00 993.04 20,993.04
DECEMBER HURRICANE PROTECTION Additional funds for Hurricane Protection 15,000.00 744.78 15,744.78
DECEMBER GEOSYNTEC Environmental Consultant 8,545.00 424.28 8,969.28
DECEMBER OWNER COST Reallocation from CM for Life Safety expenses (ie
Fire Watch)
-401,877.54 -19,954.05 -421,831.59
DECEMBER OWNER COST Reallocation from CM for Life Safety expenses (ie
Fire Watch)
464,173.00 23,047.15 487,220.15
DECEMBER TRUSTEEL Temporary Bracing 2,531.00 125.67 2,656.67
SUBTOTAL 165,199.46 8,202.50 173,401.96
JANUARY OWNER COST Reallocation from CM for Life Safety expenses (ie
Fire Watch)
-464,173.00 -23,047.15 -487,220.15
JANUARY OWNER COST Reallocation from CM for Life Safety expenses (ie
Fire Watch)
509,844.00 25,314.81 535,158.81
JANUARY FPL/FILMORE VAULT Vault upgrade at Fillmore 70,144.00 3,482.79 73,626.79
SUBTOTAL 115,815.00 5,750.45 121,565.45
FEBRUARY OPTIKA Misc Invoices - Art Basel 2016 9,588.00 476.06 10,064.06
FEBRUARY OWNER - Fentress Architects
Onsite Visits
CM expense for additional Design Team site visits
and alternate design configurations
112,649.00 5,593.26 118,242.26
FEBRUARY GLE October - GLE correction no credit was given 18,570.00 922.04 19,492.04
This is GLE Base Contract
FEBRUARY Hurricane Protection Credit for monies not used -15,000.00 -744.78 -15,744.78
FEBRUARY TRUSTEEL Rein. Existing Catwalk Grating 75,000.00 3,723.91 78,723.91
SUBTOTAL 200,807.00 9,970.48 210,777.48
MARCH BISCAYNE ENGINEERING Survey - Contract increase 135,574.00 6,731.53 142,305.53
MARCH Walter P Moore Weekly site visits 65,000.00 3,227.38 68,227.38
SUBTOTAL 200,574.00 9,958.91 210,532.91
TOTAL SINCE INCEPTION $2,425,258.00 $120,419.08 $2,545,677.08
TOTALS
Buyout $1,202,676.00 $59,715.35 $1,262,391.35
Trade Costs 21,866,609.76 1,085,722.46 22,952,332.22
General Requirements 2,425,258.00 120,419.08 2,545,677.08
Total CM Contingency Use $25,494,543.76 $1,265,856.90 $26,760,400.66
* Mark ups include insurance, bond and CM fees.
**May amounts are $156,070 lower than reported in May due to the reconciliation/audit process.
Page 7 of 7
EXHIBIT B2
Miami Beach Convention Center Expansion & Renovation Project
Owner's Contingency Report
Through April 30, 2017
SUMMMARY
ORIGINAL OWNER'S CONTINGENCY $35,000,000.00
MODIFICATIONS (ADDS)
Bond offering additional proceeds $147,449.00
Total Modifications $147,449.00
USES
Jun 2016 4,630.28$
Jul 2016 -$
Aug 2016 29,967.01$
Sep 2016 -$
Oct 2016 2,518,080.00$
Nov 2016 (96,710.00)$
Dec 2016 179,685.00$
Jan 2017 794,486.36$
Feb 2017 (58,386.11)$
Mar 2017 4,321,164.06$
Apr 2017 16,125,998.94$
Total Use 23,818,915.54$
TOTAL CONTINGENCY USE ($23,671,466.54)
REMAINING OWNER'S CONTINGENCY $11,328,533.46
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 - (148,999.00)
1
June
34
Deductive change order against's CM's fee for design
remediation work - (6,000.00)
2
June 35 Additional fire rated 2nd floor service corridor wall 107,849.83 5,354.97 113,204.80
June 36 Additional construction fence panels 44,228.45 2,196.03 46,424.48
SUBTOTAL 152,078.28 7,551.00 4,630.28
August 40 New 8” sanitary sewer line on Washington Avenue 28,549.47 1,417.54 29,967.01
SUBTOTAL 28,549.47 1,417.54 29,967.01
October N/A US Cost - GMP Reconciliation 945,080.00
October N/A Permit & Plan Reviews 855,000.00
October N/A Design Miami 2016 - Generators 408,000.00
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)287,800.00
October N/A Spectra - Cost associated with relocation of the warehouse
equipment 22,200.00
SUBTOTAL - - 2,518,080.00 3
November 43
Clark / Banker backcharge for additional structural
engineering services approved for Fentress in Amendment
20.(96,710.00)
SUBTOTAL - - (96,710.00) 3
December N/A Design budget adjustment to increase Fentress PO through
Amendment 23. 179,685.00
SUBTOTAL - - 179,685.00 3
January N/A Design budget adjustment to increase Fentress PO through
Amendment 24 18,625.00 3
January 52 Additional cost of generator 319,160.50 15,846.98 335,007.48
January 57 Honeywell Interim Funding 420,000.00 20,853.88 440,853.88
SUBTOTAL 739,160.50 36,700.86 794,486.36
Page 1 of 2
EXHIBIT B2
MONTH CHANGE ORDER #DESCRIPTION Trade Cost Mark-ups AMOUNT
February 54 Clark backcharge for additional structural engineering
services required due to non-conforming work (20,000.00)
February 55
Clark backcharge for extra design team site visits and
additional structural engineering design changes requested
by Clark (112,649.00)
February 56 Switchgear replacement due to arc flash incident 70,750.00 3,512.89 74,262.89
SUBTOTAL 70,750.00 3,512.89 (58,386.11)
March 58 Nash - GMP Reconciliation 2,729,128.11 198,112.05 2,927,240.16
March 61 NFP - GMP Reconciliation 1,299,584.82 94,339.08 1,393,923.90
SUBTOTAL 4,028,712.93 292,451.13 4,321,164.06
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 Deductive change order for p-lot park allowance (10,000,000)- (10,000,000)
April 66 GMP Reconciliation 37,627,222 1,808,836 39,436,058
April 67 GMP Reconciliation - Balance remaining 1,037,626 - 1,037,626
April N/A Clark Pre-Construction Services fee reduction - used
towards GMP Reconciliation (1,037,629)
April N/A Reimbursement for Design Miami expenses - (408,000)
April N/A Reimbursement for temporary FPL ductbank required for
Art Basel 2016 - (148,726)
April N/A Reimbursement for Spectra operating/moving costs - (518,000)
April N/A Remove additional allocation previously added to FF&E (250,000)
April N/A Remove additional allocation previously added to raise Carl
Fisher Clubhouse (1,000,000)
April N/A Reimbursement for Stormwater Culvert / Road Raising per
Resolution 2017-29829 (4,513,591)
April N/A Reibursement for re-roofing existing building (1,689,254)
April N/A Reimbursement for temporary kitchen trailer per Resolution
2017-29830 (76,267)
April N/A Reimbursement for temporary partition per Resolution 2017-
29830 (1,010,500)
April N/A Reimbursement for temporary work needed for Art Basel
2016 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 3
April N/A Design budget adjustment to increase Fentress PO through
Amendment 26 27,610 3
April N/A Cost estimating budget reduction (302,202)
April N/A Budget reduction for miscellaneous (Other) costs (1,597,542)
SUBTOTAL 24,636,135.07 1,516,384.87 16,125,998.94
TOTAL SINCE INCEPTION 29,655,386.25 1,858,018.29 23,818,915.54
1. Credit to Owner Contingency from CM Contingency in month of August.
2. Credit to Owner Contingency from CM Fee.
3. Budget transfer for Owner Expenses.
Page 2 of 2
To Date:
From Date:10/1/2015
To Date:4/30/2017
Area
% of Total
Workers
Total Hours
Worked
% of Total
Hours
Worked
Zip Lists
Miami Beach 1.01 %18,816 1.23 %
Miami Dade County 61.97 %837,024 54.52 %
Employees Not In Specified Zip Lists 37.01 %679,351 44.25 %
Demographic Profile
African American 18.91 %228,639 14.89 %
Native American 0.19 %3,758 0.24 %
Asian 0.29 %3,430 0.22 %
Hispanic 42.35 %642,800 41.87 %
Caucasian 12.91 %177,805 11.58 %
Other 25.36 %478,759 31.19 %
Male 96.75 %1,497,119 97.52 %
Female 3.25 %38,071 2.48 %
Total Employees 1,535,1903,750
3,628
122
951
1,588
484
7
11
709
2,324
1,388
38
EXHIBIT C
LOCAL WORKER UTILIZATION REPORT
Total
Number of
Workers
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
Miami Beach Convention Center Renovation Project
April 2017 - Media Report
Posted to Facebook - Published April 3, 2017
Social Media Posts for April 2017
Posted to Facebook - Published April 12, 2017
Posted to Facebook - Published April 12, 2017
Posted to Facebook - Published April 13, 2017
EXHIBIT D
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
Posted to Facebook - Published April 24, 2017
Posted to Facebook - Published April 24, 2017
Posted to Twitter - Published April 3, 2017
Posted to Twitter - Published April 4, 2017
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
Posted to Twitter - Published April 11, 2017
Posted to Twitter - Published April 12, 2017
Posted to Twitter - Published April 13, 2017
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
Newsletter & Infographic: Sent via E-blast
Sent via E-blast - Published April 4, 2017
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
APRIL 7, 2017 - Newsletter
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
APRIL 7, 2017 - Newsletter
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
APRIL 14, 2017 - Newsletter
City of Miami Beach | 1700 Convention Center Drive Miami Beach, FL 33139 | 305.673.7010 | www.mbccfuture.com
APRIL 21, 2017 - Newsletter