CMR Contract Negotiation SlidesRequest approval to execute the
Construction Manager At Risk Agreement
with Clark Construction Group pursuant to
RFP No. 2015-129-ME, for the Miami Beach
Convention Center Renovation and
Expansion Project
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•CMR Pre GMP Fees
•CMR Fees
•Design Development
Complete
•$500.3m GMP
May Oct
$450m± Competitive Bidding
Feb July Aug
•DD Cost Estimate
•Preliminary GMP
•100% Core & Shell CDs
•65% CDs overall •100% CDs
Proposed Negotiated Savings
Staffing $2,424,269 $2,167,898 -$256,371
Expenses 530,530 326,175 -204,355
Fee 715,000 100,000 -615,000
Subtotal 3,669,799 2,594,073 -1,075,726
Demobilization * 0 400,000 400,000
Total $3,669,799 $2,994,073 -$675,726
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* Only Paid if do not reach agreement on GMP Amendment.
Year Opened Const. Cost Fee
Miami Marlins Ballpark Hunt/Moss JV 2012 $620m 3.15%
Miami Science Museum Suffolk Current $109m 3.5%
Boston Conv. & Expo Center Clark/Hubert Hunt 2004 $463m < 3.95%
Amway Center Orlando Hunt 2010 $480m < 4%
Orlando Performing Arts Center Balfour Beatty 2014 $200m < 4%
Orlando Phase V Hunt/Clark JV 2003 $520m 4%
Phoenix CC Expansion Hunt 2008 $552m 4%
Music City Center Nashville Clark 2013 $372m 4.25%
McCormick Place HQ Hotel Clark Current $335m 4.50%
McCormick Place Events Center Clark Current $142m 5.25%
MIA South Terminal Parsons-Odebrecht 2007 $840m 6%
MIA North Terminal Parsons-Odebrecht 2014 $1,450m 6%
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Initial proposal: 3.95% ($19.0m)
Budgeted $14.6m, incremental costs to be funded by construction contingency
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Request approval to execute the
Construction Manager At Risk Agreement
with Clark Construction Group pursuant to
RFP No. 2015-129-ME, for the Miami Beach
Convention Center Renovation and
Expansion Project
7