SUBJECT
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Guaranteed Maximum Price (GMP-3) for the Southeast Wellfield Water Production Facility (Action)
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DESCRIPTION
GMP-3 consists of the water production facility, production well site improvements, and raw water transmission main construction. Bid documents were based on the value engineering recommendations incorporated into the project at the 60% design milestone. Twelve (12) bid packages were developed by the Construction Manager-at-Risk (Florida Water Partners) to promote competition based on the various trades required to construct the project. The bid packages were advertised on September 8, 2024 with an original bid due date of October 24, 2024. The bid due date was subsequently extended to November 21, 2024 to allow additional time for bidder participation.
Bids were evaluated based on a number of factors, including price, qualifications, conformance with design requirements, delivery lead time, and warranty/service terms. After analysis of the bids and discussions between PRWC staff, Florida Water Partners and TeamOne, the total Guaranteed Maximum Price proposal for GMP-3 is $214,454,324, inclusive of contingency, general conditions, bonds, insurance, and an 8% construction fee. This represents a 4.2% reduction in the cost as compared to the 90% construction estimate of $223,785,551. Construction of the water production facility is expected to commence in March 2024 with substantial completion in September 2028. The GMP-3 proposal is attached as Exhibit A.
RECOMMENDATION
Request Board approve the Guaranteed Maximum Price (GMP-3) for the Water Production Facility, Production Well Sites, and Raw Water Transmission System.
FISCAL IMPACT
GMP-3 results in a fiscal impact of $214,454,324. The EPA WIFIA loan (WIFIA ID - 19139FL) and SWFWMD Grant 20CF0003424 will be used to pay the costs to construct this portion of the project.
CONTACT INFORMATION
Mark Addison