HomeMy WebLinkAboutC.054.93011_0560identifies all work that we believe necessary to bring a building up to a level which we
would consider very good to excellent condition. This level is maintained at each
school so that all schools are as equal as possible. (An example of this would be
lighting levels in classrooms.) Some portions of the work we recommend may already
be on a schedule or within a budget to be done. We have found it best to identify all
work we see is needed in our report. Any items which are already planned can be
easily deducted from the cost we included.
We also identify code issues which may be interpreted differently by others and
therefore not enforced. If we believe an issue could result in an expense, we include
that issue in our projected costs.
The project costs included in the report that are used are all inclusive. All design fees,
construction, testing, surveying, furniture, equipment, demolition, land, transitional
space, and reasonably anticipated permits are included. The project costs have been
escalated on projects that are anticipated to bid after December 2005.
In 2004, construction costs increased at a much higher rate than the historical average.
The global construction market and higher petroleum costs were the prime causes. The
market remains unsettled to the point that we cannot predict with confidence how the
construction costs will change during the duration of this program.
The cost of Phase One is projected to be $116,893,129. The cost per school in Phase
One is included as Page 3. A detailed breakdown of cost for each school is included in
the final report dated February 15, 2005. This cost may be broken down into:
New Construction $ 80,881,290
Renovations $ 9,166,731
Transitional Classrooms Renovations $ 1,610,000
Program Contingency $ 4,960,737
Non -Construction Costs $ 11,380,338
Land $ 4,700,000
Escalation $ 4.194, 033
TOTAL $116,893,129
One of the tasks we have during a facility study is to determine at what point do we
recommend that a school be replaced rather than renovated and/or expanded. The
most widely used method of this determination is the 70% Rule. The 70% Rule
establishes that if the cost of renovations and additions exceeds 70% of the cost of a
new school of the same size, it is more prudent to replace the school. For that reason,
we recommend replacing Statesville High School, N.B. Mills Elementary School, and
Mount Mourne Elementary School and utilizing the existing schools in alternative ways.
N.B. MILLS ELEMENTARY SCHOOL $ 11, 794, 781
Combine with Monticello
New Elementary School
RenovationlAdditions costs exceeded the 70% rule.
MOUNT MOURNE ELEMENTARY SCHOOL $ 11, 794, 781
New Elementary School
Renovation/Additions costs exceeded the 70% rule.
SHARON ELEMENTARY SCHOOL $ 5,830,601
General renovations and additions
TROUTMAN ELEMENTARY SCHOOL $ 9,056,225
General renovations and additions