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Design Development Estimate New Lower Merion High School Lower Merion School District. Assumptions and Qualifications Construction Costs include Structure and Site. Soft Costs are not included in the Structure/Site Costs. Based on a
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1. Copyright 2003 Foreman Architects Engineers LOWER MERION HIGH SCHOOLLower Merion School DistrictArdmore, Pennsylvania Design Development Cost Estimate
ACT 34 Maximum Project Cost
Not-To-Exceed Budget
23 July 2007
3. Design Development Cost Estimate SummaryNew Lower Merion High School – Lower Merion School District
4. Estimated Project Soft Costs SummaryNew Lower Merion High School – Lower Merion School District
5. Total Estimated Project CostsConstruction and Soft Costs (Bid 11/07)
6. Reconciliation with Plancon Part DCapitalized Interest & Associated Fees Description
Building & Site Construction & Soft Costs $105,022,692
Capitalized Interest & Associated Fees $ 2,166,255
Total ACT 34 Project Costs $107,188,947
7. Total Project Cost ComparisonNew Lower Merion High School Lower Merion School District Construction and Soft Costs
March 2006 July 2007
Building Construction Costs $ 83,900,000 $ 88,356,761
Construction Contingency 4,100,000 3,000,000
Building Construction Costs 88,000,000 91,356,761
Soft Costs 14,685,400 13,665,931
Subtotal Building & Soft Cost 102,685,400 105,022,692
PDE-3074 Projects 4,300,000 3,382,335
PDE-3074 ProjSoft Costs 0 247,192
Asbestos Abatement & Fees 1,314,600 1,314,600
Total Project Costs $108,300,000 $109,966,819
8. Total Project Cost ComparisonNew Lower Merion High School Lower Merion School District Construction and Soft Costs
Construction Cost Increase $4,456,761
Soft & Other Project Costs Decrease ($1,689,942)
Professional Consultant Fees and Expenses $1,690,508
Quality Control Quality Assurances Fees $ 210,000
Insurance, Legal, Bonding & Financial Expenses $ 70,000
Lower Merion Township Fees ($ 8,130)
Fixed Furniture & Equipment Costs $ 0
Site Test Borings and Surveys $ 51,650
LMSD Move-In Expenses $ 0
Architectural Printing and Shipping $ 31,503
Temporary Modular Classrooms ($1,500,000)
Temporary Sports Bubble & Locker Rooms ($1,600,000)
PDE-3074 Projects ($ 670,473)
Miscellaneous Fees and Expenses $ 35,000)
Construction Contingency Decrease ($1,100,000)
Total Variance $1,666,819