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LOWER MERION HIGH SCHOOL Lower Merion School District Ardmore, Pennsylvania

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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LOWER MERION HIGH SCHOOL Lower Merion School District Ardmore, Pennsylvania

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    1. Copyright 2003 Foreman Architects Engineers LOWER MERION HIGH SCHOOL Lower Merion School District Ardmore, Pennsylvania Design Development Cost Estimate ACT 34 Maximum Project Cost Not-To-Exceed Budget 23 July 2007

    3. Design Development Cost Estimate Summary New Lower Merion High School – Lower Merion School District

    4. Estimated Project Soft Costs Summary New Lower Merion High School – Lower Merion School District

    5. Total Estimated Project Costs Construction and Soft Costs (Bid 11/07)

    6. Reconciliation with Plancon Part D Capitalized 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 Comparison New 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 Comparison New 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

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