Amendment to Standard Form of Agreement



 Exhibit 10.214 
  
 AMENDMENT NO. 1 
  
 Pursuant to Section 2.2.8 of that certain Standard Form of Agreement Between Owner and Construction Manager (A1A Document A121 CMc - 2003) by and
between River Ventures, LLC (“Owner”) and Bovis Lend Lease, Inc. (“Construction Manager”) dated August 30, 2005 (“Contract”), the attached Guaranteed Maximum Price (“GMP”) dated April 28, 2005, with
a GMP Update dated August 11, 2005, is hereby incorporated by reference into the Contract. 
  
 The signatures below confirm and approve the incorporation of this Amendment No. 1 into the Contract. 
  

									
	 OWNER:
	 	 	 	CONSTRUCTION MANAGER:
			
	 RIVER VENTURES, LLC
	 	 	 	 BOVIS LEND LEASE, INC.

					
	 By:
	 	  

	 	 	 	 By:
	 	  


	 Name:
	 	  

	 	 	 	 Name:
	 	 Brad Eller

	 Title:
	 	  

	 	 	 	 Title:
	 	 Senior Vice-President

	 Date:
	 	  

	 	 	 	 Date:
	 	 November 10, 2005









 Foundation GMP Update 
  
 PPD Headquarters Building 
 Wilmington, NC 
  
 August 11, 2005 







 PPD Corporate Headquarters 
 Foundation GMP Update 
 Wilmington, NC 
  
 Foundation GMP Update 
  
 Bovis Lend Lease is pleased to present the update to the Foundation GMP for the PPD Headquarters Building in Wilmington, NC. The update is based on our GMP submittal of April 28, 2005 and the additional
clarifications presented in this document. 
  
 The revised GMP cost is
$10,629,592 or $91.24/sf is based upon 116,506sf of Parking Deck. The cost difference between this GMP update and the April submission are the Pending Change Orders to date that we were requested to incorporate. These include increases for
foundation redesign and rock excavation as well as deducts for dewatering, retaining walls, imported fill, and the subdrainage system. See the attached estimate and recap for further detail. 
  
 This update includes a deduct of $240,000 for the retaining wall allowance. That scope of
work is in the Core and Shell GMP but the credit has been included within this foundation update to stay consistent with discussions at the jobsite. If this credit becomes part of the Foundation GMP, there will be no credit for it under the Core and
Shell GMP.  








									
	 Project Name:
	  	PPD HEADQUARTERS BUILDING	  	Date: August 11, 2005
	 Location:
	  	Wilmington, NC	  	S. F. Project Area:	  	116,506
	 	  	Foundation GMP Update	  	Project Number:	  	24401100
	 Estimate No
	  	3	  	 	  	 	  	 

  

																
	 CSI
 DIVISION

	  	 DESCRIPTION

	  	 	 	 	Current
Projected Cost

	  	 COST/
 SQFT

	  	% of Total

	 
	 02
	  	Site Work	  	 	 	 	 	$	4,417,947	  	$	37.92	  	41.56	%
	 03
	  	Concrete	  	 	 	 	 	$	4,350,720	  	$	37.34	  	40.93	%
	 04
	  	Masonry	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 05
	  	Metals	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 06
	  	Woods & Plastics	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 07
	  	Thermal & Moisture Protection	  	 	 	 	 	$	168,872	  	$	1.45	  	1.59	%
	 08
	  	Doors and Windows	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 09
	  	Finishes	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 10
	  	Specialties	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 11
	  	Equipment	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 12
	  	Furnishings	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 13
	  	Special Construction	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 14
	  	Conveying	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 15
	  	Mechanical Systems	  	 	 	 	 	$	124,720	  	$	1 07	  	1.17	%
	 16
	  	Electrical Systems	  	 	 	 	 	$	111,510	  	$	0.96	  	1.05	%
	 	  	 	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 	  	 	  	 	 	 	 	
	
	  	
	
	  	
	

	 Total Direct Cost
	  	 	 	 	 	$	9,173,769	  	$	78.74	  	86.30	%
	 	  	 	  	 	 	 	 	
	
	  	
	
	  	
	

	 Subtotal
	  	 	  	 	 	 	 	$	9,173,769	  	$	78.74	  	86.30	%
	 	  	 	  	 	 	 	 	
	
	  	
	
	  	
	

	 General Conditions
	  	 	 	 	 	$	750,000	  	$	6.44	  	7.06	%
					
	 Design Fees- By Owner
	  	 	 	 	 	$	0	  	$	0.00	  	0.00	%
	 City Building Permit -Allowance
	  	 	 	 	 	$	66,000	  	$	0.57	  	0.62	%
	 Escalation
	  	 	  	$	0.00	 	 	$	0	  	$	0.00	  	0.00	%
	 Project Contingency
	  	 	 	 	 	$	249,821	  	$	2.14	  	2.35	%
	 General Liability Insurance
	  	 	1.230	%	 	$	130,744	  	$	1.12	  	1.23	%
	 Builder’s Risk Insurance-By Owner
	  	 	0	 	 	$	0	  	$	0.00	  	0.00	%
	 	  	 	  	 	 	 	 	
	
	  	
	
	  	
	

	 Subtotal
	  	 	  	 	 	 	 	$	10,370,334	  	$	89.01	  	97.56	%
						
	 Fee
	  	 	  	 	2.500	%	 	$	259,258	  	$	2.23	  	2.44	%
	 Preconstruction
	  	 	L.S	 	 	$	0	  	$	0.00	  	0.00	%
	 Bond- Not Required
	  	 	0.00	%	 	$	0	  	$	0.00	  	0.00	%
	 Total Building Construction Budget Amount
	  	 	 	 	 	$	10,629,592	  	$	91.24	  	100.00	%
	 	  	 	  	 	 	 	 	
	
	  	
	
	  	
	










														
	PPD HEADQUARTERS BUILDING	  	 	 	 	 	 	 	 	 
	Foundation GMP Update	  	8/10/2005	 	 	 	 	 	 	 
					
	 	  	 	  	 	  	 	 	 	Total

	 
	Item

	  	 	  	 Description

	  	Takeoff Qty

	 	 	Unit Cost

	 	 	Amount

	 
	01 Foundation GMP	  	 	 	 	 	 	 	 	 
				
	02000 SITEWORK & DEMOLITION	  	 	 	 	 	 	 	 	 
						
	02160	  	 	  	 Excav Support Systems
	  	 	 	 	 	 	 	 	 
	 	  	—	  	Excavation sheeting system-Cape Fear	  	1.00 	all	 	309,000.00 	/all	 	309,000	 
	 	  	 	  	 Excav Support Systems
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 	  	 	 	 	 	 	 	
	

	 	  	 	  	 	  	 	 	 	 	 	 	309,000	 
						
	02220	  	 	  	 Bulk Excavation
	  	 	 	 	 	 	 	 	 
	 	  	—	  	Building Excavation-Cape Fear	  	1.00 	sub	 	1,019,341.00	 /sub	 	1,019,341	 
	 	  	—	  	Paving	  	 	 	 	 	 	 	 	 
	 	  	—	  	Fill at building-Cape Fear Paving	  	0.00 	cy	 	 	 	 	 	 
	 	  	—	  	Laydown Area for Staging	  	1.00 	ls	 	103,000.00 	/ls	 	103,000	 
	 	  	—	  	Site Layout & Certification	  	1.00 	ls	 	82,400.00 	/ls	 	82,400	 
	 	  	—	  	Reduce amount of offsite fill	  	-1.00 	ls	 	420,000.00 	/ls	 	(420,000	)
	 	  	—	  	Rock Excavation	  	1.00 	cy	 	1.00 	/cy	 	1	 
	 	  	—	  	 Cape Fear Paving
	  	4,200.00 	cy	 	44.25 	/cy	 	185,850	 
	 	  	—	  	 East Coast Drilling
	  	4,200.00 	cy	 	29.10 	/cy	 	122,220	 
	 	  	—	  	 BLL Equipment and Labor
	  	1.00 	ls	 	22,000.00 	/ls	 	22,000	 
	 	  	 	  	 	  	 	 	 	 	 	 	
	

	 	  	 	  	 Bulk Excavation
	  	 	 	 	 	 	 	1,114,812	 
						
	02241	  	 	  	 Dewatering
	  	 	 	 	 	 	 	 	 
	 	  	ob02	  	Dewatering Allowance	  	 	 	 	 	 	 	 	 
	 	  	—	  	Reduce dewatering allowance	  	 	 	 	 	 	 	 	 
	 	  	 	  	 Dewatering
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 1.374 Labor Hours
	  	 	 	 	 	 	 	 	 
	 	  	 	  	   0.46 Equipment Hours
	  	 	 	 	 	 	 	 	 
						
	02280	  	 	  	 Soil Treatment
	  	76,910.00 	sqft	 	 	 	 	 	 
	 	  	010	  	Soil Termite Treatment by Concrete Sub	  	 	 	 	 	 	 	 	 
	 	  	 	  	 76.91 Labor Hours
	  	 	 	 	 	 	 	 	 
						
	02290	  	 	  	 Foundation Redesign
	  	 	 	 	 	 	 	 	 
	 	  	—	  	Stone fill	  	10,400.00 	ton	 	24.75 	/ton	 	257,400	 
	 	  	—	  	Lean Concrete	  	3,300.00 	cy	 	134.45 	/cy	 	443,685	 
	 	  	—	  	Concrete revisions to foundation	  	1.00 	ls	 	921,560.00 	/ls	 	921,560	 
	 	  	—	  	CMU at waterproofing	  	30,300.00 	sf	 	19.30 	/sf	 	584,790	 
	 	  	—	  	Waterproofing	  	106,000.00 	sf	 	4.60 	/sf	 	487,600	 
	 	  	 	  	 	  	 	 	 	 	 	 	
	

	 	  	 	  	 Foundation Redesign
	  	 	 	 	 	 	 	2,695,035	 
						
	02580	  	 	  	Pavement Marking	  	0.00 	Each	 	 	 	 	 	 
	 	  	—	  	Pavement Markings-Cape Fear Paving	  	 	 	 	 	 	 	 	 
						
	02710	  	 	  	 Sub Drainage
	  	 	 	 	 	 	 	 	 
	 	  	ob10	  	Perimeter Drain 6” (delete)	  	1,440.00 	lnft	 	 	 	 	 	 
	 	  	 	  	 Includes trench, gravel & filter fabric.
	  	 	 	 	 	 	 	 	 
	 	  	ob50	  	6” Under Slab Drain (delete)	  	5,225.00 	lf	 	 	 	 	 	 
	 	  	 	  	 Includes trench, gravel & filter fabric.
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 Sub Drainage
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 646.941 LaborHours
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 168.625 Equipment hours
	  	 	 	 	 	 	 	 	 
						
	02838	  	 	  	 Retaining Walls
	  	 	 	 	 	 	 	 	 
	 	  	 	  	Reduce retaining walls allowance	  	-1.00 	ls	 	240,000.00 	/ls	 	(240,000	)
	 	  	 	  	 This is actually a Core and Shell item. Retaining Walls
	  	 	 	 	 	 	 	 	 
	 	  	 	  	 	  	 	 	 	 	 	 	
	

	 	  	 	  	 	  	 	 	 	 	 	 	(240,000	)









													
	PPD HEADQUARTERS BUILDING	  	 	 	 	 	 	 	 
	Foundation GMP Update	  	8/10/2005	 	 	 	 	 	 
					
	 	  	 	  	 	  	 	 	 	Total


	Item

	  	 	  	 Description

	  	Takeoff Qty

	 	 	Unit Cost

	 	 	Amount


	 	  	 	  	SITEWORK & DEMOLITION	  	 	 	 	 	 	 	4,417,947
	 	  	 	  	 725,225 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 169,083 Equipment hours
	  	 	 	 	 	 	 	 
				
	3000 CONCRETE	  	 	 	 	 	 	 	 
						
	03050	  	 	  	 Excavate for Concrete
	  	 	 	 	 	 	 	 
	 	  	010	  	Wall Footing Excavation by Machine	  	1,686.00	 cuyd	 	 	 	 	 
	 	  	020	  	Column Footing Excavation by Machine	  	2,057.00	 cuyd	 	 	 	 	 
	 	  	030	  	Interior Backfill & Compact Footings	  	3,500.00	 cuyd	 	 	 	 	 
	 	  	055	  	Fine Grade Mat Footings	  	10,723.00 	sqft	 	 	 	 	 
	 	  	055	  	Fine Grade Wall Footings	  	11,785.00 	sqft	 	 	 	 	 
	 	  	dew1	  	Dewater/Demuck Foundations	  	1.00 	allo	 	36,050.00 	/allo	 	36,050
	 	  	 	  	 	  	 	 	 	 	 	 	

	 	  	 	  	 Excavate for Concrete
	  	 	 	 	 	 	 	36,050
	 	  	 	  	 3,729.664 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 1,839.44   Equipment hours
	  	 	 	 	 	 	 	 
						
	03100	  	 	  	 Concrete Forms & Access
	  	 	 	 	 	 	 	 
	 	  	220	  	Wall Footing Forms (4 Use)	  	6,308.00 	sqft	 	 	 	 	 
	 	  	255	  	Column Footing Forms (4 Use)	  	6,944.00 	sqft	 	 	 	 	 
	 	  	527	  	Keyway In Footing	  	3,154.00 	lnft	 	 	 	 	 
	 	  	626	  	Wall Forms to 20’ (4 Use)	  	34,996.00 	sqft	 	 	 	 	 
	 	  	642	  	Const Joints/ Bulkheads @ Walls	  	151.00 	lnft	 	 	 	 	 
	 	  	703	  	Edge Forms on Grade (6’) (3 use)	  	155.00 	lnft	 	 	 	 	 
	 	  	733	  	SOG Bulkheads <12’	  	1,000.00 	lnft	 	 	 	 	 
	 	  	736	  	Turn Down Slab Edge Form	  	155.00 	lnft	 	 	 	 	 
	 	  	739	  	Screed Forms	  	74,924.00 	sqft	 	 	 	 	 
	 	  	804	  	Column Forms (4 use)	  	10,268.00 	sqft	 	 	 	 	 
	 	  	840	  	Column Forms - 42” dia. Tubes	  	80.00 	loft	 	 	 	 	 
	 	  	903	  	Beam Forms (4 use)	  	31,469.00 	sqft	 	 	 	 	 
	 	  	905	  	Beam Bottom Form - 3/4” Plywood	  	17,427.00 	sqft	 	 	 	 	 
	 	  	920	  	Flat Slab Forms (4 use)	  	66,591.00 	sqft	 	 	 	 	 
	 	  	926	  	Bulkhead Flat Slab Forms	  	402.00 	lnft	 	 	 	 	 
	 	  	940	  	Elevated Edge Forms 8”	  	1,736.00 	lnfl	 	 	 	 	 
	 	  	1120	  	Topping Screeds	  	66,591.00 	sqft	 	 	 	 	 
	 	  	 	  	Concrete Forms & Access	  	 	 	 	 	 	 	 
	 	  	 	  	 24,141.011 Labor hours
	  	 	 	 	 	 	 	 
						
	03200	  	 	  	Concrete Reinforcement	  	 	 	 	 	 	 	 
	 	  	010	  	Rebar Column Footings	  	116.00 	ton	 	 	 	 	 
	 	  	010	  	Rebar Wall Footings	  	89.00 	ton	 	 	 	 	 
	 	  	010	  	RebarSOG	  	5.00 	ton	 	 	 	 	 
	 	  	010	  	Grade8oupcharge	  	15.00 	ton	 	 	 	 	 
	 	  	010	  	Rebar Column	  	42.00 	ton	 	 	 	 	 
	 	  	010	  	RebarWalls	  	61.00 	ton	 	 	 	 	 
	 	  	010	  	Rebar Beams	  	229.00 	ton	 	 	 	 	 
	 	  	010	  	Rebar Elevated Slab	  	50.00 	ton	 	 	 	 	 
	 	  	028	  	Welded wire mesh-6x6 - w2.9 x w2.9 #6	  	82,587.00 	sqft	 	 	 	 	 
	 	  	 	  	Concrete Reinforcement	  	 	 	 	 	 	 	 
	 	  	 	  	 13,348.454 Labor hours
	  	 	 	 	 	 	 	 
						
	03300	  	 	  	 Place Concrete
	  	 	 	 	 	 	 	 
	 	  	015	  	Place Concrete Wall Footings	  	1,636.00	 cuyd	 	 	 	 	 
	 	  	020	  	Place Concrete Column Footings	  	1,971.00	 cuyd	 	 	 	 	 
	 	  	045	  	Place Concrete Wall	  	981.00	 cuyd	 	 	 	 	 
	 	  	050	  	Gravel/stone Fill Under Slab	  	1,609.00	 cuyd	 	 	 	 	 
	 	  	065	  	Fine Grade Slab-on-Grade Subgrade	  	75,079.00	 sqft	 	 	 	 	 
	 	  	070	  	Place Concrete Slab On Grade	  	1,609.00	 cuyd	 	 	 	 	 









													
	PPD HEADQUARTERS BUILDING	  	 	 	 	 	 	 	 
	Foundation GMP Update	  	8/10/2005	 	 	 	 	 	 
					
	 	  	 	  	 	  	 	 	 	Total


	Item

	  	 	  	 Description

	  	Takeoff Qty

	 	 	Unit Cost

	 	 	Amount


	03300	  	 	  	 Place Concrete
	  	 	 	 	 	 	 	 
	 	  	080	  	Place Concrete Columns Rectangular	  	234.00	 cuyd	 	 	 	 	 
	 	  	090	  	Place Concrete Beams	  	1,311.00	 cuyd	 	 	 	 	 
	 	  	095	  	Place Concrete Flat Slab	  	1,139.00	 cuyd	 	 	 	 	 
	 	  	115	  	Blow off/clean area to be poured	  	66,591.00 	sqft	 	 	 	 	 
	 	  	175	  	Concrete Stairs Complete	  	78.00	 each	 	 	 	 	 
	 	  	180	  	Place Concrete Steps On Grade Complete	  	12.00	 each	 	 	 	 	 
	 	  	180	  	Metal Pan Stair Fill	  	32.00	 each	 	 	 	 	 
	 	  	 	  	 Place Concrete
	  	 	 	 	 	 	 	 
	 	  	 	  	 11,401.65 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	      272.32 Equipment hours
	  	 	 	 	 	 	 	 
						
	03310	  	 	  	 CIP Conc (Isum unit cost)
	  	 	 	 	 	 	 	 
	 	  	 	  	Cast in place Concrete Foundation	  	1.00 	sub	 	4,314,670.00 	/sub	 	4,314,670
	 	  	 	  	 	  	 	 	 	 	 	 	

	 	  	 	  	 CIP Conc (Isum unit cost)
	  	 	 	 	 	 	 	4,314,670
						
	03345	  	 	  	 Concrete Finishing
	  	 	 	 	 	 	 	 
	 	  	901	  	Steel Trowel Finish SOG	  	75,079.00 	sqft	 	 	 	 	 
	 	  	901	  	Steel Trowel Finish Elevated Slab	  	66,591.00 	sqft	 	 	 	 	 
	 	  	904	  	Rub and Patch Concrete	  	100,000.00 	sqft	 	 	 	 	 
	 	  	908	  	Cure Concrete (curing compound)	  	161,67000 	nqft	 	 	 	 	 
	 	  	 Concrete Finishing
	  	 	 	 	 	 	 	 
	 	  	 	  	 6,373.40 Labor hours
	  	 	 	 	 	 	 	 
						
	03365	  	 	  	 Post-tensioned Concrete
	  	 	 	 	 	 	 	 
	 	  	104	  	Furnish PT Cables w/Support Bars (per sqft)	  	66,591.00 	sqft	 	 	 	 	 
	 	  	105	  	Install PT Cables w/Pocket Patching (S/C per sqft)	  	66,591.00 	sqft	 	 	 	 	 
						
	03380	  	 	  	 Concrete Hoisting/Equip.
	  	 	 	 	 	 	 	 
	ob05	  	 	  	Concrete pump (per cuyd total)	  	8,881.00 	cuyd	 	 	 	 	 
	obO5	  	 	  	Crane Pads	  	2.00 	each	 	 	 	 	 
	obO5	  	 	  	Cranes	  	4.00 	mnth	 	 	 	 	 
	ob15	  	 	  	Concrete Equipment	  	8,881.00 	cuyd	 	 	 	 	 
	 	  	 	  	shy Safety	  	1.00 	ls	 	 	 	 	 
	 	  	 	  	 Concrete Hoisting/Equip.
	  	 	 	 	 	 	 	 
	 	  	 	  	 8,887.00 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 8,887.00 Equipment hours
	  	 	 	 	 	 	 	 
						
	03385	  	 	  	 Concrete Mgmnt. & Lay-out
	  	 	 	 	 	 	 	 
	 	  	10	  	Field Engineer	  	17.00	 week	 	 	 	 	 
	 	  	20	  	Rodman	  	17.00	 week	 	 	 	 	 
	 	  	30	  	Lay-out Crew (L&E)	  	17.00	 week	 	 	 	 	 
	 	  	40	  	Concrete Foreman	  	17.00	 week	 	 	 	 	 
	 	  	50	  	Assistant Project Manager	  	17.00	 week	 	 	 	 	 
	 	  	60	  	Assistant Superintendent	  	17.00	 week	 	 	 	 	 
	 	  	 	  	 Concrete Mgmnt. & Lay-out
	  	 	 	 	 	 	 	 
	 	  	 	  	 4,760.00 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	    680.00 Equipment hours
	  	 	 	 	 	 	 	 
						
	03390	  	 	  	 Ready-mix Concrete
	  	 	 	 	 	 	 	 
	40rg	  	 	  	5,000 psi regular weight Footings	  	3,607.00 	cuyd	 	 	 	 	 
	40rg	  	 	  	4,000 psi regular weight SOG	  	1,609.00 	cuyd	 	 	 	 	 
	40rg	  	 	  	4,000 psi regularweight Walls	  	981.00 	cuyd	 	 	 	 	 
	70rg	  	 	  	8,000 psi regular weight -Columns	  	234.00 	cuyd	 	 	 	 	 
	70rg	  	 	  	5,000 psi regular weight Elevated Slab	  	1,139.00 	cuyd	 	 	 	 	 
	add	  	 	  	Admixtures	  	8,881.00 	cuyd	 	 	 	 	 
						
	03395	  	 	  	 Misc Concrete Access.
	  	 	 	 	 	 	 	 
	a005	  	 	  	Vapor Barrier 6 Mil Poly	  	75,079 00 	sqft	 	 	 	 	 









											
	PPD HEADQUARTERS BUILDING	  	 	 	 	 	 	 	 
	Foundation GMP Update	  	8/10/2005	 	 	 	 	 	 
				
	 	  	 	  	 	 	 	Total


	Item

	  	 Description

	  	Takeoff Qty

	 	 	Unit Cost

	 	 	Amount


	03395	  	 Misc. Concrete Access.
	  	 	 	 	 	 	 	 
	a040	  	Waterstop - Rubber - 8”	  	2,914.00 	lnft	 	 	 	 	 
	a075	  	Expansion Joint 1/2 x 6’	  	4,000.00 	lnft	 	 	 	 	 
	 	  	 Misc. Concrete Access.
	  	 	 	 	 	 	 	 
	 	  	 561.163 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 	 	 	 	 	 	

	 	  	 CONCRETE
	  	 	 	 	 	 	 	4,350,720
					
	 	  	 73,202.34 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 11,678.76 Equipment hours
	  	 	 	 	 	 	 	 
				
	7000 MOISTURE PROTECTION	  	 	 	 	 	 	 	 
					
	07100	  	 Dampproof & Waterproof
	  	 	 	 	 	 	 	 
	 	  	Waterproof Foundation Walls	  	1.00 	SUB	 	168,872.00 	/SUB	 	168,872
	 	  	 	  	 	 	 	 	 	 	

	 	  	 Dampproof & Waterproof
	  	 	 	 	 	 	 	168,872
	 	  	 	  	 	 	 	 	 	 	

	 	  	MOISTURE PROTECTION	  	 	 	 	 	 	 	168,872
				
	15000 MECHANICAL	  	 	 	 	 	 	 	 
					
	15400	  	 Plumbing
	  	 	 	 	 	 	 	 
	—	  	Plumbing Systems Rough in Garage	  	116,328.00 	sqft	 	1.072 	/sqft	 	124,720
	 	  	 	  	 	 	 	 	 	 	

	 	  	 Plumbing
	  	 	 	 	 	 	 	124,720
	 	  	 116,328.00 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 	 	 	 	 	 	

	 	  	MECHANICAL	  	 	 	 	 	 	 	124,720
	 	  	 116,328.00 Labor hours
	  	 	 	 	 	 	 	 
				
	16000 ELECTRICAL	  	 	 	 	 	 	 	 
					
	16100	  	 Electrical
	  	 	 	 	 	 	 	 
	—	  	Electrical Systems Rough In Garage	  	116,328.00 	sqft	 	0.96 	/sqft	 	111,510
	 	  	 	  	 	 	 	 	 	 	

	 	  	 Electrical
	  	 	 	 	 	 	 	111,510
	 	  	 116,328.00 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 	 	 	 	 	 	

	 	  	ELECTRICAL	  	 	 	 	 	 	 	111,510
	 	  	 116,328.00 Labor hours
	  	 	 	 	 	 	 	 
	 	  	 	  	 	 	 	 	 	 	

	 	  	01 Foundation GMP	  	 	 	 	 	 	 	9,173,769
	 	  	 306,583.563 Labor hours
	  	 	 	 	 	 	 	 
	 	  	   11,847.84   Equipment hours
	  	 	 	 	 	 	 	 








 FOUNDATION GMP 
  
 PPD HeadQuarter Building 
 Wilmington, NC 
  
 April 28, 2005 







 PPD Corporate HeadQuarters 
 Wilmington, NC Summaries and Priorities 
  
 Executive Summary 
  
 This GMP for the Foundation Package is the first of three GMP’s that will be produced to complete the project. It is based upon the Parking Deck CD documents dated
April 14, 2005 and the qualifications presented in this GMP proposal. The GMP cost of $8,665,592 or $74.38/sf is based upon 116,506sf of Parking Deck including contingency. Scope not covered in this GMP will be pick-up in the Shell and Core or
Tennant GMP’s 
  
 Our GMP does not include any monies for cost impacts or
delays incurred for soil and water issues encountered. 
  
 The Foundation GMP is a limited scope of work and is intended to only be for the following scope of work 
  
 Excavation and backfill required for foundation 
  

Concrete foundation and elevated slab up to but not including elevation 37 
  
 Ebeds, raceways, under slab rough in required for foundation. 
  
 The foundation GMP does not include the following:

  
 Site Work other than garage excavation for
Phase 1 or 2 
  
 Unit Masonry 
  
 Metal Fabrication, Metal Stairs, Rails or Grating

  
 Steel Doors or Frames 
  
 Overhead Coiling Grills 
  
 Door Hardware 
  
 Glazing 
  
 Parking Control Equipment 
  
 Loading Dock Equipment 
  
 Elevators 
  

	Louvers	

  
 Any work not noted as specially included herein 
  

In additions to the GMP there are other funding requirements that will require us to be released prior to the completion of the 2nd GMP on the Core and Shell. We ask
that we be permitted to commit to contracts for those scopes of work, in addition to the GMP. 
  

				
	 Foundation GMP
	  	 	8,665,592
	 Precast Purchase
	  	 	2,800,000
	 Long Lead Metals
	  	 	1,000,000
	 Elevators
	  	 	1,750,000
	 Glazing Purchase
	  	 	7,708,064
	 Concrete Frame
	  	 	8,763,724
	 Long Lead Mechanical Equipment
	  	 	2,000,000
	 Long Lead Electrical Equipment
	  	 	750,000
	 Total Requested funding
	  	$	33,437,380








 PPD Corporate HeadQuarters 
 Wilmington, NC Summaries and Priorities 
  
 Bovis Lend Lease recommends a thorough review of this document by the Project Team. We have developed a project schedule that establishes a 20 month duration for the
project, with no weather delays assuming a phased bid package approach and a 40 hour work week. 







 PPD Corporate HeadQuarters 
 Wilmington, NC Basis of Estimate 
  
 General Clarifications 
  
 The following definition represents the basis of our estimate. The estimated costs were developed based upon the Space Programming Report and Document drawings prepared
to date by Cline Design Associates and Cooper Carry Inc. as indicated in the document log and the assumptions and clarifications updated under this section, along with project description and schedule data presented under other sections of this
report. 
  
 1. Subcontractor bonds are included for all trades valued in excess of
$100,000. 
  
 2. The pricing included does not anticipate any stoppage of
construction work as a result of present PPD Operations. If interruptions in work are foreseeable with regards to interfacing with existing facilities or business decisions to perform only a portion of the work, a separate allowance will need
to be defined. 
  
 3. We have included a 3% design contingency in this analysis.

  
 4. It is understood that since the documents are not yet complete, the Owner,
Architect and Bovis will work together to monitor completion of the design, in accordance with the intent and scope of the documents that form the basis of the budget. Should an increase in the budget be indicated due to deviations from such intent
and scope during document completion, Bovis will recommend possible economies in order to protect the budget from increasing. If these economies are not accepted, the budget shall be increased to cover the increased cost and the associated General
Conditions and Fee. 
  
 5. Any economies accepted by the Owner will also be
accepted by the Architect and will be incorporated into the construction drawings and specifications as if they were part of the original design. 
  
 6. The GMF line item costs include items of work that will be subcontracted, as well as Bovis’ reimbursable costs. No guarantee exists on any separate line, Savings
in any line item may be transferred to cover possible overruns of other line items. 
  
 7. The GMP is based on the premise that the design will meet alt codes, laws, ordinances, rules, and regulations in effect at the time that the budget was prepared. The budget shall be adjusted should any discrepancies between design and
the aforementioned codes, laws or ordinances result in, or require, an increase in the Cost of the Work. 
  
 8. No testing is included. 
  
 9. The budget does
not include Builders Risk insurance. General Liability insurance is included. The cost of a Payment and Performance Bond from Bovis Lend Lease is not included. 
  
 10. The budget includes a 12-month warranty of all work that begins the date of the temporary certification of occupancy or date of first
service of equipment which ever comes first. Any extended warranties required by the Specifications will be exclusively managed by and contracted between the manufacturer/subcontractor and the Owner. 
  
 11. This proposal is based on mutually agreeable contract terms. 
  
 12. Sales Tax is included. 
  
 13. The additional cost for schedule compression, out-of-sequence operations, wage premiums for non-standard working timeframes, and
associated operations are not included in the individual Trade Budget Estimates. 







 PPD Corporate HeadQuarters 
 Wilmington, NC Basis of Estimate 
  
 14. We have
included the Town of Wilmington Building Permit Fee. All other fees and escrows are excluded and assumed budgeted separately by PPD. 
  
 15. No Costs is included for parking fees, shuttles or any other requirements due to lack of parking during normal work hours. 
  
 16. The following costs are not included in our estimate: 
  

	a.	Any Preconstruction costs 

  

	b.	Document Reproduction 

  

	c.	Security Systems 

  

	d.	FF&E 

  

	e.	Usage/Tap Fees 

  

	f.	Planning Fees 

  

	g.	Architectural Fees 

  

	h.	lmpact/Development Fees 

  
 Allowances: 
  

				
	 1. Dewatering
	  	$	870,000
	 2. Excavation Support
	  	$	300,000
	 3. Under slab piping
	  	$	78,131
	 4. Utility Consumption
	  	$	25,000
	 5. Building Permit
	  	$	66,000








 PPD Corporate HeadQuarters 
 Wilmington, NC Basis of Estimate 
  
 Assumptions and Clarifications 
 Building Area 
  

									
	 	 	 	 	PPD

	 	 	 	 
	 	Mechanical	 	6,073.00	 	 	 	 
	 	12	 	19,004.00	 	 	 	 
	 	11	 	18,868.00	 	 	 	 
	 	10	 	28,540.00	 	 	 	 
	 	9	 	28,540.00	 	 	 	 
	 	8	 	28,540.00	 	 	 	 
	 	7	 	28,540.00	 	 	 	 
	 	6	 	28,540.00	 	 	 	 
	 	5	 	28,540.00	 	 	 	 
	 	4	 	28,540.00	 	 	 	 
	 	3	 	32,176,00	 	 	 	 
	 	2	 	38,918.00	 	 	 	 
	 	1	 	61,231,00	 	 	 	 
	 	P2	 	25,490.00	 	40,059.00	 	 
	 	P1	 	—  	 	76,447.00	 	 
	 	 	 	
	 	
	 	 
	 	GSF Office Building	 	401,540.00	 	116,506.00	 	GSF Garage

  
 Site 
  

	1.	The work included in this GMP is generally limited to Excavation of the Structure, Sheeting and Shoring of excavation, Concrete Frame to the top of the underside of elevation 37,
Back fill of building, Mechanical & Electrical Sleeving, Mechanical and electrical path ways in concrete slab or under foundation slabs 

  

	2.	We have not included electrical duct banks. 

  

	3.	We have not included any work for Phase Two 

  

	4.	Excavation will be shored to prevent cave in by sheeting and shoring. 

  

	5.	Dewatering is included as an allowance. 

  

	6.	Due to the uncertainty of the Phase two site work we are not including any keystone retaining walls on the south side of the building at this time. 

  

	7.	We have included termite treatment for the slab on grade. 

  

	8.	We do not include any handling, treatment, or disposal of characteristically hazardous material, soil, water etc. or unsuitable material. 

  

	9.	We do not include excavation of rock, existing foundations, piping or other utility structures. 

  

	10.	We have included 5,225lnft of under slab drainage piping for an allowance of $78,131. This piping is not shown on the drawings. 








 PPD Corporate HeadQuarters 
 Wilmington, NC Basis of Estimate 
  
 Concrete

  

	1.	We have assumed that concrete in the garage will not be architectural in nature and that the finish will be the natural finish that a grade b plywood will leave when the forms are
pulled.(Class D Finish) 

  

	2.	We have provided a floor finish of between F(F) 20 and F(L) 25 in lieu of 1/8” tolerance in10’-0” or similar forms of measure. 

  

	3.	Curing of floor slabs will be with Kurex-DR VOX curing compound or equal in lieu of moisture cure. 

  

	4.	Formwork is based on use of 23/32” thick SB exterior grade plywood 

  

	5.	Rubbing cast-in-place concrete is excluded 

  

	6.	In exposed ceiling areas we are grinding only the plywood seams. 

  

	7.	We do not include the sealing of chamfered wall construction or control joints as Indicated on detail 4 on S0.1. 

  

	8.	Our GMP is based on using wood formed pans. 

  

	9.	Specification call for a class B finish on exposed concrete, pan slabs will be a Class D finish not class B. 

  

	10.	We have not included precast embeds. 

  

	11.	We have not included additional pricing for concrete referenced in email from Uzan and Case dated 4/25/05 

  
 Masonry 
  

	1.	All masonry walls in the garage will be priced under the Core and Shell GMP. 

  

Miscellaneous Metals 
  

	1.	All metal stair will be priced under the Core and Shell GMP. 

  

	2.	We have included cable rail at the garage area ramps. 

  
 Woods and Plastics 
  

	1.	Not required. 

  
 Thermal and Moisture Protection 
  

	1.	We have included a waterproofing system for the foundation walls. 

  

	2.	No under slab waterproofing system is included. Section 5 & 6 on S0.2 are assumed to be in error. 

  
 Glass & Glazing 
  

	1.	All Doom and Frames will be priced in the Core and Shell GMP 

  

	2.	All glazing will be priced in the Core & Shell GMP. 








 PPD Corporate HeadQuarters 
 Wilmington, NC Basis of Estimate 
  

	3.	Overhead coiling doors will be priced in the Core and Shell GMP. 

  
 Finishes 
  

	1.	All Finishes will be priced in the Core And Shell GMP 

  

	2.	Specialties 

  

	1.	All specialties will be priced in the Core & Shell GMP. 

  
 Equipment 
  

	1.	The parking gate and controller will be priced in the Core & Shell GMP. 

  

	2.	Dock levelers will be priced in the Core & Shell GMP. 

  
 Furnishings 
  

	1.	Not Required. 

  
 Conveying: 
  

	1.	We assume the hydraulic elevator will be a hole less type not requiring a jack hole. 

  
 Mechanical: 
  

	1.	We have included an allowance of $124,720 for all Plumbing, HVAC & Sprinkler sleeving or embedded in walls columns or slabs, no other work has been included


  
 Electrical: 
  

	1.	We have included an allowance of $111,510 electrical sleeving or conduit embedded in walls columns or slabs, no other work has been included.