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<br />Project Manager 40 $ 6,600 <br />Website & E-Blasts 18 $ 1,692 <br />Construction Staking 55 $ 8,525 <br />Admin Assistant 12 $ 1,224 <br />Final Walkthrough and Punchlist 3 16 $ 2,335 <br />As-Built Shots & Drawings 1 3 4 $ 1,130 <br />Final Assessments 6 3 $ 1,296 <br />Total: $ 87,646 <br /> <br />According to the table above, the total estimated cost to complete the construction management <br />phase of the project is $87,646. The table below summarizes and compares the total engineering <br />fee based on the preliminary engineering report and low bid received. <br /> <br />Item Preliminary Engineering <br />Report Low Bid <br />Construction Cost $934,364 % Fee $593,730 % Fee <br />Design Phase Fee $70,000 11.79% <br />Estimated Construction Phase Fee $87,646 14.76% <br /> Total Estimated Fee $178,453 19.10% $157,646 26.55% <br /> <br /> <br />Due to the favorable bid, Bolton & Menk has agreed to reduce the hourly rate on their inspector <br />from $115/hour to $97/hour to reduce the overall engineering fee to below 25%. This adjustment <br />would equate to a $9,342 reduction to the total fee. The table below summarizes the adjusted fee. <br /> <br />Item Preliminary Engineering <br />Report Low Bid <br />Construction Cost $934,364 % Fee $593,730 % Fee <br />Design Phase Fee $70,000 11.79% <br />Estimated Construction Phase Fee $78,304 13.19% <br /> Total Estimated Fee $178,453 19.10% $148,304 24.98% <br /> <br /> <br /> <br /> <br /> <br />