Sets Overaa Construction's Roosevelt Middle School modernization Phase 1 price at $3,671,887
This amendment to the lease-leaseback contract with Overaa Construction sets the Total Sublease Amount for Phase 1 of the Roosevelt Middle School Modernization Project at $3,671,887.00. The amount includes allowances for items such as electrical service work, site preparation, pre-construction services and security, plus contractor and district contingencies. The text does not state how much this adds to the earlier amount, and all other contract terms stay the same.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- Overaa Construction · Richmond, CA
- Action
- Amendment
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- School buildings & construction
- New total
- $3,671,887
- Schools
- Roosevelt Middle School
- Funding
- Fund 21 Building Fund Measure Y
- Resource / site
9655 212- Vendor no.
009061- Presented by
- Deputy Chief, Facilities Planning and Management
- File
24-1159· agendaU.-9- Outcome
- Adopted on the General Consent Report, May 22, 2024
Official text
Approval by the Board of Education of Amendment No. 1, (Award of a) Lease-Leaseback Contract by and between the District and Overaa Construction, Richmond, CA, with the Owner (District) and Contractor hereby agreeing that the Total Sublease Amount for Phase #1 shall be $3,671,887.00 allowing for the following allowances and contingency: • An Allowance of $100,000 for PG&E service work • An Allowance of $300,000 for site preparation • An Allowance of $230,666 for 6-month Fee instead of 3.9 • An Allowance of $10,000 for Workforce Development Labor Fund • An Allowance of ($37,670) Credit for Owner to purchase the fire alarm material • An Allowance of $250,000 for Pre-Construction Services • An Allowance of $150,000 for security services during construction • A Contractor Contingency of $100,000 • A District Contingency of $100,000 for the Roosevelt Middle School Modernization Project. All other terms and conditions of the Agreement remain in full force and effect.
History
- Adopted on the General Consent Report