RCG-2455

Marlow Crossing Retail Center

FinishesOn plan

Marlow Crossing LLC · 720 Sycamore Bend · North Metro · Retail Shell

Projected margin vs bid

+1.10pts

11.1% projected · 10.0% bid · +29,655

Project manager

J. Castellanos

Superintendent

B. Mahoney

Project executive

R. Arden

Start

15 Dec 25

Substantial completion

26 Oct 26(was 09 Oct 26, +17d by CO)

Field schedule

2 days ahead

Superintendent’s note · Storefronts glazed in Shops 1–4. Site paving base course complete; wearing course scheduled 24 Sep. Two days ahead.

Revised contract

$1.96M

$1.88M contract + $81k in 7 approved COs

Projected final cost

$1.74M

revised budget $1.76M

Cost variance

+$20,100

projected final cost against revised budget

Cost to date

$1.27M

73% of projected final cost

Billed to date

$1.49M

76% of contract · overbilled $55k

Retention held

$112k

5% withheld by owner, reduced from 10% at 50%

Value at risk

no unapproved work in progress

Progress

Cost percent complete: 73%
Field percent complete: 71%
Schedule percent elapsed: 85%

Cost is −12 points behind the calendar. 47 days remain to substantial completion and $464,400 of cost is still to spend.

Margin bridge

Margin in the bid1,875,000 at 10.0%	187,500
+Margin on approved change orders7 approved · 81,455 sold against 71,900 of cost	9,555
+Cost variance against revised budgetoverruns and savings across 15 cost codes	20,100
= Projected margin11.1% of 1,956,455	217,155

Largest movers

03 Concrete	(2,400)
08 Openings	(1,850)
09 Finishes	(1,300)
31 Earthwork	1,350
23 HVAC	2,600

Open exposure

Cost code detail

Projected final cost = cost to date + remaining committed + uncommitted budget + unapproved change order exposure + PM forecast adjustmentOver budget only (5)

	Original budget	Approved COs
01 General Requirements	128,500	—	128,500	42,600	91,250	37,250	128,500	—	71%	72%
02 Existing Conditions	16,100	—	16,100	15,750	14,400	1,350	15,750	350	91%	88%
03 Concrete	225,000	5,800	230,800	233,200	199,000	34,200	233,200	(2,400)	85%	83%
04 Masonry	96,400	—	96,400	95,450	78,000	17,450	95,450	950	82%	81%
05 Metals	192,900	7,150	200,050	201,350	170,950	21,950	192,900	7,150	89%	84%
06 Wood & Plastics	32,100	5,200	37,300	38,050	16,100	21,950	38,050	(750)	42%	46%
07 Thermal & Moisture	144,600	7,200	151,800	152,350	107,350	45,000	152,350	(550)	70%	68%
08 Openings	128,600	—	128,600	130,450	80,300	50,150	130,450	(1,850)	62%	59%
09 Finishes	80,400	11,100	91,500	92,800	45,500	47,300	92,800	(1,300)	49%	47%
21 Fire Suppression	64,300	—	64,300	64,250	45,250	19,000	64,250	50	70%	71%
22 Plumbing	64,300	5,150	69,450	69,300	53,150	16,150	69,300	150	77%	74%
23 HVAC	80,400	—	80,400	77,800	56,300	21,500	77,800	2,600	72%	75%
26 Electrical	160,700	18,800	179,500	174,650	126,750	47,900	174,650	4,850	73%	70%
31 Earthwork	128,600	11,500	140,100	138,750	125,350	13,400	138,750	1,350	90%	91%
32 Exterior Improvements	144,600	—	144,600	145,450	65,250	69,850	135,100	9,500	48%	41%
Total — 15 cost codes	1,687,500	71,900	1,759,400	1,672,200	1,274,900	464,400	1,739,300	20,100	73%	71%

Rows expand to the subcontracts, purchase orders and invoices behind the committed and actual figures. Committed on every line is the sum of the commitments listed inside it; actual is the sum of the invoices and direct costs booked against it.

Subcontractor insurance certificates on this job: 22 firms under contract, 1 with an expired or expiring certificate.