RCG-2470

Grayson Industrial Park — Building C

Sitework & StructureOn plan

Grayson Property Group · 6200 Tannery Road, Building C · South Metro · Light Industrial

Projected margin vs bid

−0.20pts

7.8% projected · 8.0% bid · (2,387)

Project manager

M. Boyd

Superintendent

P. Lindqvist

Project executive

T. Hollis

Start

20 Apr 26

Substantial completion

01 Apr 27(was 26 Mar 27, +6d by CO)

Field schedule

4 days ahead

Superintendent’s note · Steel topped out 26 Aug. Roof deck follows the erection sequence; slab-on-grade pours start 21 Sep. Four days ahead.

Revised contract

$5.51M

$5.40M contract + $108k in 3 approved COs

Projected final cost

$5.08M

revised budget $5.06M

Cost variance

−$14,700

projected final cost against revised budget

Cost to date

$2.35M

46% of projected final cost

Billed to date

$2.69M

49% of contract · overbilled $140k

Retention held

$269k

10% withheld by owner

Value at risk

$18k

1 change order built without approval

Progress

Cost percent complete: 46%
Field percent complete: 43%
Schedule percent elapsed: 41%

204 days to substantial completion with $2,727,850 of cost still to spend.

Margin bridge

Margin in the bid5,400,000 at 8.0%	432,000
+Margin on approved change orders3 approved · 108,063 sold against 95,750 of cost	12,313
+Cost variance against revised budgetoverruns and savings across 15 cost codes	(14,700)
= Projected margin7.8% of 5,508,063	429,613

Largest movers

03 Concrete	(21,250)
31 Earthwork	(6,950)
01 General Requirements	(5,250)
22 Plumbing	(3,500)
06 Wood & Plastics	(2,850)

Open exposure

Cost code detail

Projected final cost = cost to date + remaining committed + uncommitted budget + unapproved change order exposure + PM forecast adjustmentOver budget only (6)

	Original budget	Approved COs
01 General Requirements	371,700	—	371,700	126,650	126,800	250,150	376,950	(5,250)	34%	35%
02 Existing Conditions	46,400	—	46,400	45,750	31,600	14,150	45,750	650	69%	70%
03 Concrete	835,700	—	835,700	849,050	525,050	331,900	856,950	(21,250)	61%	59%
04 Masonry	185,700	—	185,700	186,650	91,950	94,700	186,650	(950)	49%	50%
05 Metals	928,600	—	928,600	927,200	630,500	296,700	927,200	1,400	68%	56%
06 Wood & Plastics	46,400	—	46,400	—	5,100	44,150	49,250	(2,850)	10%	5%
07 Thermal & Moisture	371,400	—	371,400	364,150	121,300	242,850	364,150	7,250	33%	29%
08 Openings	232,100	—	232,100	231,750	51,350	180,750	232,100	—	22%	21%
09 Finishes	139,300	35,150	174,450	173,050	18,700	155,750	174,450	—	11%	11%
21 Fire Suppression	232,100	—	232,100	230,950	81,800	149,150	230,950	1,150	35%	33%
22 Plumbing	139,300	—	139,300	134,900	61,000	81,800	142,800	(3,500)	43%	38%
23 HVAC	185,700	—	185,700	184,500	68,700	115,800	184,500	1,200	37%	37%
26 Electrical	464,300	50,800	515,100	500,700	182,550	318,150	500,700	14,400	36%	38%
31 Earthwork	464,300	—	464,300	471,250	330,750	140,500	471,250	(6,950)	70%	69%
32 Exterior Improvements	325,000	9,800	334,800	328,600	23,450	311,350	334,800	—	7%	3%
Total — 15 cost codes	4,968,000	95,750	5,063,750	4,755,150	2,350,600	2,727,850	5,078,450	(14,700)	46%	43%

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: 23 firms under contract, 2 with an expired or expiring certificate.