RCG-2478
Kestrel Logistics Warehouse Shell
Sitework & StructureOn planKestrel Logistics Partners · 8800 Foundry Road, Lot 4 · South Metro · Warehouse Shell
Projected margin vs bid
+0.20pts
8.7% projected · 8.5% bid · +17,807
Project manager
L. Navarro
Superintendent
P. Lindqvist
Project executive
T. Hollis
Start
06 Jul 26
Substantial completion
14 Jun 27(was 11 Jun 27, +3d by CO)
Field schedule
9 days ahead
Superintendent’s note · Mass grading finished nine days early on a dry August. Foundations follow the erection sequence; steel released for fabrication 21 Aug.
Revised contract
$6.85M
$6.80M contract + $48k in 2 approved COs
Projected final cost
$6.25M
revised budget $6.27M
Cost variance
+$12,850
projected final cost against revised budget
Cost to date
$1.37M
22% of projected final cost
Billed to date
$1.54M
23% of contract · overbilled $46k
Retention held
$154k
10% withheld by owner
Value at risk
$0
no unapproved work in progress
Progress
- Cost percent complete
- 22%
- Field percent complete
- 23%
- Schedule percent elapsed
- 19%
278 days to substantial completion with $4,886,350 of cost still to spend.
Margin bridge
| Margin in the bid6,800,000 at 8.5% | 578,000 |
| +Margin on approved change orders2 approved · 48,257 sold against 43,300 of cost | 4,957 |
| +Cost variance against revised budgetoverruns and savings across 15 cost codes | 12,850 |
| = Projected margin8.7% of 6,848,257 | 595,807 |
Largest movers
| 01 General Requirements | (10,300) |
| 09 Finishes | (2,200) |
| 22 Plumbing | (1,600) |
| 31 Earthwork | 1,150 |
| 03 Concrete | 11,650 |
Open exposure
- No unapproved work in progress, no subcontractor billing ahead of production and all insurance certificates current.
Cost code detail
Projected final cost = cost to date + remaining committed + uncommitted budget + unapproved change order exposure + PM forecast adjustment| Original budget | Approved COs | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 01 General Requirements | 407,200 | — | 407,200 | 134,650 | 47,600 | 369,900 | 417,500 | (10,300) | 11% | 9% |
| 02 Existing Conditions | 29,100 | — | 29,100 | 29,500 | 15,650 | 13,850 | 29,500 | (400) | 53% | 52% |
| 03 Concrete | 1,163,000 | — | 1,163,000 | 1,151,350 | 433,500 | 717,850 | 1,151,350 | 11,650 | 38% | 37% |
| 04 Masonry | 174,400 | — | 174,400 | — | — | 174,400 | 174,400 | — | 0% | 28% |
| 05 Metals | 1,279,300 | 30,750 | 1,310,050 | 1,295,000 | 435,800 | 859,200 | 1,295,000 | 15,050 | 34% | 32% |
| 06 Wood & Plastics | 58,100 | — | 58,100 | — | — | 58,100 | 58,100 | — | 0% | 1% |
| 07 Thermal & Moisture | 523,300 | — | 523,300 | — | — | 523,300 | 523,300 | — | 0% | 9% |
| 08 Openings | 290,700 | — | 290,700 | — | — | 290,700 | 290,700 | — | 0% | 2% |
| 09 Finishes | 145,400 | 12,550 | 157,950 | 160,150 | 3,050 | 157,100 | 160,150 | (2,200) | 2% | 0% |
| 21 Fire Suppression | 290,700 | — | 290,700 | — | — | 290,700 | 290,700 | — | 0% | 10% |
| 22 Plumbing | 145,400 | — | 145,400 | 147,000 | 23,900 | 123,100 | 147,000 | (1,600) | 16% | 17% |
| 23 HVAC | 145,400 | — | 145,400 | 145,900 | 24,050 | 121,850 | 145,900 | (500) | 16% | 16% |
| 26 Electrical | 465,200 | — | 465,200 | 449,850 | 71,950 | 393,250 | 465,200 | — | 15% | 15% |
| 31 Earthwork | 639,600 | — | 639,600 | 622,950 | 310,600 | 327,850 | 638,450 | 1,150 | 49% | 45% |
| 32 Exterior Improvements | 465,200 | — | 465,200 | — | — | 465,200 | 465,200 | — | 0% | 0% |
| Total — 15 cost codes | 6,222,000 | 43,300 | 6,265,300 | 4,136,350 | 1,366,100 | 4,886,350 | 6,252,450 | 12,850 | 22% | 23% |
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: 13 firms under contract, 0 with an expired or expiring certificate.