RCG-2482

Cedar Bluff Urgent Care

Rough-InWatch

Cedar Bluff Health Network · 44 Quarry Bend Road · West Valley · Medical Office TI

Projected margin vs bid

−0.90pts

10.6% projected · 11.5% bid · (11,525)

Project manager

S. Okafor

Superintendent

A. Reyes

Project executive

R. Arden

Start

04 May 26

Substantial completion

06 Dec 26(was 04 Dec 26, +2d by CO)

Field schedule

6 days behind

Superintendent’s note · Six days behind on the rooftop unit set; the crane date slipped twice on landlord roof access. In-wall inspection booked 17 Sep.

Revised contract

$1.43M

$1.42M contract + $12k in 3 approved COs

Projected final cost

$1.28M

revised budget $1.27M

Cost variance

−$12,900

projected final cost against revised budget

Cost to date

$520k

41% of projected final cost

Billed to date

$601k

42% of contract · overbilled $19k

Retention held

$60k

10% withheld by owner

Value at risk

$13k

2 change orders built without approval

Progress

Cost percent complete: 41%
Field percent complete: 38%
Schedule percent elapsed: 59%

Cost is −19 points behind the calendar. 88 days remain to substantial completion and $759,900 of cost is still to spend.

Margin bridge

Margin in the bid1,420,000 at 11.5%	163,300
+Margin on approved change orders3 approved · 11,925 sold against 10,550 of cost	1,375
+Cost variance against revised budgetoverruns and savings across 12 cost codes	(12,900)
= Projected margin10.6% of 1,431,925	151,775

Largest movers

07 Thermal & Moisture	(5,600)
26 Electrical	(5,350)
05 Metals	(3,000)
23 HVAC	(2,000)
22 Plumbing	1,600

Open exposure

Cost code detail

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

	Original budget	Approved COs
01 General Requirements	130,300	—	130,300	45,200	53,300	75,150	128,450	1,850	41%	41%
02 Existing Conditions	45,600	—	45,600	46,500	35,750	10,750	46,500	(900)	77%	77%
03 Concrete	19,500	4,150	23,650	23,450	15,850	7,600	23,450	200	68%	64%
05 Metals	26,000	—	26,000	26,050	18,350	10,650	29,000	(3,000)	63%	64%
06 Wood & Plastics	78,100	—	78,100	78,700	8,250	70,450	78,700	(600)	10%	13%
07 Thermal & Moisture	19,500	—	19,500	19,150	12,150	12,950	25,100	(5,600)	48%	41%
08 Openings	84,600	—	84,600	84,450	24,350	60,100	84,450	150	29%	30%
09 Finishes	221,400	2,000	223,400	219,500	36,300	187,100	223,400	—	16%	15%
21 Fire Suppression	39,100	2,200	41,300	40,550	17,500	23,050	40,550	750	43%	41%
22 Plumbing	91,200	—	91,200	89,600	42,550	47,050	89,600	1,600	47%	49%
23 HVAC	234,400	2,200	236,600	237,900	111,550	127,050	238,600	(2,000)	47%	47%
26 Electrical	267,000	—	267,000	272,350	144,350	128,000	272,350	(5,350)	53%	44%
Total — 12 cost codes	1,256,700	10,550	1,267,250	1,183,400	520,250	759,900	1,280,150	(12,900)	41%	38%

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: 18 firms under contract, 1 with an expired or expiring certificate.