RCG-2492
Northgate Vision Center TI
MobilizationOn planNorthgate Vision Center · 9 Larkspur Court, Suite 4 · North Metro · Medical Office TI
Projected margin vs bid
0.00pts
13.0% projected · 13.0% bid · (277)
Project manager
J. Castellanos
Superintendent
M. Ferraro
Project executive
T. Hollis
Start
17 Aug 26
Substantial completion
22 Jan 27
Field schedule
On schedule
Superintendent’s note · Demolition complete in the exam wing. Framing starts 14 Sep. Mechanical and electrical awarded; finishes out for pricing.
Revised contract
$623k
$625k contract + -$2k in 1 approved COs
Projected final cost
$542k
revised budget $542k
Cost variance
+$0
projected final cost against revised budget
Cost to date
$35k
6% of projected final cost
Billed to date
$42k
7% of contract · overbilled $2k
Retention held
$4k
10% withheld by owner
Value at risk
$0
no unapproved work in progress
Progress
- Cost percent complete
- 6%
- Field percent complete
- 10%
- Schedule percent elapsed
- 15%
Cost is −8 points behind the calendar. 135 days remain to substantial completion and $507,100 of cost is still to spend.
Margin bridge
| Margin in the bid625,000 at 13.0% | 81,250 |
| +Margin on approved change orders1 approved · (2,127) sold against (1,850) of cost | (277) |
| +Cost variance against revised budgetoverruns and savings across 12 cost codes | 0 |
| = Projected margin13.0% of 622,873 | 80,973 |
Largest movers
| Every cost code is tracking within $1,000 of its revised budget. |
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 | 56,350 | — | 56,350 | 18,650 | 4,950 | 51,700 | 56,650 | (300) | 9% | 6% |
| 02 Existing Conditions | 19,700 | — | 19,700 | 19,600 | 9,200 | 10,400 | 19,600 | 100 | 47% | 45% |
| 03 Concrete | 8,500 | — | 8,500 | 8,300 | 2,900 | 5,400 | 8,300 | 200 | 35% | 33% |
| 05 Metals | 11,300 | — | 11,300 | 11,050 | 3,000 | 8,050 | 11,050 | 250 | 27% | 28% |
| 06 Wood & Plastics | 33,800 | — | 33,800 | — | — | 33,800 | 33,800 | — | 0% | 1% |
| 07 Thermal & Moisture | 8,500 | — | 8,500 | — | — | 8,500 | 8,500 | — | 0% | 6% |
| 08 Openings | 36,600 | — | 36,600 | — | — | 36,600 | 36,600 | — | 0% | 0% |
| 09 Finishes | 95,800 | — | 95,800 | — | — | 95,800 | 95,800 | — | 0% | 2% |
| 21 Fire Suppression | 16,900 | — | 16,900 | — | — | 16,900 | 16,900 | — | 0% | 9% |
| 22 Plumbing | 39,400 | — | 39,400 | — | — | 39,400 | 39,400 | — | 0% | 14% |
| 23 HVAC | 101,400 | — | 101,400 | — | — | 101,400 | 101,400 | — | 0% | 14% |
| 26 Electrical | 115,500 | (1,850) | 113,650 | 113,900 | 14,750 | 99,150 | 113,900 | (250) | 13% | 9% |
| Total — 12 cost codes | 543,750 | (1,850) | 541,900 | 171,500 | 34,800 | 507,100 | 541,900 | 0 | 6% | 10% |
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: 6 firms under contract, 0 with an expired or expiring certificate.