Last Wednesday the SBC continued the Value Engineering (VE) process to ensure the project remains on budget. As reported last week, the cost estimates at the end of the 60% Construction Documents phase (60% CD) came in about $2.8M higher than the budget, so the SBC embarked on another round of VE. We’ll be honest, this is not the fun part of the job. As the Committee works through a series of cost-reduction line items, we are guided by the Project Principles that the SBC and the community established and articulated two years ago:
- Focus on educational value
- Make the project Net Zero
- Respect the look and feel of the campus
- Make choices that retain the long-term value of the project
After Wednesday’s meeting, VE is almost complete and the SBC expects to complete the process this week (Wednesday, 7pm, Hartwell multipurpose room).
What happens next?
- Once VE is complete, the project officially moves into the 90% Construction Documents phase (90% CD). This phase is when the final details are fleshed out in preparation for putting the project out to bid.
- We already have a Construction Manager (Consigli), but need to solicit bids for the areas of the project that are subcontracted (e.g. plumbing, HVAC, etc.)
- The 90% CD phase will be completed by the end of December. One more round of cost estimates is performed before the bid documents are finalized.
- UPDATE: The temporary classroom units will start arriving from the Hanscom campus on WEDNESDAY night (this is a change). 6-7 trailers per night will be delivered over the course of a number of nights until all 37 units are on the campus.
Just for fun…(click on the question to see the answer)