There were none.

Mr. Martin asked Mr. Tony Pina of Terva Corporation to give an update on the elementary school roof project. He gave the following report:

• Estimate of $3.75M for the roof and $1M for the alternative HVAC.
• Lowest bidder for $4.2M project by $88K was Northern Construction with subs of Capeway for the roof ad Costa for the masonry.
• Budget created based on bid numbers not only includes construction costs but soft cost of construction administration by the architect; built in $5K for hazmat removal.
• Goal is to keep the project under $5.2M by restricting change orders.
• The same contractor that completed the middle school roof project but a different roofer.
• Construction design drawings to 100% construction level with sub bidders for electrical and plumbing.
• Same general contractor as previous roof project with no concerns.
• Although HVAC bidder lacks reputation for service., has good DCAM scores with no uncompleted projects.
• The $4.9M includes everything new on the roof including enabling work for new HVAC equipment and new storefront with handicap actuator; not replacing small roof on top of the penthouse and HVAC equipment.
• Although not on previous roofing project, liquidated damages of $1K/day added if timeline of completion of work before school year begins.
• Phase 2 to begin in summer of 2025 for HVAC equipment; 30% of cost ($600) due in 2024 to prepurchase equipment for six months delivery; equipment held with contractor until installation; cost does not include the GC part of cost of prep, mobilizing and managing.
• Schedule of values to be submitted by contractor for monthly cash flow estimate by Mr. Pina to be submitted to FRCS by the end of this month.
• Contract has been reviewed by counsel.
• Includes storefront benches on each side of the second storefront wall.

Mr. Martin noted that initially consideration was given to including this project with replacement of the HVAC equipment in the high school gym, but because of the scope and magnitude of the project it was decided to reconsider in the future. Mr. Pina stated that, although the biggest value would have been to bid the projects together, the equipment at the high school does not require the same lead time as the elementary project, work on design could begin now and put to bid in 2024 to be done in 2025. The value of Terva’s management at that time would be a plus, as the on-site manager could easily oversee the two HVAC projects.

Mr. Pina stated that the project could still be considered if a decision is made within six months, with construction drawings completed before the end of the year.

Mr. Yezukevich will discuss further with the Board and get back to Mr. Pina.