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At the August 28, 2008 board meeting, a contract was approved by the board for pre-construction services at Jamestown Middle School with New Atlantic Contracting, Inc. in the amount of $130,000.
On October 2, 2008, New Atlantic Contracting, Inc. received bids for construction services for the Jamestown Middle School project. The Guaranteed Maximum Price (GMP) is $2,780,798. The site development construction budget for this project is $3,500,000.
The total for all contracts issued for this project is $2,910,798. The MWBE participation is as follows:
MBE $271,790............ Percent – 9.77
WBE $ 79,700............ Percent – 2.87
Total $351,490............ Percent –12.64
The cumulative MWBE participation with the 2008 bond:
- If MWBE participation is calculated based on the amount of construction contracts awarded to date for the referendum, the MWBE participation = 10.91%.
- If minority participation is calculated based on the amount of construction/architect contracts awarded to date for the referendum, the minority participation = 8.58%.
As required by General Statute 143-128.1 regarding construction management at risk, the Board of Education is required to approve the GMP. Facilities and purchasing staff attended the bid opening conducted by New Atlantic Contracting, Inc. and also reviewed the bids.
RECOMMENDATION: The administration recommends awarding a contract to New Atlantic Contracting, Inc., for construction management at risk services at the Jamestown Middle School in the amount of $2,780,798.
Attachment - MWBE Participation
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