BOND PROGRAM UPDATE

Long Beach Community College DistrictCitizens’ Oversight Committee Meeting

October 11, 2004October 11, 2004

AGENDAAGENDAAGENDAAGENDA

Construction UpdateConstruction Update Budget vs. Actual BidsBudget vs. Actual Bids

Mitigation MeasuresMitigation Measures Highlighted Projects in DesignHighlighted Projects in Design

Questions & AnswersQuestions & Answers

CONSTRUCTION UPDATECONSTRUCTION UPDATE

Proposition 47 Funded Construction NTP Issued

10/4/04 $6.9 M Construction Award Tied to Completion of

Interim Facility (District Facilities & Warehouse Complex)

Measure E Funds will be Used for Aero Pilot Project

Technology Phase 2 (Replacement of SS & TT)Technology Phase 2 (Replacement of SS & TT)

CONSTRUCTION UPDATECONSTRUCTION UPDATE

Measure E Funded Construction NTP Issued 10/7/04 $8.2M Construction Award

(includes Tech 2 Interim Facility Build-out)

Completion Date Critical for Tech Phase 2

Will be Converted to District Facilities & Warehouse Project

Saves the District Over $1.5M+

Interim Facility – Veteran’s Stadium (Tech 2 Interim)Interim Facility – Veteran’s Stadium (Tech 2 Interim)

CONSTRUCTION UPDATECONSTRUCTION UPDATE

Proposition 47 & 1A Funded Construction NTP Pending

State Authorization to Award $5.75M Actual Construction

Bid Partially Funded by Measure

E Funds Extensive Value Engineering Construction Planned to Start

October/November 2004

PCC - Child Development CenterPCC - Child Development Center

CONSTRUCTION UPDATECONSTRUCTION UPDATE

Measure E Funded $750K Construction Budget Start of Major

Modernization Program Re-Bid Due October 21,

2004 Construction to Start

Immediately Fall 2004 Partially Funded with

Scheduled Maintenance Funds

Mens Gymnasium Boiler ReplacementMens Gymnasium Boiler Replacement

BUDGET VS. ACTUALBUDGET VS. ACTUAL

Project Contractor Budget Bid Variance

Technology Phase 2 Pinner Const. Service, Inc.

$7,275,120 $6,934,000 $341,120

Interim Facility – Veterans Stadium (Tech 2 Interim)

Pinner Const. Service, Inc.

$5,000,000 $8,225,000 ($3,725,000)

PCC – Child Dev. Center

RC Const. Services, Inc.

$3,215,669 $5,750,000 ($2,534,331)

Men’s Gym – Boiler Replacement*

Bon-Air, Inc.* $750,000* $672,000* $78,000*

* All bids rejected. Information provided for information purposes only.

MITIGATION MEASURESMITIGATION MEASURES

Budget Contingencies (Project and Owner Level)Budget Contingencies (Project and Owner Level) Independent BMT Estimates During DesignIndependent BMT Estimates During Design Review of A/E Estimates During DesignReview of A/E Estimates During Design Periodic Design Tech ReviewsPeriodic Design Tech Reviews Value Engineering SessionsValue Engineering Sessions Market Watch (Construction Industry Monitoring)Market Watch (Construction Industry Monitoring) Post – Bid Contractor PollingPost – Bid Contractor Polling Review of Budget w/ DistrictReview of Budget w/ District Construction Change Order EstimatingConstruction Change Order Estimating

HIGHLIGHTED PROJECTS IN DESIGNHIGHLIGHTED PROJECTS IN DESIGN

Measure E Funded Culinary Arts & Economic Development Programs Building Programming Refined Analysis of All New Construction vs. Partial Demo Construction Start Anticipated Fall 2005 CEQA Process Underway

Los Coyotes BuildingLos Coyotes Building

HIGHLIGHTED PROJECTS IN DESIGNHIGHLIGHTED PROJECTS IN DESIGN

Measure E Funded 50% Construction Documents Submitted $27M Budget Includes Bid Alternates 108,000 SF of Educational and Administrative Space Construction Start Anticipated Late Summer 2005

South Quad ComplexSouth Quad Complex

QUESTIONS & ANSWERS

Long Beach Community College DistrictCitizens’ Oversight Committee Meeting

October 11, 2004October 11, 2004