C ONSTRUCTED / P ROJECTED C OSTS : 2010 - 2019 Elementary Schools - - - PowerPoint PPT Presentation

• G. H. MITCHELL ELEMENTARY SCHOOL

BRIDGEWATER, MA SBC MEETING: SEPTEMBER 24, 2018

Raymond Design Associates

Interior/Furniture/ Equipment/Technology Building Costs Site Costs Design/Engineering/ Management Parking Sidewalks Roadways Drainage Play fields Playgrounds Retaining Walls Earth Moving Landscaping Foundations Structure Enclosure Interior Finishes Conveying Equipment HVAC Plumbing Electrical Overhead, Fees, Profit Classroom Furniture Dining Furniture Library Furniture Art & Music Equipment Custodial Equipment Communication Equip. Computers & Printers Phones Copiers Servers Architects Engineers Owner’s PM Permitting Environmental Administrative Legal Moving Cost Printing/Advertising Contingency

Hard Costs (Construction Costs) Soft Costs

TOTAL PROJECT COST

HARD COSTS + SOFT COSTS

TOTAL PROJECT COSTS

CONSTRUCTED / PROJECTED COSTS: 2010 - 2019

$600 2014 2015 2016 2017 2018 2013 2012 2011 2010

$520

$500

$480 $460 $440 $420

$400

$380 $360 $340 $320

$300

$280 $260 $240 $220

$200

$580 $560 $540

2019

3% Escalation

GC Bids Received or GMP Executed GC Bids or GMP Expected

Elementary Schools - constructed Middle/High Schools - constructed

Elementary Schools - projected Middle/High Schools - projected

Cost ($/ SF)

MSBA PROJECT COSTS DATA

2018 PROJECTED COSTS: ELEMENTARY SCHOOLS

2018 Cost ($/ SF)

$580 $560 $540 $520

$500

$480 $460 $440 $420

$400

$380 $360 Clyde F. Brown Elementary (515 students)

District: Millis, MA Construction Cost: $475 $475

Wildwood Elementary School (750 students)

District: Amherst, MA Construction Cost: $442 $442

Early Childhood Center (200 students)

District: Dedham, MA Construction Cost: $416 $416

Hillside Elementary School (430 students)

District: Needham, MA Construction Cost: $412 $412

Peebles Elementary School (460 students)

District: Bourne, MA Construction Cost: $385 $385

Templeton Center School (580 students)

District: Narragansett, MA Construction Cost: $351 $351 Elementary Schools - projected Anticipated Construction Start

2019

MSBA PROJECT COSTS DATA

$580 $560 $540 $520

$500

$480 $460 $440 $420

$400

$380 $360

2018

Tisbury Elementary School (285 students)

District: Tisbury, MA Construction Cost: $530 $530

Hildreth Elementary School (445 students)

District: Harvard, MA Construction Cost: $507 $507

Maria Hastings Elementary (645 students)

District: Lexington, MA Construction Cost: $483 $483

Winthrop Elementary School (775 students)

District: Ipswich, MA Construction Cost: $450 $450

Chapin Street Elementary (630 students)

District: Ludlow, MA Construction Cost: $431 $431

Richer Elementary School (610 students)

District: Marlborough, MA Construction Cost: $429 $429

Mulcahey Elementary School (735 students)

District: Taunton, MA Construction Cost: $418 $418

Cost ($/ SF)

Elementary Schools - projected Anticipated Construction Start

2019

MSBA PROJECT COSTS DATA

2019 PROJECTED COSTS: ELEMENTARY SCHOOLS

BENCHMARKING - TOTAL PROJECT COSTS

K-2 GRADE CONFIGURATION

Description GSF

(Gross Square Feet)

Construction Cost (per SF) Total Project Cost Bridgew ater Cost

(estimated after MSBA reimbursement)

Base Building Renovation 134,235 $22,204,858 ($165.42/sf) $27,534,023 $27,534,023 Addition/Renovation 147,335 $71,274,383 ($483.76/sf) $88,767,358 $51,485,067 New Construction 133,743 $71,586,759 ($535.26/sf) $88,766,341 51,484,478

BENCHMARKING - TOTAL PROJECT COSTS

K-3 GRADE CONFIGURATION

Description GSF

(Gross Square Feet)

Construction Cost (per SF) Total Project Cost Bridgew ater Cost

(estimated after MSBA reimbursement)

Base Building Renovation 134,235 $22,204,858 ($165.42/sf) $27,534,023 $27,534,023 Addition/Renovation 166,635 $78,488,207 ($471.02/sf) $97,325,376 $56,448,718 New Construction 159,196 $82,227,682 ($516.52) $101,962,326 $59,138,148

BENCHMARKING - TOTAL PROJECT COSTS

EXCLUSIONS (CONSTRUCTION COSTS)

• Alternative Energy – PV Systems
• Alternative HVAC systems – Geothermal
• Net Zero Compliance
• Any premium foundation for poor soil conditions
• Synthetic Turf Fields
• Field Lighting
• Any off site work to other schools to support the grade

configuration

• Any off-site modifications to surrounding intersections,

roadways, etc.

Daedalus Projects, Inc. 1 Faneuil Hall Marketplace South Market Building, Suite 4195 Boston, MA 02109-6117 (617) 451-2717 |www.daedalusprojects.com