1 Peoria Unified Governing Board Presentation December 3, 2013 Presented by Dr. Heather Cruz Old Main GMP #2 Approval

Background – Board authorized $6.5 M in bond funds for the remodel of Old Main on March 14, 2013 – Began work with Design-Build with Hunt & Caraway Architects and Core Construction in September, 2013 We have separated the GMP’s for Old Main – Short design timeline – Short construction timeline Process 2

GMP #1 approved on November 12, 2013 $742,596 Demolition began on November 19, 2013 GMP # 1 – Demolition Package 3

Seeking approval for the Renovation Package GMP tonight Renovation GMP is $5,745,278 Project is on budget Project is on schedule Expect occupancy by July 1, 2014 GMP # 2 – Renovation Package 4

Construction Contingency – $98,336 (2%) Owner Contingency – $49, 168 (1%) All contingency dollars are set aside to deal with unexpected issues that may arise with the project. If funds are not needed, they are returned to owner: Peoria Unified. Contingencies 5

GMP #1 – $742, 596 GMP # 2 – $5,745,278 GMP Total for Overall Old Main Project – $6,487,874 Totals 6

Questions 7