1. 1 Management Report on Bradley West Project BOAC Meeting October 5, 2009

2. 2 Upcoming Decisions - Bradley West Gates - Bradley West Core How CMAR Works Program Budget Overview Board Action - October 19, 2009 AGENDA

3. 3 UPCOMING DECISIONS Exercise Bradley West Gates Project Construction Option Approve the contract amendment with an upper limit of $545.5M Approve a Budgeted Owner’s Contingency of $61.4M Delegate Signature Authority for Change Orders Appropriate Capital Funds in an amount of $14.7M ► Gates

4. 4 UPCOMING DECISIONS Award Core Construction Manager at Risk (CMAR) Contract and Authorize Preconstruction Services Award contract with upper limit of $584.2M Approve a Budgeted Owner’s Contingency of $66.7M Appropriate Capital Funds in an amount of $25.1M Delegate Signature Authority for Change Orders ► Core

5. 5 HOW CMAR WORKS $545.5M Passenger Boarding Bridges Preconstruction Bus Gates and TPAR Equipment Procurement Core Emergency Egress Site Enabling Foundations/Steel/Utilities Exterior Skin and Systems Interior Architecture and Finishes West Apron Work North and South Concourse Demolition LAWA provides CMAR with work packages CMAR commits to complete each package for a Component Guaranteed Maximum Price (CGMP) Each CGMP will be presented to BOAC for approval and appropriation of funds CMAR must competitively bid 90% of Scope of Work from minimum of 3 bidders CMAR cannot perform more than 10% of Scope of Work Each CGMP will be additive resulting in an “aggregate” Guaranteed Maximum Price for all Scope of Work appropriated to date within the contract amount of $545.5M Bradley West Gates CGMPs

6. 6 PROGRAM BUDGET OVERVIEW Total Program Cost Summary Report PROGRAM BUDGET

7. 7 PROGRAM BUDGET OVERVIEW Bradley West Element ELEMENT BUDGET

8. 8 PROGRAM BUDGET OVERVIEW Bradley West Gates PROJECT BUDGET (dollars in millions) Bradley West Gates ITEM No.ITEM/DESCRIPTIONAMOUNT 1.Construction501.40 2.Program Management20.13 3.Design52.40 4.Construction Support28.65 5.LAWA / City Support34.10 SUBTOTAL BUDGET636.68 Contingency54.98 TOTAL PROJECT BUDGET691.66

9. 9 BOARD ACTION – OCTOBER 19, 2009 Bradley West Gates Project Construction Option Approve the contract amendment with an upper limit of $545.5M Existing Concourse Demolition/West Aprons $42.9M Bradley West Gates $501.4M Temporary Power and Relocation (TPAR) $1.25M $545.5M Approve a Budgeted Owner’s Contingency of $61.4M Appropriate Capital Funds in an amount of $14.7M LAWA Support $6.0M City Services $8.7M $14.7M

10. 10 BOARD ACTION – OCTOBER 19, 2009 Bradley West Gates Project Construction Option Bradley West Gates 1. Airside Element – Concourse Demolition / West Aprons 42.90 2. Bradley West – Concourses 501.40 3. Utilities & Infrastructure – TPAR 1.25 Total Cost545.55

11. 11 Process Administrative Requirements Technical Requirements (Quality Points) Interview (Quality Points) Fee Fee x Budget / Total Quality Points = Ultimate Cost Award Core Construction Manager at Risk (CMAR) Contract and Authorize Preconstruction Services Selection Process Results Received seven proposals Interviewed all seven firms Walsh Austin Joint Venture Proposed Lowest Ultimate Cost BOARD ACTION – OCTOBER 19, 2009

12. 12 BOARD ACTION – OCTOBER 19, 2009 Bradley West Core Improvements Award contract with upper limit of $584.2M West Apron $2.2M Core $569.0M Temporary Power and Relocation $13.0M $584.2M Approve a Budgeted Owner’s Contingency of $66.7M Appropriate Capital Funds in an amount of $25.1M Pre-Construction Services $6.0M Public Art Allowance $5.4M LAWA Support $6.2M City Services $7.5M $25.1M

13. 13 BOARD ACTION – OCTOBER 19, 2009 Bradley West Core Improvements 1. Airside – Apron Strip 2.20 2. Bradley West – Core 569.00 3. Utilities & Infrastructure – TPAR 13.00 Total Cost584.20

14. 14 BOARD ACTION – OCTOBER 19, 2009 Signature Authority Exercise authority pursuant to Charter Section 376 Authorize Executive Director to execute change orders up to $1M Limit accumulative amount of change orders to no more than 10% of the BOAC approved aggregate guaranteed maximum price Report monthly to BOAC on all change orders executed throughout the term of the contract