7a supp

Item No: 7a_supp
Date of Meeting: September 28, 2010
RCF Construction
September 2, 2010




August 4, 2010

RCF Construction

Area F, Level 2 Deck and Column Installation                   On-Site Roadway Progress






QTA #3 Canopy Installation                           CSB High Roof  East
2

Rental Car Facility Program
Contract - Status Summary

Base Contract        Revised            Commitment *            Unallocated       Billed to date
Amount                                       Balance      (as of 31-July-10)
Pending    Executed
Consolidated Rental Car Facility
Total Construction Costs  $224,837,739        $215,774,530       $134,428   $206,068,361        $9,571,741         $137,782,512
Construction Contingency Summary

Non Suspension Contract Changes   $5,953,159        $18,092,439      $3,075,876    $7,806,182        $7,210,381          $5,154,628

Suspension Related Contract Changes                  $16,800,000       $828,301    $7,827,644        $8,144,055          $6,655,482

Off Site Roads
Total Construction Costs   $7,627,485                                 $7,627,485             $0

Contract Changes   $1,087,000                                    $0       $1,087,000


NOTE: * current as of September 15, 2010
3

Consolidated Rental Car Facility
Program Costs as of 9/16/10
Project      6/30/09    2/2/10       Approved   Pending     Remaining   Expended to  Forecast to
Budget    Authorization  Transfers/  Transfers/   Contingency  Date      complete
Trends    Trends
RCF      $350,772,000  $350,772,000 $15,633,826   $3,904,177  $15,354,436  $209,130,789  $350,772,000
BMF     $28,282,000  $28,282,000    $0     $0  $1,434,000  $3,494,273  $28,282,000
ORI       $19,542,000   $19,542,000 ($3,229,000)       $0   $1,087,000   $3,103,150  $16,202,450
MTI       $3,383,000    $583,746     $0      $0   $338,300    $26,447   $3,383,000
Buses      $17,327,000   $16,000,000 ($4,911,269)       $0    $219,897      $212   $12,415,731
Unallocated
$0         $0  $8,140,269        $0   $8,140,269        $0        $0
Contingency
Total      $419,306,000   $415,179,746 $15,633,8268   $3,904,177  $26,573,902  $215,754,871  $411,055,181

4

Consolidated Rental Car Facility
CFC Funding Forecast Comparison
Revised August 16, 2010

$110 
Cum. Ricon o Feasibili  104.
,
$105                                                                  J
a)"
,X"
$100 
"a
l
I
X
$95 

$90 
(II
C
.2
$85                                    -                                           E
E
.E
9  $80
g                           Cum. R condo Feasioility, 812.2
0
0  $75

$70

$65

$60
Mar09 Apr09 May09 Jun09 Jul09 Aug09 Sap09 Oct09 Nov09 Dec09 Jan10 Feb10 Mar10 Apr10lMay10 Jun-10|Ju|10|Aug10 Sep10|Oct10 Nov10|Dec10
($'sin Millions)
.    o3zggegcgsi=tc 1
63,6   65,1   66.7   68.6   70.8   73.5   76.3   78.6   80.6   82.1   83.6   84.9   86.2   87.7 ' 89.3   91.2 ' 93.4 ' 96.1   99.0 '1013  103.3 '1048

ICFC Actuals  64 4  66,2  67.8  69 6      74 2  76 7  78,9  80.9  82,3  83.6  84 6  86.5  881  89,8  91.2  93 7

0  Cum. Ricondo
2                                                        82-2                                                                     104.9
FeaSIbility
Delta ofAct.
To 3/2/09                                        0.2   0.3   0.1   01   0,3   0 3   0,4   0.5   0 0   0 3
Forecast



1 3/2/09 forecast is Port's monthly forecast, based on same assumptions as Ricondo Feasiblity analysis.

2 Latest Ricondo Feasibility is May '10

3 No interest proceeds in amounts shown.                                                                                                                          5

BMF Bid Information
Amount      Percent
Above/(Below)   Above/(Below)
Bid Amount     Estimate      Estimate
Engineer's Estimate              $16,109,000.00       N/A           N/A
Bayley Const A Gen Partnership *     $12,923,988.05    ($3,185,011.95)      -19.8%
Ferguson Construction, Inc.         $13,086,443.50    ($3,022,556.50)      -18.8%
Pease & Sons, Inc.               $13,351,222.56    ($2,757,777.44)      -17.1%
Panattoni Construction            $13,369,000.00    ($2,740,000.00)      -17.0%
Graham Contracting Ltd.          $13,394,000.10   ($2,714,999.90)      -16.9%
Absher Construction Co           $13,582,905.25   ($2,526,094.75)      -15.7%
JTM Construction              $13,647,755.00   ($2,461,245.00)      -15.3%
J.E. Dunn Construction Co., Inc.      $13,676,600.00    ($2,432,400.00)      -15.1%
Berschauer Phillips Const Co., Inc.     $13,919,600.00    ($2,189,400.00)       -13.6%
JV Constructors, Inc.              $14,270,006.56    ($1,838,993.44)       -11.4%
Taylor Meridian, LLC            $14,482,023.98   ($1,626,976.02)      -10.1%
Average Bid                 $13,609,413.18   ($2,499,586.82)      -15.5%
* Bid rejected, determined non-responsive
6

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