7a supp 2
Item No.: 7a_supp_b Meeting Date: January 13, 2015 International Arrivals Facility (IAF) Program update 1 IAF Procurement Plan Program budget for procurement confirmed $608M Including $43M WA State Sales Tax Excluding Concourse A Sterile Corridor extension Request for Qualifications issued and Statements of Qualifications received Positive response Selection of finalists in process Return next session to request Commission authorization to issue RFP to finalists 2 IAF Application of WA Sales Tax $565,000,000 Estimated Program Cost $43,000,000 WA State Sales Tax $608,000,000 IAF Program Budget Sales tax calculated on Design/Builder's design services and General Conditions Current interpretation requires approx. $13M more taxes paid than Design-Bid-Build delivery 3 IAF Exclusion of Sterile Corridor Extension Cost savings measure Planning forecasts taking advantage of needed soon after Design Build delivery IAF opening method Forecast based on Current estimated cost: current load $18.7M projections Load projections will change over time 4 IAF Delivery Approach Next Steps Design Build Team Selection (Q2, 2015) Validation Phase (Q3, 2015) Intensive verification by DB of program and existing conditions Guaranteed Maximum Price Development Phase (Q4, 2015 - Q2, 2017) Design and construction for initial project needs Overall design proceeds Initial and base construction Post GMP Phase (Q2, 2017 Q2, 2020) Final design and construction completion 5 IAF Delivery Approach Cost Controls Design Build Team Selection RFP Criteria Management Approach Subcontracting Approach Contract Terms Design/Construct to Budget Design/Builder Reporting Verifiable (open book, cost based) Oversight by IAF Team 6 IAF Delivery Approach Cost Controls Validation Phase Risk shifts to DB for validated site conditions Agreement on Basis of Design Agreement on Target Budget Agreement on Target Schedule Subcontracting Plan "Off-ramp" if parties cannot agree or Program "bust" discovered 7 IAF Delivery Approach Cost Controls GMP Development Phase Major design decisions made early, Port controls Prequalification of subcontractors Best value competitive selection Port decides when to establish GMP Third party verification Agreement on substantial completion date Final Basis of Design Documents received 8 IAF Delivery Approach Cost Controls Post -GMP Phase DB has discretion to complete design per the Final Basis of Design Documents Guaranteed Maximum Price Can only be changed via Change Order Price confidence earlier than with DBB or GCCM, at about 60% design 9 IAF Delivery Approach Cost Controls 10 IAF Delivery Approach Cost Controls Payment Methods Cost of the Work: actual reimbursable costs Fee: competitively bid percentage Fixed Fee: may be set at end of Validation Phase Insurance/Bonding Multiplier: competitively bid Personnel Multiplier: competitively bid Not To Exceed Sum: early trade package "mini GMP" Lump Sum: agreed sum for specific scope of work Hourly Rates: competitively bid for key personnel Performance Incentive Plan: periodic assessment 11 IAF Future Commission Action Staff will return on January 27th to request authorization to issue RFP to shortlisted finalists in Design/Builder Team procurement 12
Limitations of Translatable Documents
PDF files are created with text and images are placed at an exact position on a page of a fixed size.
Web pages are fluid in nature, and the exact positioning of PDF text creates presentation problems.
PDFs that are full page graphics, or scanned pages are generally unable to be made accessible, In these cases, viewing whatever plain text could be extracted is the only alternative.