Native American Cultural Center Project Implementation and Project

Board of Regents Meeting
August 5-6, 2010
Item #26
EXECUTIVE SUMMARY Page 8 of 9
Capital Project Cost Estimate
University: Northern Arizona University
Project:
Native American Cultural Center
Capital
Project
Development Implementation Project
Plan Approval Approval
Capital Costs
1. Land Acquisition $ - $ - $
-
2. Construction Cost - - -
A. New Construction 4,794,907 4,794,907
B. Renovation - -
C. Fixed Equipment (Owner Furnished) - - -
D. Site Development (excl. 2.E.) - - -
E. Parking and Landscaping - - -
F. Utilities Extensions - - -
G. Other (Asbestos) - 30,000 30,000
G. Inflation and Market Adjustment (0.0%) - - -
Subtotal Construction Cost $ - $ 4,824,907 $ 4,824,907
3. Fees
A. Construction Mgr (3%) $ - $ 152,000 $ 152,000
B. Architect/Engineer (15%) - 729,585 729,585
C. Other (2%) - 116,885 116,885
Subtotal Consultant Fees $ - $ 998,470 $ 998,470
4. FF&E Movable $ - $ 316,000 $ 316,000
5. Contingency, Design Phase (0.0%) - - -
6. Contingency, Construction Phase (8%) - 386,458 386,458
7. Parking Reserve - 5,000 5,000
8. Telecommunications Equipment - 35,000 35,000
Subtotal Items 4-8 $ - $ 742,458 $ 742,458
9. Additional University Costs
A. Surveys, Tests, Inspections, etc. $ - $ 162,452 $ 162,452
B. Move-in Costs - 12,000 12,000
C. Printing Advertisement - 1,600 1,600
D. 3rd Party Estimate, UA Review, Audit - 62,000 62,000
E. Project Management Cost (2.5%) 175,000 175,000
F. State Risk Mgmt Insurance (.0034%) - 21,113 21,113
Subtotal Additional University Costs $ - $ 434,165 $ 434,165
TOTAL CAPITAL COST $ 6,000,000 $ 7,000,000 $ 7,000,000