Clinical Research Building/Health Village - Onix Group

starting point to spin off sub-schedules for Design, Pre-Bid, Procurement, Construction and Occupancy. Budget Establishment and Control Establishment of an initial Baseline Budget and management of that budget through the Design Development process is the main purpose of Preconstruction Services. We have found that providing four budgets works best: - 25% Baseline Budget – We have provided a conceptual budget in this RFP Package. With the first information that becomes available and when we begin to form our direction on structure and exterior finishes, we will develop a 25% budget that will serve as our baseline. - 50% Budget – As our design direction becomes clearer and the drawings evolve to 50%, we will begin to engage select subcontractors for assistance in our budgeting. If we see ourselves deviating significantly from our Baseline Budget, we will immediately explore our options. - 75% Budget – As the drawings evolve to 75%, with construction details and preliminary specifications, we will continue to engage select subcontractors to continue to fine tune our budget and flush out any issues. - 100% Budget – Upon completion of 100% drawings, we will begin the Estimate / Out to Bid Phase Optimally, we want to be as far along in the design development process as possible before beginning the formal bid process. The farther a project is in the design development process, the fewer pricing changes will be incurred during construction. That said, we can bid the project at any time during design development. The formal bid package will include: - Bid Date and Time - Protocol for routing Requests for Information (RFIs) - Bid Form tailored to Onix’s Requirements - Complete Drawings issued “For Bid” - Complete Specifications and Reports issued “For Bid” - Subcontractor Insurance Requirements - Preliminary Overall Project Schedule Establish Sublist Estimate - The following is a general discussion of our approach to managing the out to bid process: Organize Bid Documents and Create Bid Package