Page 6 - Barr&Barr_Cost Proposal

4. BREAKDOWN OF GUARANTEED MAXIMUM COST BID

The following breakdown of the Guaranteed Maximum Cost Bid is submitted for use by
Cornell University in evaluating this Proposal and is not intended as a basis for establishing
prices for additions to or deletions from the Cost of Work. The amounts shown include all labor,
materials, tools, equipment and services required to perform each of the stated items of work, and
include all taxes, insurance and other general expenses.

Cost of Work
(Trade Costs – Package 1, Excavation and
Foundation), exclusive of Bonding listed below $ 2,526,500

Bonding Options
Subcontractor Default Insurance, if proposed $ 35,478
Conventional Trade Bonding, if proposed $
Bonding Option Costs $ 35,478

General Conditions (Entire Project) $ 3,983,579

CM Fee, exclusive of insurance listed below $ 130,911

Insurance
Builder's Risk Provided by Contractor $ 10,350
Conventional Trade Insurance (GLI), if proposed $ 106,823
CCIP, if proposed $
$ 117,173
Contingency $ 75,795

Total Guaranteed Maximum Cost $ 6,869,436

Addendum No. 3 COST PROPOSAL FORM BF-4