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F/~ITH FU L <br />,COULD <br />THE BILTMORE, SUITE 500; 817 WEST PEACHTREE STREET, NW; ATLANTA GEORGIA 30308 PH 404.874.3638 FX 404.874.1473 <br />August 15, 2008 <br />Mr. John Day, County Manager <br />Cabarrus County <br />65 Church Street, SE <br />Concord, NC 28026 <br />Re: Cabarrus County Detection Center -Housing Facility <br />Review of Turner's escalated project cost <br />Dear Mr. Day; <br />At your request, Faithful + Gould has undertaken the task of evaluating the escalated <br />cost that Turner has submitted for 2008. We were instructed to accept that the scope as <br />presented is valid. As you will see in the review, Turner has also included additional <br />scope and "hold' items in addition to the escalation factors. <br />Steps Taken: <br />• Reviewed escalated estimate as provided by Turner on 7-17-08 <br />• Issue first pass of comments to Cabarrus County and Turner 7-24-08 <br />• Received Turner's responses 8-4-08 <br />• Issued status letter with annotated comments 8-8-08 <br />• Met with Scott Milligan of Turner 8-12-08 to resolve outstanding comments <br />Conclusion: <br />As an overview, Turner's OH&P cost is in line with what we would present as a 2006 <br />escalated cost to 2008. As shown on the attached summary sheets, we are within less <br />that 1 % of the cost now presented by Turner. It should be noted however that we have <br />accepted the additional scope and holds at Turners cost. We have requested that <br />Turner explain the nature of the scope increases and holds to present to Cabarrus <br />County a complete picture of the Turner 2008 price. However as it was not in our scope <br />of review, we must leave the final evaluation as to the validity of these holds in the <br />hands of Cabarrus County and the design team. We will state that some of the scope <br />increase is clearly due to the delay of the housing unit construction. <br />Current Project Totals: <br />Turner $58,339,852 <br />F+G $58,082,134 <br />Delta $257,171 <br />This represents a reduction of $293,960 form Turner's estimate received 7-17-08 <br />Page 2 <br />UNITED KINGD(Nd UNITEDSTATE3. CDNTINENTALEURGPE ASIR INFO~FGOULp:CpM FGGt1lD;C0M <br />FaNMuhCoiM k a peel of the ATKt NS Gmup <br />~~ <br />