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  5. ›Elmwood School Owners Project Manager Contract Amendment

Awarded contract·Hopkinton Public Schools·Massachusetts

Elmwood School Owners Project Manager Contract Amendment

Won by The Vertex Companies, LLC$4.1MAwarded 11/28/2023Single Award
Contract source

Awarded vendors

  • The Vertex Companies, LLC

Description

This amendment extends the Owner’s Project Manager (OPM) services for the Hopkinton Elmwood Elementary School reconstruction, covering design development through final close‑out and adding an extra fee period through January 2029. The OPM, The Vertex Companies, LLC, will provide comprehensive project‑management, cost‑control, schedule monitoring, change‑order administration, and reporting under a Design‑Bid‑Build framework for a $124.95 M construction budget. Key financial terms include a total OPM fee of approximately $4.09 M (plus a $250 k amendment fee) and several reimbursable service line items. The contract is a sole‑source award with no competitive procurement, and it mandates compliance with Massachusetts Davis‑Bacon prevailing‑wage rules and MSBA reporting requirements. • Scope: Full‑cycle OPM services (design development, construction documents, bidding, construction administration, close‑out). • Schedule: Effective 29 Nov 2023; phases run through May 2025 with final close‑out by Dec 2027 and an amendment‑driven fee due Jan 2029. • Financials: Construction budget $124.95 M; OPM total compensation ≈ $4.1 M (≈ 3 % of construction cost).

Attached files

Key dates

Intent to award
11/28/2023
Awarded
11/28/2023
Contract modified
11/29/2023
Starts
11/29/2023
Ends
1/1/2029
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Consulting Services
NAICS
541618
Solicitation №
Project Number 202001390010

Contract value

$4,087,130

The contract explicitly lists the Owner’s Project Manager fees: $250 k (feasibility), $350 k (design development), $400 k (construction documents), $50 k (construction administration), $3,106,130 (close‑out), plus $120 k of general reimbursables, $6 k bid‑hosting, $55 k sub‑consultant costs, and an amendment‑only additional fee of $250 k. Summing the primary fee lines yields $4,087,130; adding the amendment‑related $250 k brings the total to $4,337,130. Therefore the contract’s monetary value is best approximated at roughly $4.1 million for the OPM services, which represents about 3 % of the $124.95 million construction budget. No other vendor payments are disclosed, so the estimate focuses on the OPM compensation.

AI estimate from the award documents

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