Township Council Meeting — Packet

FIXED FEE CALCULATION PROJECT: Washington St. Corridor Improvements Project Phase 2 (PE) CONSULTANT: MFS AGREEMENT OR CAM NO. PREPARED BY: DATE: Scott Dey 8/2/2024 EVALUATE PROJECT SPECIFICS: Directions: Prime Consultant will use Total Project Design Cost (or Task Order Design Cost) for the SIZE criteria Each Subconsultant will assign points for SIZE, COMPLEXITY, DURATION, & DEGREE OF RISK based on its specific project tasks. SPECIFICS CRITERIA SIZE: COMPLEXITY: DURATION: DEGREE OF RISK: POINTS RATING SMALL - Total Fee (Project Design Cost) < $1,250,000 15 15 LARGE - Total Fee (Project Design Cost) > $1,250,000 20 SIMPLE - Limited Scope of Work; Deck Patching, Resurfacing, Restoration, Concept Development, Studies, Surveys, Landscape, Inspections 10 STANDARD - Moderate Scope; Rehabilitation, New, or Reconstruction 15 COMPLEX - Multi-disciplined, Highly Specialized, or Major Unusual 20 STANDARD - Appropriate Schedule 15 AGGRESSIVE - Designers Schedule Reduced > 10 % 20 LEVEL 1 - Low Risk of Claims; Limited Scope of Work, Deck Patching, Resurfacing, Restoration, Concept Development, Studies, Surveys, Landscape, Inspections 20 LEVEL 2 - Average Risk of Claims; Standard Complexity or Level 1 with High Public Exposure 30 LEVEL 3 - High Risk of Claims; Hazardous, Experimental, or Bonus/Penalty Clauses 40 10 15 20 TOTAL RATING = 60 CALCULATE FEE: PROJECT SPECIFICS FACTOR (Total Rating /100) = 0.60 FEE FACTOR (Project Specifics Factor x 0.30) = 0.18 DIRECT LABOR COSTS $ 14,534 TOTAL FEE (Direct Labor Costs x Fee Factor) = $ 2,616 Fixed Fee Calculation Page 1 Revised 08/12/2015