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7.1.B. SR 10-16-2006
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7.1.B. SR 10-16-2006
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1/21/2008 8:36:39 AM
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10/13/2006 11:25:55 AM
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<br />It is difficult to determine exactly where the estimated numbers varied from actual bids. After reviewing <br />the MEANS Construction Cost Index, which was just issued this month for Third quarter 05 - third <br />quarter 06, we see that escalation has increased. Our estimate reserved 3% in escalation, when now we <br />can see overall there has been a 6.9% increase. In specific areas, for example site work escalations are <br />reported at 13%, while masonry is reported at 8% increase. These numbers in hindsight are not a tool, <br />but confirmation that an estimate is that. <br /> <br />I will be present Monday to discuss these items for you and council. <br /> <br />Please do not hesitate to call at any time with any other questions or comments. <br /> <br />Jennifer Anderson-Tuttle, Associate <br />KKE Architects, Inc. <br />ituttle@kke.com <br />612-236-3786 cell <br /> <br />Copy to: <br /> <br />Mohammed Lawal, AlA <br />
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