Project Budget Review _ ControlDeveloped by:

Daniel J. Renna

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Provide Change Order Management Services at no cost if savings isn’t achieved (Services to be provided for a portion of Shared Savings Only).

Produce Annual Cost Savings of 20%. Special introductory Owner’s

Representative Service discounted rates. Construction / Program Management Site Selections / Feasibility Reports Construction Cost Estimates / Audits Construction Inspections / Close-outs

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Our goal is to improve Project Budget Control by reviewing programs in place, established procedures and making recommendations to develop cost savings.

Our target is to achieve 20% reduction in cost ‘Annual Cost Savings’.

Part of this plan will include a comparison of the results in relationship to other projects managed as ‘business as usual’.

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Project Budget Review

Project /Budget Control

Cost Savings Concepts

Future Program Implementation

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Current Projects in Place Review of projects and required budget / schedule milestones. Staffing Plans Review of current outsourced contingent staff in place per

program. Review of construction management staffing costs vs. owner’s

representative proposed plan. Established Budgets Review of approved budget, cash-flow & scorecards.

Established Schedules Review of current project schedules and required

milestones.

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Budget Control Ensure project budgets are maintained. Schedule Control Ensure project schedules & milestones are met. Bid Process Assist in RFP / bid process to ensure requirements, inclusions and

clarifications are addressed prior to award and included in scope of work. Payment Requisitions Perform payment requisition review process. Ensure Clients requirements are maintained. Protect Client from potential overbilling per period and unauthorized

change order billing. Close-out Process Established program in place. Ensure Close-out activities occur in a timely fashion in effort to maintain

required completion dates.

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Staffing Plan Scope of Work

Development Design Review Schedule Compliance Change Order

Management OCIP Contract

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Facility Analysis Sq Ft Usage, Sq Ft Reduction, Energy Efficiency, Sale & Lease Options

Site Selections / Feasibility Reporting

Detailed Site Selection Matrix, Accurate Cost Estimating & Schedule Development

Design Requirements

Review Clients Design Standards, Ensure Design meets standard requirements & CAF’s and make recommendations for cost savings

OCIP Program

Perform analysis of cost & compliance benefit

Contract Amendments

Review Vendor Contracts and make recommendations for cost savings.

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Modified Rate Reduction Offer for NY Metro Region:

1. Program Manager @ $130.00 per hour2. Project Manager @ $85.00 per hour3. Planner @ $70.00 per hour4. Inspector @ $60.00 per hour5. Project Administrator @ $35.00 per hour Shared Savings Option where services are paid

based on percentage of savings created for applicable activities ( % TBD).

Fee’s are based on Project Duration / Scope of Work ( Duration & Staff Plan TBD).

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Presentation Meeting Identify Targeted Activities Develop SOW Develop Staffing Plan Develop Fee Structure Develop / Submit Proposal Obtain Authorization to Proceed Engage Services

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COMMENTS / QUESTIONS:

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Submit Comments / Questions : Daniel J. Rennadanrenna@ucmor.com / 347-366-2729