This is the easiest way that we have been able to find to explain the $12.875M bond amount:
$12.875M is the absolute MOST this facility can cost to build it and to furnish it with needed operational items to open the doors. Think of the $12.875M as a credit limit. If you were to go out today to get a new credit card that has a $5,000 limit on it, simply because you now have $5,000 you can spend, that does not mean that you will or need to. This $12.875M is essentially the credit limit... but the same things still occur like if you were deciding on purchases. You look around, shop around, find the best of what you're looking to purchase within your budget and for the best price. There is an added almost $2,000,000 in this bond amount to allow for "contingency/inflation costs". This is to allow for anything that could possibly come up that is needed that is not figured in one of the areas below.
includes the fees for architectural designs and architect, engineer costs, all surveying and surveyors' costs, as well as any environmental consultants and geotechnical investigations. Costs are based upon a percentage (generally approximate 15%) of the anticipated construction costs at this time (based on the Needs Assessment performed by an outside consultant). Costs also include inflation factors based upon when the project would be constructed in the bond package schedule. Geotechnical is required as this investigates and reviews the soil that is on the land. This sampling provides direction and guidance to determine how the animal shelter will be built and how the ground will be able to support the building/parking areas. Environmental consultants are utilized to verify if the land is free from historical sites, wetlands, endangered species, and man made hazards and provide remediation recommendations, if necessary.
is the Construction Manager at Risk, basically these provide construct-ability expertise, cost estimating, budgeting, scheduling, construction management, etc...generally based on price of the build, they are financially liable if the project exceeds the amount.
are Construction Management, Construction Inspection and Construction Testing. These are all services needed when there is construction and is based on formulas for the cost of the construction estimate.
is just that, the actual cost to construct the building, driveways, parking lots, lights, etc.
is Furniture, Fixtures, and Equipment. Examples would be desks, chairs, staplers, artwork, computers, cages, carts, non-built in storage, deep freezers, dishwasher, fridge, conference tables, potted plants, decorations, computer switches, alarm systems, security systems, bins, brooms, medical equipment, etc.. Essentially, anything needed to run the facility that is not built directly to the building.
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