Opening of Qualifications - WWTP CSO Tank RFQ Guaranteed Savings Contract Proj No. 121-071-A - Bowen Enigneering

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eowEry FINANCIAL APPROACH Bowen does not stop working to obtain the best overall price beyond the estimating stage. We continue to do so in the construction phase following the storyboarding session. To date, Bowen has delivered every GSC project scope with no change orders. Our approach to obtaining construction phase savings for South Bend includes: ► Construction Engineering — Bowen has some of the most experienced superintendents in the industry allowing us to find better ways to construct your project even in the field. ► Production Savings — Our project managers and project engineers are meeting every morning on your job site to discuss better ways to install, which results in project savings for our customer. ► Subcontractor Scope Management — Our project managers and purchasing managers go through finite scope reviews with our subcontracting partners to ensure no double -ups or gaps. ► Utility Rebate Savings — Bowen's energy engineers (Teddy Deahl and Brian Stater) have over 22 years of utility rebate and grant experience. This experience assisted the City of Huntington in receiving an $80,000 custom utility rebate, the City of Plainfield receiving a $50,000 custom utility rebate, the City of West Lafayette receiving a $56,000 utility rebate, and recently, the town of Rossville receiving a $1,200 utility rebate. Related to your project, Bowen is a NIPSCO Trade Ally. 5b) Explain how the Provider plans to offer a Guaranteed Maximum Price, with no change orders, for this project. Bowen's agreement states that we can't drive a change order and our price is guaranteed. We haven't had a contractor driven change order on any of our 100+ Guaranteed Savings Contracts. Bowen firmly stands behind our guaranteed maximum price (GMP). We are able to confidently offer the guaranteed price by working with South Bend and Engineering partners through the design period. Our tried and true approach and process will have the following components: ► Establish a Baseline at Concept Level Design: Our group of highly experienced estimators are exceptionally talented at developing high level pricing for projects such as yours. ► Refining the Baseline Budget through 30% and 60% design: Our collaborative approach will have our Senior Estimators and Design Assist Manager in the room with South Bend and Engineering Partners for design update meetings. Their responsibility is to listen for, and evaluate changes to the concept(s) and offer solutions, price impact opinions, and alternatives as necessary.