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SECTION 6 <br />FINANCIAL APPROACH <br />Kokosing's Financial Approach addresses our ability to secure the best prices for your project, our <br />approach to establishing the guaranteed maximum price, our approach to open -book pricing, and our <br />ability to bond this project. The sections below demonstrate our experience and capacity, utilizing the <br />key topics presented in the RFP <br />A. BEST PRICE APPROACH <br />Every Owner wants to feel confident that they have received the "best price" for a project. At Kokosing, <br />we go a step further to provide the right price. The difference between "best" and "right" is that the <br />best price is often viewed as the lowest price and the lowest price is too often accompanied by <br />questionable quality and unreliable performance. Other strategies consider select factors, such as <br />supplier pricing, and overlook savings to be found in the "softer numbers" Our approach best serves <br />you because it comprehensively considers all components of the final pricing. <br />Fleet & Equipment <br />Preferred <br />Supplier <br />Preconstruction <br />Pricing ,, I' I I I, <br />,**,` BETTER ,** <br />Current <br />Market <br />Estimating <br />• GOOD <br />Accurate <br />Scheduling <br />I� <br />Negotiated <br />,♦ <br />000 <br />Risk <br />BEST wo <br />APPROACH VALUE GAUGE <br />Our approach provides the best value to The City of South Bend because we look at all components <br />of cost and ask if we can do better without sacrificing performance. That is what value is all about. <br />CURRENT MARKET ESTIMATING <br />Best pricing comes from understanding the current market trends and crew production rates. As a <br />General Contractor in the State of Indiana, we regularly bid on traditional public works projects. In <br />recent years, the construction landscape has changed. Our Managers and Estimators are on top of <br />current market conditions and achievable production rates, to create accurate estimates of the work <br />costs. Kokosing can seek pricing from local vendors and Subcontractors with a history of safety, <br />quality and value. While it varies by Owner, we will typically put out a request targeting at least three <br />bids, then work with you to award the work based on price, quality and past performance. <br />PREFERRED SUPPLIER PRICING <br />Best pricing also comes from paying less for supplies. Kokosing has the buying power to purchase <br />equipment and materials at the lowest cost and pass these savings onto Owners. Kokosing is a <br />preferred General Contractor with many key vendors which results in "preferred" or "best" pricing from <br />these vendors, allowing us to reduce overall project costs to our Owners. <br />SOUTH BEND, INDIANA GSC 44 <br />