Amendment to MLK Dream Center GMP - Finalize GMP – C.H. Garmong & Sons, Inc.

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MLK DREAM CENTER & LINDEN AVE STREETSCAPE Clarifications and Assumptions Division 01 — General Requirements: • This budget includes monthly staffing costs of $53,333 for the MLK dream Center project and $15,588 monthly for the Linden Avenue Streetscape project. ■ This budget excludes Indiana State sales tax based on an Owner provided general sales tax exemption certificate. • Builders Risk Insurance is included. • Performance and Payment bonds are included. Bonds will be billed at a rate of .95% of construction costs. • We have included a 3-year 10% Maintenance Bond to insure the 1-year warranty obligations are met and to cover 3 years of latent defects. The Maintenance Bond does not cover building maintenance or extend warranty obligations. ■ General Liability insurance is included and will be billed at a rate of .44% of construction costs. • The cost of a local building permit has been excluded. This requirement was waived by the Owner. + Temporary utility usage costs are excluded and will be paid by the Owner. • This budget is based on all work occurring Mondays through Fridays between 7:00AM and 3:30PM. We have excluded building information modeling. • All material prices are based on standard colors and finishes unless specified otherwise. • We have included building commissioning. + The Owner will be notified, in writing, of any significant price increase for specified building materials during construction. The Owner shall have the option of accepting the price increase by increasing the GMP or terminating the contract for convenience. ■ We have included a $35,000 Allowance for materials testing. Division 02 — Demolition: ■ We have excluded any hazardous materials demolition/abatement. Division 03 — Concrete ■ We have included a $25,000 Allowance for concrete winter conditions. Division 05 — Metals ■ We have excluded Al SC certification for the steel erector. • The steel finish for all structural steel shall be 5SPC2/3; architectural finish of exposed structural steel members is excluded_ • Capping of the round pipe x-bracing members is excluded. • Stair 1, located in Entry Hall 101, has been priced as structural steel stair framing and supports with concrete filled pan stairs and rubber treads. An architectural stair with wood treads has not been designed and therefore excluded in this budget. Division 06 — Woods, Plastics, and Composites: • We have included Dan back wood blocking in lieu of dimensional lumber in walls. GQRMO1VG October 17, 2023 MLK DREAM CENTER & LINDEN AVE STREETSCAPE CLARIFICATIONS AND ASSUMPTIONS 1of3