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K. Project Management Services City of Sunny Isles Beach | Request for Qualifications No. 15-08-02 September 23, 2015 Page 36 »Voluntary alternates not previously contemplated by Sunny Isles, Hensel Phelps and the design team. • Local Government Experience Depending on how early Hensel Phelps is initiated with the designer, these cost estimates can initially be developed as a Cost Model if the conceptual design is still in progress. From that point the Hensel Phelps’ Project Manager and Estimator will capture changes in a trend log and will provide Sunny Isles a Conceptual Estimate from a thorough review of the Conceptual Design. Through Schematic Design, Design Development, and Construction Documents, the Hensel Phelps team will provide corresponding estimates with Trend Logs to keep the project under budget. Hensel Phelps is currently performing Preconstruction Services for Humana Health on a South Florida community clinic. Working with the A/E during the conceptual design phase allowed the team to identify constructability issues and opportunities for value engineering. The Project Manager and Estimator provided a conceptual estimate as a starting point which allowed Humana and the A/E to evaluate the design in relation to the budget. Upon the client’s request, the Hensel Phelps team identified and presented a list of possible value engineering alternates to bring the budget down approximately 10%. Our Estimator then contacted key subcontractors and vendors to secure project specific pricing to increase the overall accuracy of the estimate and further evaluate product alternates that could reduce the project estimate. Throughout the process, Hensel Phelps project management provided feedback based on industry standards, historical data and personal experience. Our jobsite executive team will be able leverage this experience to accurately identify and quantify risks specific to the project. Clarifications and Assumptions. Clarifications and assumptions are typically inevitable due to the fluid nature of construction projects as it relates to changing program requirements and design. Our ultimate goal is to properly manage the preconstruction phase of the project to ensure the final contract documents warrant very few, if any, clarifications and assumptions appendices to the final GMP estimate. Another advantage of Hensel Phelps’ project approach is our ability to seamlessly integrate our preconstruction estimating services and subcontractor procurement, so there is no loss of knowledge during this transitional point of the project. This ensures every construction dollar is spent wisely, because the same Project Manager and estimating team members have monitored and tracked the design continuously and thoroughly with numerous reviews of the design documents prior to issuing any bid packages. Bid Packaging & Subcontractor Purchasing. As we move out of the GMP development stage and into subcontractor purchasing, we will convert the final GMP estimate into Hensel Phelps’ Financial Status Report (FSR). The FSR is used to monitor, document, manage, and communicate the established project scope and associated budgets with the actual purchase amounts. The scope is organized in the manner in which we intend to purchase the work (i.e. future bid packages). Once a subcontract is issued,