File #: 24-1159    Version: 1 Name: Amendment No. 1, (Award of a) Lease-Leaseback Contract – Overaa Construction – Roosevelt Middle School Modernization Project– Division of Facilities Planning and Management
Type: Agreement or Contract Status: Passed
File created: 4/23/2024 In control: Deputy Chief, Facilities Planning and Management
On agenda: 5/22/2024 Final action: 5/22/2024
Enactment date: 5/22/2024 Enactment #: 24-1054
Title: Approval by the Board of Education of Amendment No. 1, (Award of a) Lease-Leaseback Contract by and between the District and Overaa Construction, Richmond, CA, with the Owner (District) and Contractor hereby agreeing that the Total Sublease Amount for Phase #1 shall be $3,671,887.00 allowing for the following allowances and contingency: ? An Allowance of $100,000 for PG&E service work ? An Allowance of $300,000 for site preparation ? An Allowance of $230,666 for 6-month Fee instead of 3.9 ? An Allowance of $10,000 for Workforce Development Labor Fund ? An Allowance of ($37,670) Credit for Owner to purchase the fire alarm material ? An Allowance of $250,000 for Pre-Construction Services ? An Allowance of $150,000 for security services during construction ? A Contractor Contingency of $100,000 ? A District Contingency of $100,000 for the Roosevelt Middle School Modernization Project. All other terms and conditions of the Agreement remain in full force and effect.
Attachments: 1. 24-1159 Amendment No. 1, (Award of a) Lease-Leaseback Contract – Overaa Construction – Roosevelt Middle School Modernization Project– Division of Facilities Planning and Management
Related files: 23-1386
Contact: preston.thomas@ousd.org

title

Approval by the Board of Education of Amendment No. 1, (Award of a) Lease-Leaseback Contract by and between the District and Overaa Construction, Richmond, CA, with the Owner (District) and Contractor hereby agreeing that the Total Sublease Amount for Phase #1 shall be $3,671,887.00 allowing for the following allowances and contingency:
An Allowance of $100,000 for PG&E service work

An Allowance of $300,000 for site preparation

An Allowance of $230,666 for 6-month Fee instead of 3.9

An Allowance of $10,000 for Workforce Development Labor Fund

An Allowance of ($37,670) Credit for Owner to purchase the fire alarm material

An Allowance of $250,000 for Pre-Construction Services

An Allowance of $150,000 for security services during construction

A Contractor Contingency of $100,000

A District Contingency of $100,000

for the Roosevelt Middle School Modernization Project. All other terms and conditions of the Agreement remain in full force and effect.