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HomeMy WebLinkAboutContract 44713 (2)COMMUNITY FACILITIES AGREEMENT THE STATE OF TEXAS COUNTY OF TARRANT City Secretary Contract No. WHEREAS, the undersigned Developer ("Developer") desires to make certain improvements ("Improvements") related to a project as described below ("Project"), an addition to the City of Fort Worth, Texas ("City"); and WHEREAS, the Developer and the City desire to enter into this "Agreement" in connection with the Improvements. Developer Information: Developer Company Name: LNR CPI Presidio, LLC Address, State, Zip Code: 4350 Von Karman Ave., Suite 200 I Newport Beach, CA 92660 Phone, E-Mail: (949)885-8500 I rkern@starwood.com Authorized Signatory/Title: Ricard Kern, Vice President Project Name: Costco at The Presidio Project Location: 8900 Tehama Ridge Pkwy. - The Presidio Addition, Lot 3R1, 3R2, 3R4 — Block D Plat Case No.: FS-013-060 Plat Name: The Presidio Addition Mapsco: 35 A, B, F Council District: 2 City Project No: 02129 CFA: 2013-44 DOE: 7077 To be completed by staff: Received by: L���� Date: 1 I1 L'-L 12J RECEIVED AUG 15 2013 1 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX NOW, THEREFORE, KNOW ALL BY THESE PRESENTS: For and in consideration of the covenants and conditions contained herein, the City and the Developer do hereby agree as follows: General Requirements A. The Policy for the Installation of Community Facilities ("Policy") dated March 2001, approved by the City Council of the City of Fort Worth and subsequently amended from time to time via a Mayor and Council Communication adopted by the City Council of the City of Fort Worth, is hereby incorporated into this Community Facilities Agreement ("CFA") as if copied herein verbatim. Developer agrees to comply with all provisions of said Policy in the performance of its duties and obligations hereunder and to cause all contractors hired by Developer to comply with the Policy in connection with the work performed by said contractors. B. Developer shall provide financial security in conformance with paragraph 6, Section II, of the Policy and recognizes that there shall be no reduction in the collateral until the Project has been completed and the City has officially accepted the infrastructure. Developer further acknowledges that said process requires the contractor to submit an Affidavit of Bills paid signed by its contractor and Consent of Surety signed by its surety to ensure the contractor has paid the sub -contractor and suppliers in full. Additionally, the contractor will provide in writing that the contractor has been paid in full for all the services provided under this contract. C. Developer agrees to cause the construction of the improvements contemplated by this Agreement and that said construction shall be completed in a good and workmanlike manner and in accordance with all City standards and the City - approved construction plans, specifications and cost estimates provided for the Project and the exhibits attached hereto. D, The following checked exhibits are made a part hereof: Water (A) X Sewer (A-1) X, Paving (B) Storm Drain (B-1) X , Street Lights & Signs (C)_. 2 E. The Developer shall award all contracts for the construction of community facilities in accordance with Section II, paragraph 7 of the Policy and the contracts for the construction of the public infrastructure shall be administered in conformance with paragraph 8, Section II, of the Policy. F. For all infrastructure included in this Agreement for which the Developer awards construction contract(s), Developer agrees to the following: i. To employ a construction contractor who is approved by the director of the department having jurisdiction over the infrastructure to be constructed, said contractor to meet City's requirements for being insured, licensed and bonded to do work in public streets and/or prequalified to perform water/waste water construction as the case may be. ii. To require its contractor to furnish to the City a payment and performance bond in the names of the City and the Developer for one hundred percent (100%) of the contract price of the infrastructure, and a maintenance bond in the name of the City for one hundred percent (100%) of the contract price of the infrastructure for a period of two (2) years insuring the maintenance and repair of the constructed infrastructure during the term of the maintenance bond. All bonds to be furnished before work is commenced and to meet the requirements of Chapter 2253, Texas Government Code. iii. To require the contractor(s) it hires to perform the construction work contemplated herein to provide insurance equal to or in excess of the amounts required by the City's standard specifications and contract documents for developer -awarded infrastructure construction contracts. The City shall be named as additional insured on all insurance required by said documents and same will be evidenced on the ACORD Certificate of Insurance supplied by the contractor's insurance provider and bound in the construction contract book. iv. To require its contractor to give 48 hours notice to the City's Construction Services Division of intent to commence construction so that City inspection personnel will be available; and to require the contractor to allow the construction to be subject to inspection at any and all times by City inspection forces, and not to install or relocate any sanitary sewer, storm drain, or water pipe unless a responsible City inspector is present and gives his consent to proceed, and to make such laboratory tests of materials being used as may be required by the City. v. To require its contractor to have fully executed contract documents submitted to the City to schedule a Pre -Construction Meeting. The submittal should occur no less than 10 working days prior to the desired date of the meeting. No construction will commence without a City -issued Notice to Proceed to the Developer's contractor. vi. To delay connections of buildings to service lines of sewer and water mains constructed under this Agreement until said sewer and water mains and service lines have been completed to the satisfaction of the Water Department. G. Developer agrees to provide, at its expense, all engineering drawings and documents necessary to construct the improvements required by this Agreement. H. Developer shall cause the installation or adjustment of the required utilities to serve the development or to construct the improvements required herein. I. City shall not be responsible for any costs that may be incurred by Developer in the relocation of any utilities that are or may be in conflict with any of the community facilities to be installed hereunder. J. Developer hereby releases and agrees to indemnify, defend and hold the City harmless for any inadequacies in the preliminary plans, specifications and cost estimates supplied by the Developer for this Agreement. K. Developer agrees to provide, at its expense, all necessary rights of way and easements across property owned by Developer and required for the construction of the current and future improvements provided for by this Agreement. L. The Developer further covenants and agrees to, and by these presents does hereby, fully indemnify, hold harmless and defend the City, its officers, agents and employees from all suits, actions or claims of any character, whether real or asserted, brought for or on account of any injuries or damages sustained by any persons (including death) or to any property, resulting from or in connection with the construction, design, performance or completion of any work to be performed by said Developer, his contractors, subcontractors, officers, agents or employees, or in consequence of any failure to properly safeguard the work, or on account of any act, intentional or otherwise, neglect or misconduct of said DEVELOPER, his contractors, sub -contractors, officers, agents or employees, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. M. Developer will further require its contractors to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all claims, suits or causes of action of any nature whatsoever, whether real or asserted, brought for or on account of any injuries or damages to persons or property, including death, resulting from, or in any way connected with, the construction of the infrastructure contemplated herein, whether or not such injuries, death or damages are caused, in whole or in part, by the alleged negligence of the City of Fort Worth, its officers, servants, or employees. Further, Developer will require its contractors to indemnify, and hold harmless the City for any losses, damages, costs or expenses suffered by the City or caused as a result of said contractor's failure to complete the work and construct the improvements in a good and workmanlike manner, free from defects, in conformance with the Policy, and in accordance with all plans and specifications and shall cause to be executed and delivered to the City an indemnity agreement from such contractors on a form to be promulgated by the City N. Upon completion of all work associated with the construction of the infrastructure and improvements, Developer will assign to the City a non- exclusive right to enforce the contracts entered into by the Developer with its contractor along with an assignment of all warranties given by the contractor, whether express or implied. Further, Developer agrees that all contracts with any contractor shall include provisions granting to the City the right to enforce such contracts as an express intended third party beneficiary of such contracts. O. Inspection and material testing fees are required as follows: i. Developer shall pay in cash water and wastewater inspection fees and material testing fees equal to two percent (2%) for a total of 4% of the developer's share of the total construction cost as stated in the construction contract. ii. Developer shall pay in cash paving and storm drain inspection fees equal to four percent (4%) and material testing fees equal to two percent (2%) for a total of 6% of the developer's share of the total construction cost as stated in the construction contract. iii. Developer shall pay in cash the total cost of streetlights or if the city is not installing the streetlights, inspection fees equal to four percent (4%) of the developer's share of the streetlight construction cost as stated in the construction contract. iv. Developer shall pay in cash the total cost of street signs. P. COMPLETION WITHIN 2 YEARS i. The City's obligation to participate (exclusive of front foot charges) in the cost of the community facilities shall terminate if the facilities are not completed within two (2) years; provided, however, if construction of the community facilities has started within the two year period, the developer may request that the CFA be extended for one year. If the community facilities are not completed within such extension period, there will be no further obligation of the City to participate. City participation in a CFA shall be subject to the availability of City funds and approval by the Fort Worth City Council. ii. Nothing contained herein is intended to limit the Developer's obligations under the Policy, this Agreement, its financial guarantee, its agreement with its contractor or other related agreements. iii. The City may utilize the Developer's financial guarantee submitted for this Agreement to cause the completion of the construction of the community facilities if at the end of two (2) years from the date of this Agreement the community facilities have not been completed and accepted. iv. The City may utilize the Developer's financial guarantee to cause the completion of the construction of the community facilities or to cause the payment of costs for construction of same before the expiration of two (2) years if the Developer breaches this Agreement, becomes insolvent or fails to pay costs of construction and the financial guarantee is not a Completion Agreement. If the financial guarantee is a Completion Agreement and the Developer's contractors and/or suppliers are not paid for the costs of supplies and/or construction, the contractors and/or suppliers may put a lien upon the property which is the subject of the Completion Agreement. v. Notwithstanding the foregoing provisions, if construction of the facilities described herein is not initiated within the two-year period (as defined above) due to the failure of the prospective property purchaser (Costco Wholesale), upon written notice from Developer of such failure to purchase, all obligations of City and Developer under this Agreement shall terminate and be of no further force and effect. The ability to terminate this Agreement for the reasons stated in this subsection may be exercised at any time within the two-year period. City and Developer will cooperate, one with the other, to effect any documentation reasonably required by City, Developer, its contractor, surety or lender to evidence termination of this Agreement for this reason. Should the City desire, it may require, as a condition to termination of this Agreement, that Developer vacate the plat associated with the contemplated project. Alternatively, the parties may, upon mutual agreement, execute a new Community Facilities Agreement. Cost Summary Sheet Project Name: Costco at The Presidio CFA No.: 2013-044 DOE No.: 7077 An Engineer's Estimate of Probable Cost is acceptable. However, the construction contract price will ultimately determine the amount of CFA fees and financial guarantee. The bid price and any additional CFA payments will be required prior to scheduling a pre -construction meeting. An itemized estimate corresponding to each project -specific exhibit is required to support the following information. Items Developer's Cost A. Water and Sewer Construction 1. Water Construction $ 167,343.00 2. Sewer Construction $ 84,107.00 Water and Sewer Construction Total $ 251,450.00 B. TPW Construction 1. Street $ 2. Storm Drain $ 298,904.00 3. Street Lights Installed by Developer $ - TPW Construction Cost Total $ 298,904.00 Total Construction Cost (excluding the fees): $ 550,354.00 Construction Fees: C. Water/Sewer Inspection Fee (2%) $ 5,029.00 D. Water/Sewer Material Testing Fee (2%) $ 5,029.00 Sub -Total for Water Construction Fees $ 10,058.00 E. TPW Inspection Fee (4%) $ 11,956.16 F. TPW Material Testing (2%) $ 5,978.08 G. Street Light Inspsection Cost $ H. Street Signs Installation Cost $ Sub -Total for TPW Construction Fees $ 17,934.24 Total Construction Fees: $ 27,992.24 Choice Financial Guarantee Options, choose one Amount (ck one , 'Bond = 100% $ 550,354.00 'Completion Agreement = 100% / Holds Plat $ 550,354.00 'Cash Escrow Water/Sanitary Sewer= 125% $ 314,312.50 'Cash Escrow Paving/Storm Drain = 125% $ 373,630.00 'Letter of Credit = 125% wl2yr expiration period $ 687,942.50 8 IN TESTIMONY WHEREOF, the City of Fort Worth has caused this instrument to be executed in quadruplicate in its name and on its behalf by its Assistant City Manager, attested by its City Secretary, with the corporate seal of the City affixed, ands id Dev Loper has executed this instrument in quadruplicate, at Fort Worth, Texas this "'. day of 200 . CITY OF FORT WORTH - Recommended by: Water Department Transportation & Public Works Department L Wendy Chi- abulal, E BA, P.E. Dougla . Wiersig, P.E. Developmen Engineering Manager Director Approved as to Form & Legality: Assistant City Attorney M&C No. all Af Date: 9 Approved by City Manager's Office -2-314,40etz Fernando Costa Assistant City Manager OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX DEVELOPER: LNR CPI PRESIDIO, LLC, a Texas limited liability company By: LNR CPI A&D Holdings, LLC, a Delaware limited liability company Its: Member By: LNR Commercial Property Investment Fund Limited Partnership, a Delaware limited partnership Its: Member By: LNR CPI Fund, GP, LLC, a Delaware limited liability company Its: General Partner Name: Ricard Kern Title: Vice President Check items associated with the project being undertaken; checked items must be included as Attachments to this Agreement Included Attachment ® Location Map ® Exhibit A: Water Improvements ® Water Estimate ® Exhibit A-1: Sewer Improvements ® Sewer Estimate ❑ Exhibit B: Paving Improvements ❑ Paving Estimate ® Exhibit B-1: Storm Drain Improvements ® Storm Drain Estimate ❑ Exhibit C: Street Lights and Signs Improvements ❑ Street Lights and Signs Estimate (Remainder of Page Intentionally Left Blank) 11 PDF 2D MON MW 300.olt 0 12 HALFF- I DGN: CFA-EXHIBIT-WATER-01.dgn 111 TBPE FIRM t/F-312 4000 FOSSIL CREEK BLVD. FORT WORTH, TEXAS 76137 (817) 847-1422 I DATE: 07/09/2013 1`1 HICKS I4UAU re z ° (9 M ce HARMON \IOAD GOLDEN TRIANGLE BLVD. PROPOSED SITE ER TAGE 1— co — a N.TARRANT PKWY LOCATION MAP N.T.S. LEGEND PROPOSED WATER LINE EXISTING 12" WATER LINE WILLIAM McCOWAN_ SOUR99VEY ABSTRACT Nu. PRIVATE WATER LINE' EXISTING 12' WATER LINE PROPOSED 10" WATER LINE L NR CPI PRESIDIO RETAIL, LLC DOC 207454225 O.R.T.C.T. PROPOSED 15' WATER LINE EASEMENT nIIIIr E- ittn pRIVATE WATER Glintgl#11-0LINE 5 1-11-111 PROPOSED 15' kWATER LINE ASEMENT \;\ PROPOSED 10" WATER LINE WATER EXHIBIT "A" COSTCO AT THE PRESIDIO WATER LINE 0 1 00 200 300 400 SCALE: 1=200' MT' w- AVO: 29241 PAGE NO.:1 OF 1 HALFF ASSOCIATES, Inc. 4000 Fossil Creek Boulevard Fort Worth, Texas 76137 (817) 847-1422 Client: City of Fort Worth Date: 7/9/1013 Project: Costco at The Presidio AVO: 29241 City Project No.: Project Manager: Pat Buckley File Name: Cost Estimate -Public -Water Prepared By: CH ESTIMATE OF PROBABLE COST Pay BIDLIST Item Item No. WATER IMPROVEMENTS Spec. Section No. Description Total Unit Total Unit Quantity Cost Amount 1 0241.0100 02 41 13 Remove Sidewalk SF 100 $3.00 $300 2 3213.0301 32 13 20 4" Conc. Sidewalk SF 100 $4.00 $400 3 3305.0102 33 05 14 Cathodic Protection Test Station Adjustment EA 1 $610.00 $610 4 3305.0109 33 05 10 Trench SafeLF 2,327 $1.00 $2,327 5 3305.0111 33 05 14 Valve Box Adjustment EA 7 $695.00 $4,865 6 3305.1003 33 05 22 20" Casin_@ By Open Cut LF 145 $70.44 $10,214 7 3305.2003 33 05 24 10" Water Carrier Pipe LF 145 $28.11 $4,076 8 3311.0001 33 11 11 Ductile Iron Water Fittings TON 2.53 $3,000.00 $7,590 9 3311.0041 33 11 10, 33 11 12 4" Water Pipe LF 167 $12.25 $2.046 10 3311.0141 33 11 10, 33 11 12 6" Water Ppe LF 100 $17.44 $1,744 11 3311.0241 33 11 10, 33 11 12 8" Water Pipe LF 250 $22.65 $5,663 12 3311.0341 33 11 10, 33 11 12 10" Water pipe LF 1,665 $28.11 $46,803 13 3312.0001 33 12 40 Fire Hydrant EA 5 $3,144.00 $15,720 14 3312.0105 33 12 25 Connection to Existing 12" Water Main EA 3 $1,544.00 $4,632 15 3312.2203 33 12 10 2" Water Service EA 1 $3,864.00 $3.864 16 3312.2801 33 12 11 3" Water Meter and Vault EA 1 $20,862.00 $20.862 17 3312.3001 33 12 20 4" Gate Valve EA 1 $1,007.00 $1,007 18 3312.3002 33 12 20 6" Gate Valve EA 5 $1.145.00 $5.725 19 3312.3003 33 12 20 8" Gate Valve EA 6 1.527.00 $9,162 20 3312.3004 33 12 20 10" Gate Valve EA 7 $2,108.00 $14,756 21 3312.3005 33 12 20 12" Gate Valve EA 1 $2,478.00 $2,478 22 9999.0010 99 99 10 Relocate Existing Fire Hydrant EA 1 $2,500.00 $2,500 TOTAL $167,343 This statement was prepared utilizing standard cost estimate practices. It is understood and agreed that this is an estimate only, and that Engineer shall not be liable to Owner or to a third party for any failure to accurately estimate the cost of the protect, or any part thereof. PDF 2D MON MW 300.olt i:\29000s\29241\CADD\Sheets FTW\CFA-EXHIBIT-SEWER-01.don HARMON \DAD TRIANGLE BLVD ROPOSED ITE ii m N.TARRANT FPKWY 1 0 LOCATION MAP N.T.S. PROPOSED 15' SEWER EASEMENT PROPOSED 10" SANITARY SEWER LINE oGcOl N • 9g9 RETAIL 100,1P�S�RG LNR DOCK#S2 PI �954225' LLC O.R. T.C.T. N5cmr — 6. LNR CPI PRESIDIO RE TAIL ➢ L L C DOC O R20� T225 J 7 DT �w lx r� 00 DOH 110000 000 0 0 50 100 150 200 r SCALE: 1 "=100' - 15' S5 - LEGEND Y PROPOSED SEWER LINE • PROPOSED MANHOLE _ EXISTING SEWER LINE 2. :: HALFF H TBPE FIRM OF-312 4000 FOSSIL CREEK BLVD. FORT WORTH, TEXAS 76137 (817) 847-1422 PROPOSED 10" SANITARY SEWER LINE PROPOSED 15' SEWER EASEMENT II EXISTING 18" SANITARY SEWER LINE 15'5, SEWER EXHIBIT "A" COSTCO AT THE PRESIDIO SEWER LINE DGN: CFA-EXHIBIT-SEWER-01.dgn DATE: 07/09/2013 AVO: 29241 PAGE NO.:1 OF 1 Client: Project: City Project No.: Project Manager: City of Fort Worth Costco at The Presidio Pat Buckley ESTIMATE OF PROBABLE COST Pay Item BIDLIST Item No. SEWER IMPROVEMENTS 1 3301.0101 2 3301.0002 3 3303.0001 4 3305.0106 5 3305.0109 6 3305.0113 7 3331.4115 8 3339.0001 9 3339.1001 10 3339.1003 Spec. Section No. 33 01 30 33 01 31 33 03 10 33 05 14 33 05 10 33 05 15 33 11 10, 33 31 12, 33 31 33 39 60 33 39 10, 33 39 20 33 39 10, 33 39 20 HALFF ASSOCIATES, Inc. 4000 Fossil Creek Boulevard Fort Worth, Texas 76137 (817) 847-1422 Manhole Vacuum Testing Post -CCTV Inspection Bypass Pumping Manhole Adjustment, Major Trench Safety, Trench Water Stops 20 8" Sewer Pipe ERoxy Manhole Liner 4' Manhole 4' Extra Depth Manhole Description TOTAL This statement was prepared utilizing standard cost estimate practices. It is understood and agreed that this is an estimate only, and that Engineer shall not be liable to Owner or to a third party for any failure to accurately estimate the cost of the Protect or any part thereof. Date: AVO: 7/9/1013 29241 File Name: Cost Estimate -Public -Sewer Prepared By: CH Total Unit Unit Quantity Cost Total Amount EA 4 $500.00 $2.000 LF 1,166 $2.20 $2,565 LS 1 $5,000.00 $5,000 EA 1 $2,085.00 $2.085 LF 1,166 $1.00 $1,166 EA 4 $500.00 $2.000 LF 1,166 $34.80 $40,577 VF 19 $250.00 $4,750 EA 4 $5,216.00 $20,864 VF 31 $100.00 $3,100 $84,107 • r— 2 0 w u. HICKS HUAU cc z ° c9..› HARMON \WAD ...GOLDEN TRIANGLE BLVD. PROPOSED SITE ER TAGE tn co — .1 N.TARRANT o PKWY 0 LEGEND PROPOSED STORM DRAIN ------ EXISTING STORM DRAIN LOCATION MAP ,„AsURV5Y mccovvo. N.T.S. wil-1-1Am TOO \ ...-- 'PRIVATE STORM DRAIN EXISTING NTORM DRAIa tt 3:47:33 PM 111111111111111111 an11111_111 1-1 }1I1flhIrfflhIri L 'Ur PRIVATE STORM DRAIN L NR CPI PRESIDIO RETAIL, LLC DOC # 207454225 O.R.T.C.T. PRIVATE STORM DRAIN iir.):ROPQSFP. 207, iniffil DRAINAGE EASEMENT munyttw PROPOSED 36" STORM DRAIN ‘c. 0 100 200 300 400 =NMI 1111111111111111111111111111111 SCALE: 1"=200' \ —PROPOSED 30' DR4IN011 EA SEM ENT PROPOSED 8'x6 STORM DRAIN I ' PROPOSED 25' DRAINAGE EASEMENT PROPOSED 48" STORM DRAIN PROPOSED 42" STORM DRAIN PRIVATE STORM DRAIN STORM DRAIN EXHIBIT "A" COSTCO AT THE PRESIDIO STORM DRAIN It III NMI HALFF I DGN: CFA-EXHIBIT-STORM-01.dgn 1111 111 TBPE FIRM 4F-312 DATE: 07/09/2013 4000 FOSSIL CREEK BLVD. FORT WORTH, TEXAS 76137 (817) 847-1422 TZ- AVO: 29241 PAGE NO.:1 OF 1 HALFF ASSOCIATES, Inc. 4000 Fossil Creek Boulevard Fort Worth, Texas 76137 (817) 847-1422 Client: City of Fort Worth Date: 7/9/1013 Project: Costco at The Presidio AVO: 29241 City Project No.: Project Manager: Pat Buckley File Name::ost Estimate -Public -Storm Drain Prepared By: CH ESTIMATE OF PROBABLE COST Pay BIDLIST Item Item No. DRAINAGE IMPROVEMENTS Spec. Section No. Description 1 3125.0101 31 25 00 SWPPP >= 1 acre 2 3137 0103 31 37 00 Large Stone Ripra9, grouted 3 3292.0400 32 92 13 Seeing, Hydromu ch 4 3292.0500 32 92 13 Seeding, Soil Retention Blanket 5 3305.0109 33 05 10 Trench Safety 6 3305.0112 33 05 17 Concrete Collar 7 3341.0205 33 41 10 24" RCP, Class III 8 3341.0302 33 41 10 30" RCP, Class III 9 3341.0309 33 41 10 36" RCP, Class III 10 3341.0402 33 41 10 42" RCP, Class III 11 3341.0409 34 41 10 48" RCP, Class III 12 3341.1503 33 41 10 8'x6' Box Culvert 13 3349.0002 33 49 10 15' Storm Junction Box 14 3349.0102 33 49 10 4' Manhole Riser 15 3349.4001 1 33 49 40 I ET, Type I for Box Culverts 16 3441.3502 I 34 41 20 1 Relocate Street Light Pole Total Unit Total Unit Quantity Cost Amount LS 1 $10,000.001 $10.000 SY 101 $103.00 1 $10.403 SY 127 $2.70 $343 SY 316 $5.00 $1.580 LF 1.368 $1.00 $1.368 EA 5 $547.00 $2.735 LF 57 $45.17 $2.575 LF 33 $58.17 $1,920 LF 220 $76.76 $16.887 LF 389 $104.18 $40.526 LF 236 $125.89 $29.710 LF 455 $359.84 $163.727 EA 1 $3.264.00 1 $3.264 EA 2 $4,813.00 1 $9,626 CY 22 $100.001 $2.240 EA 1 $2.000.001 $2,000 ROUNDED TOTAL $298,904 This statement was prepared utilizing standard cost estimate practices. It is understood and agreed that this is an estimate only, and that Engineer shall not be liable to Owner or to a third party for any failure to accurately estimate the cost of the proiect, or any part thereof.