Estimated Cost Low Bid Firm   Variance
Abatement $613,610 $884,000 First Capital Insulation $270,390
Demolition $1,719,758 $1,360,000 Empire Wrecking -$359,758
Fencing Barricades $73,758   C  -  -$73,758
Façade Stabilization $2,888,000 $2,940,000 withdrawn $52,000
General Conditions $464,662 included in General Trades Bid -$464,662
Caissons $1,400,000 $1,085,000 Shelly Drilling -$315,000
General Trades $10,490,767 $22,292,000 Wohlsen Construction $11,801,233
Site & Utilities $1,795,464 $2,909,000 Horst Excavating $1,113,536
Concrete $13,973,585 $16,200,000 Miller , Long & Arnold $2,226,415
Precast Concrete $2,759,382 $2,554,500 High Construction -$204,882
Masonry $1,371,330 $1,469,924 Johnson Masonry $98,594
Steel $4,200,396 $7,886,000 Steel Fab Enterprises $3,685,604
Roofing $1,297,044 $2,144,000 United States Roofing Corp. $846,956
Glass & Glazing $2,165,926 $5,089,600 Hershocks, Inc. $2,923,674
Drywall $6,145,678 $9,133,000 Novinger's, Inc. $2,987,322
Painting $1,223,804 $1,724,500 M. Gordon & Son  $500,696
Food Service Hood $50,000     -$50,000
Conveying System $2,351,980 $2,427,142 Schindler Elevator $75,162
Plumbing $4,621,621 $4,444,444 W.G. Tomko, Inc. -$177,177
Fire Protection $1,192,460 $1,197,800 King's Fire Protection $5,340
HVAC $10,757,779 $10,969,000 Rado Enterprises $211,221
Electrical $9,016,010 $8,757,000 Farfield Company -$259,010
Telecom/AV $1,003,463 $664,856 Vistacom Audiovisual -$338,607
Construction Management $2,790,000 $2,410,000 High Construction/Reynolds Construction -$380,000
TOTAL BID ITEMS $84,366,477 $108,541,766   $24,175,289
      Over Budget 28.66%


Other Hard Costs  Estimate  Bids
Site Acquisition 2,690,000 2,690,000
Sunk Operating Costs 2,835,735 2,835,735
TOTAL HARD COSTS 89,892,212 114,067,501
TOTAL SOFT COSTS 36,588,073 36,588,073
FINANCING COSTS - Needs to be re-estimated! 13,507,439 13,507,438
TOTAL PROJECT 139,987,724 164,163,012