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Risk IdentificationRisk AnalysisRisk ResponseRisk DescriptionPotential Impact DescriptionRisk AllocationRisk Owner $(s) at Risk ProbabilityMonetized RiskContingency Carried In GMPAllowanceRiskResponseStrategyMitigation Actions(Preventative or Contingency)Design Contingency45% on Packages 1A&B; 60% on Package 3 and 90% QC set on package 2. Changes in further design incease scope and in construction. Direct cost of work is estimated at $18.5MDesign Builder $ 18,500,000.00 3% $ 555,000.00 $ 555,000.00 $ - Mitigate / ReduceCost EscalationMaterial Cost escalation from now until mid way through Phase 2 construction. $6.4M in Materials and $1.2M in Sub (30% of $5.8M of Total Sub Cost) x 8% increase = $M (2022 was 8%)Design Builder $608,000.00 15% $ 91,200.00 $ 91,200.00 $ - Mitigate / ReduceHigher Costs than Expected to Mitigate and Dewater During Construction -Excessive groundwater into excavations below groundwater table resulting in higher than expected dewatering costs. $239,500 current estimateDesign Builder $ 239,500.00 25% $ 59,875.00 $ 59,875.00 $ - Mitigate / ReduceKnown Site ConditionsLeaking valves and gates. Supply and installing temporary means to stop flow through existing valves. Bulkheads, pipe plugs, dewatering of structures. IMCO has included $111,000 in diving and sealing materials in the direct cost of work. The risk of additional valve and gate sealing efforts beyond that budget will be allocated to the City.Owner $ 120,000.00 80% $ 96,000.00 $ - Mitigate / ReducePlant Operation CoordinationDelays in shutdowns and bypass that push work into a second low flow season.Design Builder has assumed that all work required to be complete during low flow is scheduled for October 2024 to April 2025.Risk for owner caused delays is allocated to the City. Costs directly associated with the delay (e.g., additional overhead costs, additional mobilization) are eligible.Owner $ 350,000.00 20% $ 70,000.00 $ - $ - Mitigate / ReduceEstimate - Equipment & Material Scope GapsEquipment and materials etc. that are over looked during the early take-off and procurement of Permanent and Temporary Materials. Approximately $7M in in permanent and temporary materials. Design Builder $ 7,000,000.00 1% $ 70,000.00 $ 70,000.00 $ - Mitigate / ReduceConstruction Scope GapConstruction scope gap - GC to Sub, Sub to Sub - Approximately $5.8M in GC and Sub work. Design Builder $ 5,800,000.00 2% $ 116,000.00 $ 116,000.00 $ - Mitigate / ReduceDevelop detailed scope documents for procurement of materials, equipment and subcontractors. Floc Basin CoatingsExcessive cracking, poor substrate, existing coatings does not release from concrete. Excessive cracking is defined as more than 1,000 LF. IMCO has included 1,000 LF of crack repair at $5.00/LF in the direct cost of construction.No budget is included in the GMP for repair of poor substrate, except for the noted value for crack repair.IMCO has included [$400,000] for existing coating removal. The risk of additional coating removal efforts beyond that budget will be allocated to the City. [Define dollars or hours budgeted for existing coating removal]Owner $ 250,000.00 35% $ 87,500.00 $ - $ - Mitigate / ReduceUtility ConflictsUnforeseen utility conflicts, moving existing utilities, plugging/capping abondaned utilities. Carrying $55K in bid for potholing and relocate of existing utilities in bid. Design Builder $ 55,000.00 30% $ 16,500.00 $ 16,500.00 $ - Mitigate / ReduceProject Totals $ 908,575.00 $ - WFP Phase 2 Capital ImprovementsRisk Register