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Br Anwar Hossain. BUILDING AREAS SQ. FT. PHASES1ST FLOOR2ND FLOORTOTAL 118,85017,55036,400 233,55317,99551,548 314,658 29,316 418,370 36,740 511,833 23,666.

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Presentation on theme: "Br Anwar Hossain. BUILDING AREAS SQ. FT. PHASES1ST FLOOR2ND FLOORTOTAL 118,85017,55036,400 233,55317,99551,548 314,658 29,316 418,370 36,740 511,833 23,666."— Presentation transcript:

1 Br Anwar Hossain

2 BUILDING AREAS SQ. FT. PHASES1ST FLOOR2ND FLOORTOTAL 118,85017,55036,400 233,55317,99551,548 314,658 29,316 418,370 36,740 511,833 23,666 TOTAL 177,670 CANOPY 21,932 CANOPY 41,269 2

3 o Phase 1 (Existing Building): o 36,400 square feet o Phase 2 (Multipurpose Hall [MPH], 16 Class Rooms, Administrative/Office Rooms): o 52,000 square feet (approximately) o Phase 2, Task 1: Foundation & Floor Slab o Site works, Foundation, Utility Connections o Completed (2012) Phase 2, Task 2 (Tilt Wall panels, Structural Steel & Roof): o Shell/Roof for MPH & School Building o Limited Finish Out to Get City Occupancy Permit for MPH o On Going o Estimated Date of Completion: April 2014

4 o July 25 th 2013: Signed Contract with Schwob Building Company (SBC), Ltd. o Original Bid Amount: $3,742,838 o Not Included in the Bid: o Finish Out Eight (8) Classrooms o Later following alternates were added: o Re-Finish Exterior, Basketball Board Backboard Assembly, Steel Tubes for Future Solar Panes, Folding Partition Tracks o Cost for alternates: $114,030 o Total Cost: $3,856,868

5 o Aug 12 th 2013: Started Mobilization o Estimated Completion Date: April 2014 o Construction Site Activities: o Earthwork (done) o Form and Pour Casting Beds (done) o Form and Pour Tilt Wall Panels (done) o Tilt Panel Erection (done) o Exterior paving and sidewalks (in progress) o Roof decking (done) o Install Roof System (in progress) o Install Fire Protection (in progress) o Install Roof Drain Piping (in progress) o Install Electrical/HVAC (In Progress) o Construction is progressing well as per schedule

6 Total SBC Contract Amount$3,856,868.00 Construction Payment (SBC) Paid to SBC: Invoice 1 (10/16/2013)$128,723.40 Paid to SBC: Invoice 2 (11/26/2013)$492,928.24 Paid to SBC: Invoice 3 (1/2/2014)$354,447.00 Paid to SBC: Invoice 4 (1/22/2014)$174,338.01 Paid to SBC: Invoice 5 (2/27/2014)$473,266.67 Paid to SBC: Invoice 6 (3/31/2014)$873,523.83 Total Paid as of 3/31/2014$2,497,227.15 Remaining SBC Due (Total)$1,359,640.85 Consulting Engineers, Admin and Lab Testing Fees$39,000.00 Change Orders Costs$62,640.25 Remaining Construction Costs$1,461,281.10 Cash in hand - Total$507,564.58 Overall Shortage $953,716.52 Sunday, Feb 13, 2011Confidential:6

7 o Donations & Pledges o IDB: $200,000 (grant) o Fund Raising (Cash/Pledges) o Home Loans (Through Whittier Bank/La Riba): o Total Amount*: $1,001,500 o 15 Years @5.5% o Plan to Payoff in 5 Years o Qard-E-Hasana Loans: o 1-3 Years Short-Term Loan o Total Collected: $639,200 o Paid Back: $68,000 o Plan to Collect Additional Amount: $250,000 o Organizational Loans: o Committed: $350,000 o 401(k) Plan Loan: $200,000 o Need to be paid off 1-5 years based on types of loans (approximately $500,000/year)

8 o Short Term (EOY 2015) o Pay off Organizational Loans o Pay off QH & Home loans as mush as needed/possible o Start & complete 8 Classrooms (First Floor) Finish Out o Long Term (2013 – 2018) o Pay off all loans o Complete construction and build-out of Phase 2 by EOY 2018 o Finish Out of MPH & Scholl Building Sunday, Feb 13, 2011Confidential:8

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