1. BOND PROGRAM UPDATE Long Beach Community College District Citizens’ Oversight Committee Meeting October 11, 2004

2. AGENDAAGENDA  Construction Update  Budget vs. Actual Bids  Mitigation Measures  Highlighted Projects in Design  Questions & Answers

3. CONSTRUCTION UPDATE Proposition 47 Funded Construction NTP Issued 10/4/04 $6.9 M Construction Award Tied to Completion of Interim Facility (District Facilities & Warehouse Complex) Measure E Funds will be Used for Aero Pilot Project Technology Phase 2 (Replacement of SS & TT)

4. CONSTRUCTION UPDATE Measure E Funded Construction NTP Issued 10/7/04 $8.2M Construction Award (includes Tech 2 Interim Facility Build-out) Completion Date Critical for Tech Phase 2 Will be Converted to District Facilities & Warehouse Project Saves the District Over $1.5M+ Interim Facility – Veteran’s Stadium (Tech 2 Interim)

5. CONSTRUCTION UPDATE Proposition 47 & 1A Funded Construction NTP Pending State Authorization to Award $5.75M Actual Construction Bid Partially Funded by Measure E Funds Extensive Value Engineering Construction Planned to Start October/November 2004 PCC - Child Development Center

6. CONSTRUCTION UPDATE Measure E Funded $750K Construction Budget Start of Major Modernization Program Re-Bid Due October 21, 2004 Construction to Start Immediately Fall 2004 Partially Funded with Scheduled Maintenance Funds Mens Gymnasium Boiler Replacement

7. BUDGET VS. ACTUAL ProjectContractorBudgetBidVariance Technology Phase 2Pinner Const. Service, Inc. $7,275,120$6,934,000$341,120 Interim Facility – Veterans Stadium (Tech 2 Interim) Pinner Const. Service, Inc. $5,000,000$8,225,000($3,725,000) PCC – Child Dev. Center RC Const. Services, Inc. $3,215,669$5,750,000($2,534,331) Men’s Gym – Boiler Replacement* Bon-Air, Inc.*$750,000*$672,000*$78,000* * All bids rejected. Information provided for information purposes only.

8. MITIGATION MEASURES Budget Contingencies (Project and Owner Level) Budget Contingencies (Project and Owner Level) Independent BMT Estimates During Design Independent BMT Estimates During Design Review of A/E Estimates During Design Review of A/E Estimates During Design Periodic Design Tech Reviews Periodic Design Tech Reviews Value Engineering Sessions Value Engineering Sessions Market Watch (Construction Industry Monitoring) Market Watch (Construction Industry Monitoring) Post – Bid Contractor Polling Post – Bid Contractor Polling Review of Budget w/ District Review of Budget w/ District Construction Change Order Estimating Construction Change Order Estimating

9. HIGHLIGHTED PROJECTS IN DESIGN Measure E Funded Culinary Arts & Economic Development Programs Building Programming Refined Analysis of All New Construction vs. Partial Demo Construction Start Anticipated Fall 2005 CEQA Process Underway Los Coyotes Building

10. HIGHLIGHTED PROJECTS IN DESIGN Measure E Funded 50% Construction Documents Submitted $27M Budget Includes Bid Alternates 108,000 SF of Educational and Administrative Space Construction Start Anticipated Late Summer 2005 South Quad Complex

11. QUESTIONS & ANSWERS Long Beach Community College District Citizens’ Oversight Committee Meeting October 11, 2004