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Monterrey Build Up Project

Monterrey Build Up Project. Monterrey Build Up Project WS4209220 e-Sourcing Event. Initial Quotes & Value Engineering: Initial Quotes at $5,987K (w/VAT) Spent the week of 11/3 meeting with the GC’s on cost reduction ideas Value Engineering lead to $1,112K in Savings.

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Monterrey Build Up Project

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  1. Monterrey Build Up Project

  2. Monterrey Build Up ProjectWS4209220 e-Sourcing Event • Initial Quotes & Value Engineering: • Initial Quotes at $5,987K (w/VAT) • Spent the week of 11/3 meeting with the GC’s on cost reduction ideas • Value Engineering lead to $1,112K in Savings eSourcingBid Summary: - 8 Participants / 44 Bids Placed Leading Bid:  $4.387K (After15% VAT) - eSourcing lead to $431K in Savings

  3. Monterrey Build Up ProjectGeneral Constructors Short List Short List – 3 GC’s separated by 1.3%

  4. Monterrey Build Up ProjectGC Selection • EGA’s Recommendations based on: • - Face to face meetings held last week • Previous experience working with the GC’s • GC’s exposure in the Monterrey marked Team Recommendation

  5. Monterrey Build Up ProjectValue Engineering not finished Potential Additional Savings of $200-$300K: Plan is to lock in the supplier for the final savings ideas and then sign the contract Team has reduce building costs by $1.8M from initial quotes

  6. Monterrey Build Up - Next Steps • Dec 1st Monterrey team meeting with the preferred GC and reviewing cost reductions & Timing • Dec 2nd “Redlined” contract being reviewed with Corporate Curt Stanton • Dec 7th Review contract with Mexican Legal • Dec 15th Gov environmental approvals should be complete • Dec 17st Sign Contract – Kick off GC • April 30th Build up complete (18 wks)

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