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Committee approves BRR 11 and BRR 12 to realign contract lines and move builder's-risk plug
Summary
Committee approved two housekeeping budget revisions: BRR 11 re-aligns Perkins Eastman contract line items with no net change in funding; BRR 12 moves a $2,000,000 builder's-risk placeholder into the owner's insurance line after the city procured the policy for about $1,600,000, creating roughly a $100,000 savings.
The committee approved two budget revision requests intended to reconcile contract line items and account for insurance purchased outside the construction contract.
Brian explained that BRR 11 "is to clean up Perkins Eastman contract" line-item allowances as the project transitions from design to full…
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