from the jan regents meeting... it looks like the demolition will start very soon and the constrution will come right after with completion set for fall 2013 also of note is that final plans will be unveiled at the march meeting

AGENDA ITEM 19
ISSUE: SOONER CENTER STUDENT HOUSING – NC
ACTION PROPOSED:
President Boren recommends the Board of Regents:
I. Approve an initial guaranteed maximum price of $2,400,000 for demolition,
excavation and site development related improvements; and
II. Recognize and acknowledge that the University may incur certain costs relative to
the above project prior to receipt of bond proceeds and, to the extent the
University utilizes its own funds for said costs, it is intended that bond proceeds
will be utilized to reimburse the University.
BACKGROUND AND/OR RATIONALE:
At the May 2008 meeting and with each subsequently approved Campus Master Plan
of Capital Improvement Projects for the Norman Campus, the Board of Regents has approved
the Sooner Center Student Housing project. In May 2010, the Board approved the project with
an estimated total project cost of $75,000,000.
Design development plans are being prepared by the project architects, Studio
Architects, and it is anticipated that the Board will be requested to approve the project design in
March 2011. The center, to be located at the southeast corner of Jenkins Avenue and Lindsey
Street, will house students and student athletes in a combination of two- and four-bed units
totaling approximately 380 beds. The building is planned to be a mid-rise structure, with central
dining, computer labs, study rooms, and other support facilities on the ground floor. The project
will also include a Faculty-In-Residence apartment.
At the September 2010 meeting, the Board ranked Flintco, LLC of Oklahoma City
first among firms considered to provide at-risk construction management services for the project.
Flintco, LLC (the “CM”) has assisted in organizing the project construction sequence and
preparing a master schedule for construction, and has provided a guaranteed maximum price
proposal for initial demolition, excavation and site development related work. A guaranteed
maximum price of $2,400,000 is proposed for this initial work. This price includes the cost of
demolition and construction; the CM’s direct project management services; the CM’s fee, bonds
and project-related insurance; and an owner’s contingency. It is anticipated that the Board will
be asked to approve incremental increases to the guaranteed maximum price as construction
documents for the remainder of the project construction elements are finalized.
Demolition will commence directly, with the goal for project completion in fall 2013.
Funding for this phase of the project has been identified, is available and budgeted within
Athletics Department capital accounts.