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58 Prepare formal marketing materials for Capital Campaign (plan- <br />ning drawings, preliminary building design, renderings, etc.) <br />efforts. Planning Consultant should work with College's market- <br />ing department in preparation of such materials. <br />59 When budgeting for construction projects, typical "soft costs" <br />range from 25-307o of total Project Cost. (Construction Cost 757o <br />+ Soft Costs 25% = Project Cost 100%) Also, added maintenance <br />costs and faculty/ staff costs for the new facilities need to be <br />accounted for during planning stages. In addition, inflation costs <br />need to be projected (and included in project budget) for year <br />that project is built. <br />60 Develop a high level financial model covering the next fifteen <br />year period that reflects: a) the building and operational costs <br />for the new facilities specified in the Campus Master Plan, b) the <br />additional student tuition and fee revenue associated with the <br />projected student FTE growth, and c) the additional faculty, staff, <br />and operating costs attendant with this growth. <br />NORTHWESTERN COLLEGE CAMPUS MASTER PLAN PARTNERS & SIRNY ARCHITECTS PAGE 5.11 <br />