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Page <br />Feb <br />Inadditiontotheabovesavings,there are certain <br />items that have changed inthe project concept since the <br />originalcost estimate was producedon <br />Projected Preliminary Cost <br />Eliminatewoodfencing <br />Eliminatemotel windows (RTS estimate) <br />Eliminatewood deck estimate) <br />Totalanticipatedcostremodel the <br />existingbuilding.Soft costs are <br />expectedtobethesame for bothprojects <br />andaretherefore not being considered in <br />thisstudy. <br />TwoPreliminaryEstimateForMedicalCenterwere <br />receivedfromRyan Construction on Friday Jan <br />Total costs for construction were listedasa'spread' with <br />costsbeingthe same under either estimate. <br />Constructioncostsinclude all ofRyan's costs butdonot <br />includeCityfeesor Ryan's Development fee <br />of(total <br />ESTIMATES <br />LOW <br />HIGH <br />Shell Structure <br />TenantImprovements <br />SiteWork <br />SubTotal <br />AddFee's <br />TotalConstructionCosts <br />AllotherestimatesofcostincludedRyan'sproposal are <br />identical,furthercomparisonofthe 'low high' <br />estimatesarenot required. <br />HighEstimate <br />LowEstimate <br />Difference <br />