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UNR Engineering BuildingConcept DesignReno, NVProgrammatic Estimate Statement of Probable CostApril 30, 2015Cumming Project No. 15-00410.00Prepared for Hershenow Klippenstein2495 NATOMAS PARK DR, SUITE 640 SACRAMENTO CALIFORNIA 95833PHONE: 916-660-9030 FAX: 916-660-9045

UNR Engineering BuildingReno, NVProgrammatic EstimateApril 30, 2015TABLE OF CONTENTSPage1. Project Introduction / Qualificationsa. Introduction.32. Cost Summariesa. Construction Cost Summary.6b. Construction Cost Summary By System.73. Control Areasa. Schedule Of Areas And Control Quantities.84. Construction Cost Back Upa. Buildings.10i. Buildings Summary By System.11ii. Building 1.b. Sitework.1218Prepared by CummingPage 2 of 21

UNR Engineering BuildingReno, NVProgrammatic Estimate04/30/15INTRODUCTIONProject DescriptionThe Portion of Work for this estimate involves the construction of the a new Engineering Building on the Campus ofUniversity of Nevada Reno. This new facility will be a 4-story steel structure building, with a mix of glass and stuccoexterior all systems. Along the West side of the project includes an approximately 20' high retaining wall, that will beBasis of EstimateThis estimate is based on the Programmatic Estimate drawing package dated XX-XX-XX, prepared by XXXXXArchitects, received on xxx-xx-xx along with verbal direction by the architect and engineer.123456789Civil drawings:Architectural drawings:Structural drawings:Plumbing drawings:Mechanical drawings:Electrical drawings:Landscape drawings:Interior design drawings:Outline specificationsOdyssey Engineering Concept Plan Dated 3/20/2015h k Conceptual Floor Plans Dated 3/5/2015nonenonenonenonenonenonenoneConstruction ScheduleCosts included herein have been based upon a construction period of 18 months. Any costs for excessive overtimeto meet accelerated schedule milestone dates are not included in this estimate.Basis for QuantitiesWherever possible, this estimate has been based upon the actual measurement of different items of work. For theremaining items, parametric measurements were used in conjunction with references from other projects of a similarnature.Basis for Unit CostsUnit costs as contained herein are based on current Reno, NV - Merit Shop prices. Subcontractor’s overhead andprofit is included in each line item unit cost. This overhead and profit covers each subcontractor’s cost for laborburden, materials and equipment sales taxes, field overhead, home office overhead, and profit. The generalcontractor’s overhead and profit is shown separately on the Summary.Sources for PricingThis estimate was prepared by a team of qualified cost consultants experienced in estimating construction costs at allstages of design. These consultants have used pricing data from Cumming’s database for construction, updated toreflect current conditions in the Reno, NV area. In some cases, quotes were solicited from outside sources tosubstantiate in-house pricing data.Subcontractor's Mark-upsDepending on the trade, subcontractor mark-ups can range from 5% to 15% of the raw cost for that particular item ofwork. It should be noted that Design Assist Sub Contractors may influence Sub Contractor costs.Prepared byPage 3 of 21

UNR Engineering BuildingReno, NVProgrammatic Estimate04/30/15INTRODUCTIONDesign AllowancesAn allowance of 16.0% for undeveloped design details has been included in the summary of this estimate. As thedesign of each system is further developed, details which historically increase cost became apparent and must beincorporated into the estimate.General Contractor's Overhead and ProfitJobsite general conditions, home office overhead, profit, and bond are shown on the Summary of this estimate. It isour opinion that for this project, a rate of 11.8% is appropriate to cover these mark-ups. (7.0% for General Conditions,1.8% for Bonds & Insurance and 3.0% for Overhead and Profit)ScheduleStart DateFinish DateDurationDesign & EngineeringApr-15Sep-17884 Days29 Months2.4 YearsConstructionOct-17Apr-19547 Days18 Months1.5 YearsExecutive ScheduleDesign & -11ConstructionEscalation AllowanceAll subcontract prices herein are reflective of current prices. Escalation has been included on the summary level totake through to a mid point of construction.Estimated start date:Estimated completion date:Midpoint of construction:Year2015201620172018Prepared byOct-17Apr-19Jul-18Rate6.8%6.8%4.5%4.0%Page 4 of 21

UNR Engineering BuildingReno, NVProgrammatic Estimate04/30/15INTRODUCTIONConstruction ContingencyIt is prudent for all program budgets to include an allowance for change orders which occur during construction.These change orders normally increase the cost of the project. It is recommended that a 5 - 10% contingency iscarried in this respect. These costs are not included within this estimate.Items Excluded from the Base Estimate1 Professional fees, inspections and testing.2 Escalation beyond midpoint of construction, (07/01/18)3 Plan check fees and building permit fees.4 Furnishings, fixtures and equipment (FF&E), except built-in cabinets, counters and other casework indicated.5 Major site and building structures demolition unless noted in body of estimate.6 Costs of hazardous material surveys, abatements, and disposals unless noted in estimate.7 Costs of offsite construction unless noted in estimate.8 Construction contingency costs.Items Affecting the Cost Estimate1 Items which may change the estimated construction cost include, but are not limited to:2 Modifications to the scope of work included in this estimate.3 Restrictive technical specifications or excessive contract conditions.4 Any specified item of equipment, material, or product that cannot be obtained from at least 3 different sources.5 Any other non-competitive bid situations.6 Bids delayed beyond the projected schedule.Statement of Probable CostCumming has no control over the cost of labor and materials, the general contractor’s or any subcontractor’s methodof determining prices, or competitive bidding and market conditions. This opinion of the probable cost of constructionis made on the basis of the experience, qualifications, and best judgment of a professional consultant familiar with theconstruction industry. Cumming, however, cannot and does not guarantee that proposals, bids, or actualconstruction costs will not vary from this or subsequent cost estimates.Cumming has no control over the quality, completeness, intricacy, constructability, or coordination of designdocuments. Cumming also has no control over the amount of funds available for the project. We, therefore, cannotbe responsible for any design revision costs incurred in the event that this estimate is in excess of the budget.Cumming’s staff of professional cost consultants has prepared this estimate in accordance with generally acceptedprinciples and practices. This staff is available to discuss its contents with any interested party.Recommendations for Cost ControlCumming recommends that the Owner and the Architect carefully review this entire document to insure that it reflectstheir design intent. Requests for modifications of any apparent errors or omissions to this document must be made toCumming within ten days of receipt of this estimate, otherwise, it will be understood that the contents have beenconcurred with and accepted. If the project is over budget, or there are unresolved budgeting issues, alternatesystems/schemes should be evaluated before proceeding into further design phases.It is recommended that further cost estimates be prepared throughout design by Cumming to determine overall costchanges subsequent to the preparation of this preliminary estimate. These future estimates will have detailedbreakdowns indicating materials by type, kind, and size, priced by their respective units of measure.Prepared byPage 5 of 21

UNR Engineering BuildingReno, NVProgrammatic Estimate04/30/15CONSTRUCTION COST SUMMARYElementAreaCost / SFTotalAEngineering Building87,000 686.04 59,685,520DSITEWORK60,000 57.93 3,475,72687,000 SF 725.99 / SF 63,161,245TOTAL ESTIMATED CONSTRUCTION COSTElementB) Interiors (6-7)6%A) Shell (1-5)30%C) Equipment andVerticalTransportation (8-9)4%D) Mechanical andElectrical (10-13)21%Escalation to MOC,07/01/1816%Design Contingency12%GeneralContractor Fee2%Prepared by CummingE) Site Construction(14-16)3%General Conditions5%Bonds & Insurance1%Page 6 of 21

UNR Engineering BuildingReno, NVEstimate Summary by CategoryProgrammatic Estimate04/30/15ElementSubtotalA) Shell (1-5)1 Foundations2 Vertical Structure3 Floor & Roof Structures4 Exterior Cladding5 Roofing and WaterproofingADBUILDING 1SITEWORKTOTAL87,000 sf60,000 sf87,000 sfTotalCost/SF 18,614,384Cost/SFSubtotal 213.96Total 236,873Cost/SFSubtotal 3.95 2,017,778 23.19 1,590,439 18.28 5,042,410 57.96 5,042,410 9,150,494 105.18 9,150,494 813,262 9.35 813,262 236,873 23.84 2,073,712 1,616,424 18.58 1,616,424C) Equipment and Vertical Transportation (8-9)8 Function Equipment and Specialties9 Stairs and Vertical Transportation 2,050,528 23.57 2,050,528 652,200 7.50 652,200D) Mechanical and Electrical (10-13)10 Plumbing Systems11 Heating, Ventilation and Air Conditioning12 Electrical Lighting, Power and Communications13 Fire Protection Systems 42.42 31.07 13,547,986 155.72 1,989,924 22.87 1,989,924 5,472,862 62.91 5,472,862 5,660,068 65.06 5,660,068 425,132 4.89 425,132E) Site Construction (14-16)14 Site Preparation and Demolition15 Site Paving, Structures & Landscaping16 Utilities on Site 2,008,352Subtotal CostGeneral ConditionsBonds & InsuranceGeneral Contractor FeeDesign ContingencyEscalation to MOC, 07/01/18Total Construction CostPrepared by Cumming7.0%1.8%3.0%16.0%18.95% 18,851,257 216.68 3,690,136 42.42 2,702,728 31.07 13,547,986 155.72 2,008,352 23.08 1,827,313 2,073,712 2,702,728Cost/SF 2,017,778B) Interiors (6-7)6 Interior Partitions, Doors and Glazing7 Floor, Wall and Ceiling Finishes 3,690,136Total 33.47 793,615 793,615 499,159 499,159 715,578 715,578 38,555,233 443.16 2,245,225 37.42 40,800,458 468.97 2,698,866 31.02 157,166 2.62 2,856,032 32.83 742,574 8.54 43,243 0.72 785,817 9.03 1,259,900 14.48 73,369 1.22 1,333,269 15.32 6,921,052 79.55 403,040 6.72 7,324,092 84.18 9,507,894 109.29 553,683 9.23 10,061,577 115.65 59,685,520 686.04 3,475,726 57.93 63,161,245 725.99Page 7 of 21

UNR Engineering BuildingReno, NVProgrammatic EstimateSchedule of Areas and Control QuantitiesPrepared byPage 8 of 21

UNR Engineering BuildingSchedule of Areas and Control QuantitiesProgrammatic EstimateSchedule of Areas04/30/15North BuildingSouth BuildingSF1. Enclosed AreasNorth Building South BuildingLevel 1Level 2Level 3Level 018,00024,00023,500Total Enclosed28,00059,00087,000Total Gross Floor Area28,00059,00087,000Control QuantitiesGross AreaEnclosed AreaUnenclosed AreaShell SpaceNumber of StoriesTypical Floor PerimeterHeight of typical floorHeight of Building (Above Grade)BasementBasement Retaining Wall AreaCY of Concrete (Building only)Tons of Rebar (Building only)Tons of Steel (Building only)Superstructure SystemLF of CaseworkGross Facade Area (incl parapets)Finished Façade Wall Area (excl glazing)Façade Windows or Glazing AreaRoof Area - TotalCanopy AreaNumber of Interior DoorsSF of Interior Partition FramingSF of Interior Partition DrywallSF of Interior Partition InsulationSF of Gypboard Ceiling & Soffit FramingElevatorsLbs of DuctworkTotal Site AreaFinished Site AreaQuantity RatiosCY of Concrete per SF of GFALbs of Rebar per CY of ConcreteLbs of Steel per SF of GFALF of Casework per SF of GFASF of Glazing per SF of FacadeSF of Façade per SF of GFA# of Interior Doors per SF of GFASF of Partion Framing per SF of GFASF of Partion Drywall per SF of Partion FramingSF of Partion Insulation per SF of Partion FramingSF of Ceiling Drywall per SF of GFALbs of Ductwork per SF of GFAPrepared byNorth Building87,00087,000-TOTAL 037,00024,0002259,45037,950Engineering sfeasfsfsfsfealbssfsfTOTAL RATIO--25.710.510.84-25.710.510.84---Page 9 of 21