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ID 16-0188 Resolution Authorizing Samet.docx
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF CONTRACT WITH
SAMET CORPORATION/SRS, INC. FOR THE NEW COLISEUM FIELDHOUSE
WHEREAS, the new Coliseum Fieldhouse will be the home venue for the Greensboro Swarm,
the Charlotte Hornets’ new NBA Development League franchise;
WHEREAS, Samet Corporation/SRS Inc. has submitted a cost estimate as CMAR for the
Coliseum Fieldhouse Renovations Project in the total amount of $5,482,424.00 and between the
Architect/Engineers, Samet Corporation/SRS, Inc. and Coliseum staff, this is the best cost
estimate from the standpoint of the City;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GREENSBORO:
That the Contract between the City of Greensboro and Samet Corporation/SRS, Inc. is hereby
formally approved and the City Manager and the City Clerk are hereby authorized to execute on
behalf of the City of Greensboro a proper contract to carry the proposal into effect, payment to be made in the amount of $5,482,424.00 from Account No. 528-7502-01.6013.
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JW CMAR Field House D League - 3-31-16.docx
DATE: March 31, 2016
TO: Mike Perdue, Coliseum
FROM: Tiffany Jones, M/WBE Office
DEPARTMENT: Greensboro Coliseum Complex
SUBJECT: Hornet D-League Field House - CMAR
The M/WBE Office reviewed the documentation submitted by Samet/SRS, Inc. Joint Venture Company (“CMAR”) to determine compliance with the M/WBE Program Plan. The M/WBE participation goal established by the CMAR for the project was 35%. While the recommended total CMAR Guaranteed Maximum Price (GMP) for the project is valued at $5,482,424.00 (includes all CMAR fees, bond & insurance expenses, seat allowances, and project contingency), the actual field house construction work and associated activities is valued at $4,015,426.