November 7, 2022 at 7:00 PM - Regular Board of Education Meeting

Description:  The Madison Heights Best Buy participated in an Intel training competition this past summer called Score With Intel Core. The store competed well and earned a grand prize finish!

One of the honors of winning Score with Intel Core is being able to give back to a local K-12 school.  Best Buy 414 in Madison Heights, MI has chosen Madison High School, located in Madison Heights, MI.  Best Buy 414 - Madison Heights together with Intel and Dell, will present Madison Heights Highschool a prize package valued at $5000. 

Description:  The Bond Team is very pleased to submit this Letter of Recommendation to you for an amendment to Braun’s contract to establish the Program’s Guaranteed Maximum Price (GMP) for our 2021 Bond Program.  The attached letter will further describe the Amendment covered in the recommendation along with costs, fees and other pertinent information.
 
Unlike previous recommendation letters requesting new contracts for services, this recommendation is to amend an existing contract with Braun, our Construction Manager.  This amendment will do two critical functions.  First, it will provide for fees and costs to be paid to Braun for the execution of the Construction Administration phase based on a percentage of the actual Cost of Work (hard costs).  Previously those values were estimated based on an estimated hard cost.  However, now that public bidding has completed we now have a final hard cost thus we can revised the estimates with fixed, known costs.  The second critical function will be to allow Braun to sign contracts with construction subcontractors to lock in prices, establish schedules and most importantly, order long lead time materials.