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2026-01-12

2026-01-12 10:00

ECH3 Executed Contract Revision WBS

For Executed Contract Revisions, Bid GP% must be maintained. In this case a negative variance was added to the buyout budget in order to compensate for an increase in permit fee coverage.

2026-01-12 10:42

Woodbrook Executed Contract Revision Takeoff Check

Unit Dishwasher/Disposal

Drawings show 2 separate duplex receptacles for dishwasher and disposal Takeoff used DW & DISPOSAL DUAL CIR - ..., which includes only one receptacle.

According to Joel this takeoff is correct for the scenario.

2026-01-12 12:23

Travelling with Brian Smarslok and Joel Jansen on 2026-01-15 to visit #Woodbury Heights in New Jersey. Flying from TPA to PHL, departure @ 7:00AM. We'll be meeting with the developer, Greystar.

Woodbury Heights

project-name: GSC Ltd. Woodbury Heights (aka Academy Pointe)
sector: Residential
market-type: Apartment
bldg-type: Garden
construction-method: Wood Frame
construction-type: V
unit-wiring-method: Romex
code-data: NEC2020
mech-system: Split Dx
buildings: 9
floors: 3
units: 234
gross-area: 266,272
area-by-type:
    - exterior-amenity: 12,306
    - interior-amenity: 5,031
    - garage: 3,788
    - saleable: 223,172
division: MA 1
geographic-region: Northeast
metro-area: New York-Newark-Jersey City, NY-NJ-PA
municipality-or-ahj: City of Woodbury
power-company: PSE&G
stakeholders:
    - developer: Greystar (HQ - Charleston, SC)
      architect: LS3P Associates Ltd
      electrical-engineer: Hurst Engineering
contract-value: 2,305,000.00
start-date: 2025-05-01
end-date: 2026-08-26
duration: 11 months

GP Variance

[!info] "GP%" is margin (see markup-vs-margin).

The job appears to be doing poorly, at current GP variance of -$299,356.

About $93,000.00 profit on a $2,391,378 job (~3% margin, down from 16.4% as bid).

Intend to ask Joel what was missed if he knows, and more generally if he has a strategy for figuring out, between BPM, The Hub, and however many other places we can look.

I doubt very seriously that mismanagement can be blamed for any significant portion of variance that extreme.

2026-01-12 13:02

Dry utilities: utilities other than "wet" utilities (water, sewer, stormwater), namely power, data, and natural gas.

2026-01-12 13:02

Joel attributes the #GP Variance to

  1. missed Polaris lugs for feeders for one building,
  2. insufficient budget for equipment rental, and
  3. upfront costs already paid (construction is 50% complete).

He also said that operations accused ConEst of providing insufficient length for subfeeds, which he said was true, but not to the extent accused (only ~600ft missed total).

The award WBS shows $32,382 for equipment rental

I'm dubious of all these explanations, but I don't have another one. I can't find the ConEst folder or Accubid file.