ITEM 118-2005-R0303 ATTACHMENT
Board of Regents Policy: Physical Plant - Section 1003.7
This authority request is for an amount greater than $150,000, which requires the following additional information:
(a) Project Description:
This project will replace the existing roofing on the Hedges South dormitory. The existing roofing has failed.
(b) Cost Estimate and Funding Sources:
Design $ 55,000
Construction $ 325,000
Contingency $ 45,000
Total Estimate $ 425,000
Funding Source: This project will be financed with non-state funds; it will be funded with Auxiliary Operations Revenue (Renewal and Replacement Budget) in excess of debt service obligations.
(c) Programs served, enrollment data, projected enrollments:
This dormitory serves the MSU students and the MSU Conferencing Services.
Hedges South Dormitory: capacity 580 residents.
(d) Space Utilization Data:
Occupancy rates are consistently above 90%.
(e) Projected use for available residual space:
(Not applicable to this project.)
(f) Projected O&M Costs and proposed funding sources:
Historic O & M costs are not expected to be significantly impacted by this maintenance project, since facilities will not be expanded.