September - University of Nebraska

TO: The Board of Regents Addendum IX-B-11
Business Affairs
MEETING DATE: September 5, 2008
SUBJECT: Budget Increase for Mammel Hall at the University of Nebraska at
Omaha.
RECOMMENDED ACTION: Approve a budget increase in the amount of $3,000,000 for Mammel
Hall.
PREVIOUS ACTION: June 13, 2008 – The Board of Regents approved the Naming of the
University of Nebraska at Omaha College of Business Administration
(CBA) Building, Mammel Hall.
March 7, 2008 – The Board of Regents approved the selection of
Holland Basham Architects/Gensler to provide architectural design
services for the construction of a new College of Business
Administration building at UNO.
March 7, 2008 – The Board of Regents approved the Program Statement
and Budget for the College of Business Administration Building at the
University of Nebraska at Omaha (UNO).
EXPLANATION: The project involves constructing a new CBA building at the Pacific
location adjacent to the Peter Kiewit Institute. The approximate 120,000
square foot building will:
• create modern appropriate facilities that will assist in recruitment and
retention of faculty, staff and students;
• create spaces for interactive learning and collaboration;
• enhance laboratory facilities; and
• provide flexibility for future needs.
The budget increase is due to design enhancements and increased costs
of construction materials.
Proposed start of construction August 2008
Proposed completion of construction August 2010
PROJECT COST: Original Budget $31,000,000
Budget Increase 3,000,000
Revised Budget $34,000,000
ON-GOING FISCAL Operating and Maintenance $ 1,081,405
IMPACT: 1% Assessment $ 340,000