PEACE requires construction services for the project which will entail the expansion of certain sections of the existing 21,167 SF PEACE Academy facility. The facility currently serves grades K - 3 and will be expanded to add grades 4 - 8. PEACE is preliminarily estimating a base hard cost budget of about $2M, and an elective or add-alternate hard cost budget of $250K; the estimated build-out for new space is 21,167 sf. (For Review: Permit Construction Documents 2002) ● Note that the above budget numbers are merely directional and that PEACE will require any selected construction services team to actively participate in value engineering exercises that will serve to preserve and promote the quality and scope of the Project. In light of PEACE’s ongoing 135-student occupancy of its existing facility, PEACE is planning on a phased delivery of the renovation and new construction. PEACE plans on commencing targeted construction activity throughout the year over breaks, or during times that allow for minimal interruptions during the school year. The full project delivery is needed by the Summer of 2025. In aiming to take advantage of staging opportunities created by periods of facility vacancy, PEACE anticipates intensive construction activity in the summer months, specifically in June and July of 2025.