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Exhibit 3 - PresentationNeighborhood -1B Construction Manager at Risk “CMAR” Construction Phase Services Contract City Council File ID 25-372 March 4, 2025 Neighborhood -1B Project Overview •25,000 Linear feet of roadway reconstruction (45 segments) •10,000 Linear feet of water main replacement •16,800 Linear feet of wastewater main replacement •Sidewalk replacements (as needed) •Streetlighting 03/04/2025 25-372 2 Construction Manager at Risk (CMAR) GMP Process 1.Neighborhood 1B was separated into seven (7) categories of work (removals earthwork and subgrade, underground, concrete flatwork, traffic control, asphalt paving, illumination, pavement markings and signage, and sodding and seeding) and publicly bid by the CMAR for competitive pricing. 2.CMAR evaluated all firms and selected the highest ranking firms to confirm scope and pricing to convert work packages to a lump sum. 3.Sundt Construction, Inc. provided a Guaranteed Maximum Price (GMP) based on subcontractor bids, general conditions costs, bond and insurance requirements, CMAR contingency, and the contractor's fee. 303/04/2025 25-372 CMAR Construction Cost Summary 403/04/2025 25-372 Neighborhood - 1B •Design Approval July 18, 2023 •CMAR Pre-Con services approved July 18, 2023 •Construction contract approval March 4, 2025 •Construction begin April 2025 •Estimated construction completion October 2026 Project Schedule 503/04/2025 25-372 Staff Recommendation Approval of a contract between the City of Denton and Sundt Construction, Inc. in the not-to- exceed amount of $31,872,570.02 Total CMAR GMP No.1 Amount $30,972,570.02 Owner's Contingency $900,000.00 Total Contract NTE Amount $31,872,570.02 603/04/2025 25-372 Questions? 703/04/2025 25-372