AIC
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Bid Go / No-Go Decision

GNG-2026-0047  ·  Pre-Bid Analysis  ·  2026-06-18
Franklin Agent  ·  Preconstruction Intelligence  ·  HILI Gate 2
Sulphur Springs Public Library — Interior Renovation
Friends of the Library Inc.
$2,776,000 GMP (ROM)
June 30, 2026 · 2:00 PM PT
Owner Direct / Invited Bid
3 contractors invited
Library Interior TI — 28,400 RSF
Tyler VanAuken (AIC)
GO

Recommendation: Bid This Project

Sulphur Springs Public Library scores 83/100 across all weighted criteria. Strong owner relationship, favorable risk profile, and strategic value in the Sulphur Springs public-renovation market make this a priority pursuit. Schedule risk is the single elevated flag — 22-week duration is aggressive for 3-floor occupied-building work; contingency reserved. Recommend bid with the pricing floor at $2.72M and a clear escalation clause.

83
Composite Score
GO threshold: 65  |  NO-GO: <50

Weighted Scoring Matrix

Criterion Rating (0–10) Weight Weighted Score Notes
Strategic Fit
Market Alignment
Does this advance our public-renovation positioning?
8/10
15% 12.0 High-visibility civic-center Sulphur Springs location; strong portfolio addition
Client Relationship
Existing relationship, repeat business potential
9/10
10% 9.0 Friends of the Library is a returning client; Sulphur Springs Library Phase 1 completed Q4 2025
Revenue Target Fit
$2.3M–$4M target range for H2 2026
8/10
5% 4.0 $2.78M sits squarely in the target band
Financial Performance
Margin Profile
OH+Profit achieves ≥7% minimum threshold
7/10
20% 14.0 7.5% OH+P is at threshold. Competitive pressure may compress; floor = 7.0%
Payment Terms / Cash Flow
Net 30, 10% retainage standard
8/10
10% 8.0 Net-30 confirmed; retainage reduced to 5% after 50% complete per Phase 1 precedent
Bid Bond / Bond Capacity
P&P bond available within capacity
10/10
5% 5.0 Well within aggregate bond capacity; Merchants Bonding confirmed
Execution Risk
Schedule Risk
22-week GMP — occupied building, single elevator
5/10
15% 7.5 ⚠ ELEVATED — 22 weeks is tight; float is ≤3 days on critical path. Escalation clause required.
Scope Clarity
100% SD docs available; CDs expected July 7
7/10
10% 7.0 SD complete; minor MEP coordination TBD. Waiting on 100% CDs before locking subs
Subcontractor Availability
MEP, glazing, millwork capacity for Q3 2026 start
6/10
10% 6.0 MEP confirmed; glazing sub has 4-wk lead. Millwork sub at capacity — need second source
Composite Score  (GO ≥ 65 · MAYBE 50–64 · NO-GO < 50) 83 / 100

Upside Opportunities & Downside Risks

↑ Upside Opportunities
🏢
Phase 2 Option — Floors 14–16
Friends of the Library has verbally indicated a Phase 2 (3 additional floors) pending Phase 1 delivery. Estimated $2.9M with a preferred contractor clause.
HIGH VALUE
📋
Framework Agreement Opportunity
Friends of the Library owns 4 other buildings in Sulphur Springs CBD. A strong Sulphur Springs Public Library delivery could position us for a preferred-GC framework agreement.
MEDIUM VALUE
📷
Portfolio Photography / Reference
Durable public-space finishes in a landmark civic building — strong marketing asset for public-sector pursuit strategy.
LOW VALUE
↓ Downside Risks
Schedule Compression Risk
22-week duration is tight for 3-floor occupied TI with single-elevator access. Any MEP coordination or permit delay collapses float immediately.
HIGH
🔨
Millwork Sub Capacity Gap
Primary millwork sub is at capacity. If second source is unavailable by July 5, kitchen lead times push the critical path by 2–3 weeks.
HIGH
📋
ACM Abatement Scope Uncertainty
Survey is complete but remediation scope could expand by $15–40K depending on condition findings behind Column Line F partitions.
MEDIUM

Conditions to Bid (pre-submittal requirements)

Required Before Bid Submittal — June 30, 2026
1
Lock second-source millwork subcontractor
Confirm bid from Pacific Cabinet Group or NW Millwork as backup to Primary Sub. Required to secure millwork lead times on critical path.
Owner: Mark B.
Due: Jun 23
2
Confirm escalation clause language with Friends of the Library
Schedule risk requires an agreed escalation clause for material & labor cost changes beyond June 30 lock date. Get Friends of the Library PM sign-off before final number.
Owner: Mark B.
Due: Jun 25
3
Receive 100% Construction Documents
Currently at 100% SD. CDs expected July 7 per architect. Submit ROM with note that final GMP adjusts upon CDs; confirm with Friends of the Library this is acceptable.
Owner: Arch / Friends of the Library
Due: Jul 7 (note)
4
Verify Phase 2 intent in writing
Request a letter of intent or email confirmation of Phase 2 option from Friends of the Library. Not a bid condition, but strategically important before pricing aggressively.
Owner: Mark B.
Due: Jun 27

HILI Approval — Gate 2 (ROM Before Bid Production)

Tyler VanAuken · Principal
Preconstruction Lead
Date   /   Time