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HomeMy WebLinkAboutRitz Carlton out source feesDepartment of Community Development Building Safety and Inspection Services 75 South Frontage Road Vail, Colorado 81657 970-479-2138 FAX 970-479-2452 www.vailgov.com ______________________________________________________________________ October 11, 2005 Ritz-Carlton Project Projected Valuation $110,000,000.00 (this number given by developer) T.O.V. Building permit Fee $403,458.75 T.O.V. Plan Check Fee $262,248.18 Total Fee $665,706.93 (excludes other fees i.e. rec. fee) C.I.A. Fee Building Permit 65% $262,248.18 C.I.A, Fee Plan Check 80% $209,798.54 C.I.A. Total Fee $472,046.72 Retainer Fee 10% of CIA Total Fee $47,204.67 (retainer fee charged by CIA to accept) The above listed project and associated calculated fees are based on a non-phased/fast track project. The percentages listed for payment to CIA provides all plan review, project management and building inspection services per the contract dated 9/19/05. C.I.A has requested a 10% deposit be paid up front prior to accepting this project. The Town will be invoiced for this fee prior to any work occurring on this project. The Town shall require the 10% deposit to be paid by the developer prior to work occurring on this project. The Town will in turn reduce the total fee due by the developer at the time which the building permit is released for construction Charlie Davis Chief Building Official/I.C.C. Plans Examiner Town of Vail Building Safety and Inspection Services 970.479.2142 cdavis@vailgov.com