OCIP_ROM_Template_Exhibit.pdf
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- Solicitation number
- TMDP-04
- Issued by
- Cuyahoga County, Ohio
About this file
This document is a Summary of Projected Cash Flow for a Landside Development Concept at an airport, covering construction activities from 2025 to 2032 with a total estimated construction value of $1,231,822,414. The project includes multiple major components such as a new parking garage ($202,953,887), ground transportation center ($5,723,791), RTA station redevelopment ($32,788,766), demolition projects ($9,355,106), a new terminal headhouse ($814,528,975), arrivals/departures roadway ($75,678,831), new pedestrian bridges ($42,140,736), international sterile corridor ($13,263,309), and new airport roadway construction ($35,389,013). The project timeline spans multiple years, with design and construction phases for each component occurring between 2025 and 2032.
The cash flow projection shows incrementally increasing total outflows, starting at $3,886,871 in 2025 and escalating to $285,075,605 in 2031, with a cumulative total reaching $1,231,822,414 by 2032. The document includes a methodology section for calculating the Relative Order of Magnitude (ROM) for an Owner Controlled Insurance Program (OCIP), with provisions for low, mid, and high-case scenarios based on insurance market conditions, administrative costs, and safety records. The cost breakdown table allows for detailed calculation of insurance and program-related expenses, with a contingency of 10% built into the estimate.
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Text version
Summary of Projected Cash Flow
BASED ON ESTIMATED CONSTRUCTION VALUE
Landside Development Concept
CY 25 CY 26 CY 27 CY 28 CY 29 CY 30 CY 31 CY 32
Estimated Construction Value (ECV)
Total Outflows $3,886,871 $61,224,637 $146,223,654 $176,380,251 $169,252,665 $211,339,902 $285,075,605 $178,438,827 $1,231,822,414
Cumulative $3,886,871 $65,111,509 $211,335,163 $387,715,414 $556,968,079 $768,307,981 $1,053,383,587 $1,231,822,414
Firm may provide seperate form, or utilize the chart below to calculate ROM for OCIP Program.
Methodology and Basis
ROM Range and Sensitivity Percentage of ECV: Low Case Mid Case High Case
Indicate Percent Used for ROM Calculation: %
Low Case: Favorable insurance market, lean admin costs, better than industry average safety record.
Mid Case: Balanced view using industry average rates, current market conditions, typical administrative expenses, and moderate loss assumptions. Reflects standard program structure with coverage levels and safety practices typical for large public construction programs.
High Case: Higher limits/SIR, challenging jurisdiction, or inclusion of Builder's Risk.
Cost Breakdown Table
Coverage Line Basis ROM Estimate
Estimated Construction Value (ECV): $ *May use estimate cash flow provided above.
Payroll Basis of ECV: % of ECV
$ Payroll Calculation $
Workers' Comp / EL Payroll @ $___________/$100 of payroll calculation $
General Liability ECV @ $_____________/$1,000 of ECV $
Excess / Umbrella % of GL premium $
Contractors Pollution Liability Flat program charge / or calculation $
Admin / TPA / Safety Program allowance or calculation $
Subtotal $
Contingency (10%) % of Subtotal $
OCIP Program - Relative Order of Magnitude (ROM) Probable Cost Estimate: $
Summary:
ROM Mid-Case Range: $
Range: Low $
High $
Average Percent of ECV: %
Design Construction 2025 2026 2027 2028 2029 2030 2031 2032
Start End Mths Start End Mths
Design/Build New Parking Garage $202,953,887 10/01/25 10/31/26 13 11/01/26 02/28/29 28 New Ground Transportation Center $5,723,791 09/01/27 02/28/28 6 03/01/28 02/28/29 12 RTA Station Redevelopment (New Platform / Pedestrian Tunnel) $32,788,766 10/01/25 10/31/26 13 11/01/26 10/31/27 12 Demolition Projects (Garage / Hangers / Headhouse) $9,355,106 03/01/29 08/31/32 42 Design/Build New Terminal Headhouse $814,528,975 03/01/26 08/31/29 42 09/01/29 08/31/32 36 Arrivals/Departures Roadway $75,678,831 09/01/29 08/31/30 12 09/01/30 08/31/32 24 New Pedestrian Bridges - (to existing Conc. A.B, C) $42,140,736 09/01/31 12/31/31 4 01/01/32 08/31/32 8 International Sterile Corridor (FIS Configuration) $13,263,309 09/01/31 12/31/31 4 01/01/32 08/31/32 8 New Airport Roadway Construction $35,389,013 09/01/29 08/31/30 12 09/01/30 08/31/32 24
Project / Activity Budget
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