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, likely for an airport infrastructure project. The document outlines a comprehensive multi-year construction program spanning from 2025 to 2032, with several major project components including 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 total estimated construction value is $1,231,822,414, with projected cash flow outflows increasing from $3,886,871 in 2025 to $285,075,605 in 2031. The document includes a methodology 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 project timeline shows phased construction activities with design and build periods ranging from 4 to 42 months across different project components, demonstrating a complex, long-term infrastructure development strategy.
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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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