Exhibit A:

Final Portland Aerial Tram Funding Plan

 

Contributors to Portland Aerial Tram

 

Contributor

Contribution ($)

Contribution

(as % of final cost)

Oregon Health & Science University (OHSU)

$38.2 million

67.0%

South Waterfront Property Owners

$5.8 million

10.2%

North Macadam Investors, LLC (NMI)

$2.5 million

4.4%

OHSU/NMI (shared costs to be determined)

$2.0 million

3.5%

Portland Development Commission (PDC)

$8.5 million

14.9%

Final Total

$57,000,000

100.0%

 

 

Cost-Savings contributed by Portland Aerial Tram contractors

 

Contractor

In-Kind Contribution

Project Savings

Doppelmayr CTEC, Inc.

Contract Reductions. *

$34,371.50

 

In-Kind Contribution of fees. *

$160,000

 

Total Savings

$194,371.50

Kiewit Pacific Co.

Savings.

$301,000

 

In-Kind Contribution.

$750,000

 

Total Savings

$1,051,000

AGPS - Sarah Graham

Contingency savings. *

$100,000

 

Capped fee rather than normal fee. *

$1,434,600

 

Total Savings

$1,534,600

•  * These savings are already included in the $57. Million Project Cost

 

Summary of Revised Contract Amounts

Revenue

   

1. $57,000,000

Expenses

% of

Kiewit

% of Total

 

$57,000,000

Construction Eng.

 

16.3%

$9,287,173

 

Doppelmayr

 

18.4%

$10,477,387

 

Kiewit

 

61.0%

$34,799,000

 

Contingency

7.0%

4.3%

$2,436,440

 
 

 

•  1. Reflects an application of a portion of the Kiewit savings and cost reductions against the 4/6/06 estimate of $57,614,561 to the current $57,000,000 estimate.