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| |[pic] |
|Renovation of Shea Stadium - | |
|Home of the New York Mets | |
Background
In November 2004 Ace Builders (your employer) was awarded a contract for the renovation of Shea Stadium to house the New York Mets. An artist rendition of the proposed renovations is shown in Figure 1.

Figure 1. Proposed stadium for the
New York Mets

The construction must start on January 14, 2004 and must be completed within fifteen months. Liquidated damages (penalty clause) of $250,000 per calendar day of delay beyond March 31, 2005 is written into the contract. On the other hand, Ace will receive an Early Completion Bonus of $100,000 per day for each workday the project is completed before March 31, 2005.

In order to meet this aggressive schedule, the project will require around the clock construction crews, detailed project management, good construction weather, and some modern construction techniques.

The project will begin with mobilizing equipment, preparing a staging area, and some minor demolition work - activities that are expected to last approximately eight weeks. Once the site is ready and all equipment mobilized, the work can start simultaneously on both the structure and the playing field.

The work in the field involves excavation for installation of a new subsurface irrigation, drainage and heating facilities. This activity is followed by actual installation of water and drain pipes, valves, heating and control circuits, etc. Installation of the subsurface facilities (fourteen weeks) is followed by filling of the playing field and track. Only with the completion of the backfill material needed for the drainage

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