Building Permit Valuation
The applicant for a permit must provide an estimated permit value at time of application. Permit valuations must include the total value of all construction work, including materials and labor, for which the permit is being issued, such as electrical, gas, mechanical, plumbing equipment, and permanent systems. Building permit valuation must be set by the Building Official. Building permit fees will be based on valuation.
Capital Project Management (CPM) Projects
For Capital Project Management (CPM) projects, building permit valuation will be determined based on the project delivery method.
Construction Manager at Risk
GMP – MEP – FP = Valuation
Guaranteed Maximum Price (GMP) less Mechanical/Electrical/Plumbing (MEP) and Fire Protection (FP) = Valuation
Design Build
GMP – MEP – FP - A&E = Valuation
Guaranteed Maximum Price (GMP) less Mechanical/Electrical/Plumbing (MEP) less Fire Protection (FP) less Architectural and Engineering (A&E) = Valuation
Lump Sum
GMP – MEP – FP = Valuation
Guaranteed Maximum Price (GMP) less Mechanical/Electrical/Plumbing (MEP) and Fire Protection (FP) = Valuation
Separate trade permits are required for mechanical, electrical, plumbing, fire protection, utility, septic, and food/health related work. Trade permit valuations are the actual cost of construction including labor and material as listed as part of GMP.
University Construction (U CON) Projects
For University Construction (U CON) projects, building permit valuation shall be determined based on an adjusted allocated budget amount.
AB – MEP - FP = Valuation
Allocated Budget (AB) less Mechanical/Electrical/Plumbing (MEP) and Fire Protection (FP) Cost = Valuation
Separate trade permits are required for mechanical, electrical, plumbing, fire protection, utility, septic, and food/health related work. Trade valuations are actual cost of construction including labor and material.