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i <br /> credits: is the next step. He shares the mediator suggestion and we should identify a mediator <br /> asap-by Monday, This will help the parties organize their approach. He suggests the same for <br /> the damages issue; a facilitator can help the parties sort out the compensation issue. <br /> He said there is a related issue of obtaining substantial completion which needs to be addressed, <br /> probably at another meeting with the appropriate people. <br /> Mr. Lizza stated that Stone has an obligation to the town but the town also has an obligation to <br /> Stone regarding payment; within the scope of all these items,there reeds to be a discussion and <br /> agreement on what the protocol will be for Stone to receive further payments. <br /> Pat Costello said the burden is on Stone to complete the work. A surra of money will then be <br /> released accordingly. <br /> Mr, Lizza would like to add to the list for discussion, substantial completion and payment <br /> protocol. <br /> Pat Costello responded that the architects will have to discuss substantial completion. As for <br /> payment, we can work within the parameters of the contract for appropriate flow of money. The <br /> work has to be done for the spigot to open, or a credit must be agreed to. <br /> He added there have been a significant amount of payment demands to the town from sub <br /> contractors (filed subbidders . Under the statute those will be deposited into an escrow account. <br /> Mr. Jim Johnson then addressed the group. He explained that he was offered this'ob from <br /> Di eo to close out the l ashpee Nigh School project and accepted it. He was told the job was in <br /> grim shape. He explained that his background is in engineering by training, he worked at power <br /> plant projects for 14 years. He then moved into project management for Digital. He received an <br /> MBA,and Master degree in real estate development. <br /> He said he was happy to hear that a majority of people are interested in moving forward in a <br /> cooperative fashion. <br /> Pat Costello said the Board of Selectmen will make that final decision. No decision has yet been <br /> made at this time. <br /> Mr. Johnson said he has spent a few weeks getting knowledgeable on the scope of the issues. <br /> p g g <br /> The have produced a draft form of a project completion schedule, which goes through August <br /> � p � <br /> because of the outdoor work. <br /> The town said they want this completed by February, Stone needs to know ghat that means. He <br /> recently had a meeting with the subcontractors who will be waning on the job during February <br /> break, They are waitingto .low what will happen at this meeting today. <br /> He has transferred to a Stone spreadsheet a punch list document, derived from MN A.'s <br /> document. Of the items on the list, Stone thinks they have closed out 4,207 which leaves 976 <br /> items to be closed out. 269 of those are specific to Costa Brothers, mostly dealing with masonry <br /> in the bathrooms. 186 items relate taepoxy. Stone is prepared to bring in a replacement <br /> contractor to complete that work, who has performed satisfactorily on 2 other rooms. <br /> 2 <br />