Budget Increase Request
Concourse A Building Expansion for Lounges
(C801205)
December 10, 2024
Item No. 8l_supp
Meeting Date: December 10, 2024
Background
 The Port contracted Delta Airlines to complete the design and
construction of an approximate 52,000 square-foot Concourse A
building expansion.
 Construction is currently 75% complete with a targeted lounge
opening of Q2 2025.
 Project will provide two new premier lounge experiences:
– A two-story Delta passenger lounge (w/ Delta One experience)
– A new Port common use lounge (Club SEA).
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Justification
 Project is currently within authorized budget, but is trending to
exceed authorized contingencies and require additional funds
to reach substantial completion due to:
– Varying site conditions associated with underground utility work.
– Resolution of the large quantity of Change Orders (CO) to address
numerous design discrepancies, resequencing of critical
construction work, and discretionary changes.
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Concourse A Building Expansion for Lounges
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Concourse A Building Expansion for Lounges
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Cost Breakdown
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ValueRequested Budget Increase
$12.5MConstruction Cost Increases
$3.3MSoft Cost Increases
$1.0M
TRA Contingency $(3.8M)
Existing Contingency $(5.0M)
New Program Reserve $3.5M
Port-controlled Allowance $6.3M
Contingencies
$16.8MTOTAL REQUESTED INCREASE
Request
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1) Increase the authorized total project budget by $16,800,000, and
2) Increase the TRA budget from $112,248,000 to $121,723,439.
This results in a total estimated project cost of $143,307,000.
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