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Board approves construction change orders; Crutchfield GMP increased, Parker GMP reduced
Summary
Trustees approved a reallocation of guaranteed maximum price (GMP) funds that reduces Parker Elementary's GMP by about $700,000, increases Crutchfield Elementary's GMP by $380,941 and releases $319,059 to the district; administrators said projects remain on schedule despite weather and permitting delays.
The Sherman ISD Board of Trustees approved change orders moving construction funds between Parker, Crutchfield and Fairview projects, district staff said, while reporting contractors remain on track to meet key handover targets.
District construction staff reported an administrative recommendation to deduct $700,000 from Parker Elementary's GMP, add $380,941 to Crutchfield Elementary's GMP and release the remainder ($319,059) back…
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