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Council authorizes early procurement for Castle Rock sports development center; GMP adjusted to $74.7 million
Summary
The council approved a letter agreement with CD ACME LLC to permit early procurement for the Castle Rock Sports Development Center and acknowledged a revised guaranteed maximum price now estimated at $74.7 million.
Castle Rock Town Council approved a resolution authorizing a letter agreement with CD ACME LLC to permit early procurement for the Castle Rock Sports Development Center and to protect schedule and pricing while final guaranteed maximum price (GMP) discussions continue. Council member Brooks moved approval and Council member Davis seconded; the motion passed unanimously.
Staff described the…
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