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Council approves $2.35 million guaranteed maximum price and $807,020 budget for meter shop conversion
Summary
Council approved a guaranteed maximum price (GMP) of $2,348,388 for the meter building conversion project using a construction-manager-at-risk piggyback and approved a separate $807,020 budget for integrated life-safety, furniture and a 15% contingency.
The City Council voted Aug. 4 to approve a guaranteed maximum price of $2,348,388 for the meter building conversion project and separately approved a budget of $807,020 for remaining project work, including integrated life-safety and security systems, furniture and fixtures, and a 15% contingency.
City project manager (Mr. Flores) said the project is the first phase of a longer space-needs effort to relocate the meter shop into the…
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