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Council approves $17.55 million guaranteed maximum price for Moorhead City Hall renovation
Summary
The city approved Guaranteed Maximum Price (GMP) Amendment No. 3 with McGough (Magoff) for $17,550,000, completing the construction contract series for the City Hall renovation; staff said bids came in about $200,000 under projected budget and included $700,000 of preferred alternates.
The Moorhead City Council approved the third and final guaranteed maximum price amendment for the City Hall renovation project, authorizing GMP 3 at $17,550,000, construction representatives said.
Assistant City Manager Mike Reetz and Thomas Dahl of Magoff (construction) told the council that GMP 1 and GMP 2 previously covered…
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