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Council approves GMP 3 for city hall remodel totaling $1.55 million
Summary
The Moorhead City Council approved Guaranteed Maximum Price (GMP) 3 for the ongoing City Hall interior and exterior remodel, with a GMP value presented as $1,550,000; staff said the work includes concrete, structural steel, and replacement of building systems.
City staff presented a resolution to approve Guaranteed Maximum Price (GMP) 3 for the city hall renovation project, and the council approved the GMP at the meeting. City Manager Greg Reetz introduced the item and said the GMP 3 approval brings the construction contract to a presented value of $1,550,000 for the latest phase. Staff and the contractor (identified in materials as McGough) said the project includes ongoing concrete and structural-steel work, replacement of exterior elements and new electrical and plumbing systems. The transcript also referenced an earlier contract value for initial work of $2,360,240 related to concrete and structural steel installed to date. Council members voted to approve the GMP; supportive comments were offered and the motion carried. Staff said approving the GMP will allow the contractor to proceed with the listed interior remodeling and exterior work and that project budget tracking will continue as construction progresses.
