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Board approves guaranteed maximum price amendments for several elementary school projects
Summary
The school board approved guaranteed maximum price (GMP) amendments for multiple elementary school construction projects, accepting contractor proposals, confirming contingencies and alternates, and moving unspent funds to program contingency.
The school board approved guaranteed maximum price amendments for multiple elementary school construction projects and accepted administration’s recommendations for contractor-managed guaranteed maximum prices. District staff presented project scopes, alternates and budget reconciliations for Bill Childress Elementary School and other campuses, noting contingencies and schedule implications.
The amendments formalize contracts under a construction-manager-at-risk (CMR) arrangement with Jordan Foster LLC and related subcontract awards. Administration told the board the GMPs cover required safety, security, HVAC and roofing upgrades and include some community-prioritized alternates such as replacing carpet with luxury vinyl tile (LVT). A portion of previously identified owner soft costs was reallocated into construction budgets, and unspent program funds will move into a program contingency account for later allocation.
District…
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