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Board reviews $6M renovation GMP for Central Administration building; contingency and funding discussed
Summary
Construction managers presented a guaranteed maximum price (GMP) for renovating the former Madison Academic building into the district central office, with presenters citing roughly $6,000,000–$6,900,000 figures, a $400,000 contingency and planned funding from ESSER and county contributions.
Construction staff presented a guaranteed maximum price to the board for renovations to the old Madison Academic building intended for central administration use. The project team described a value‑engineering process that reuses existing building elements, abatement that has already been completed and exterior work still to be finalized.
The presenter stated a GMP of $6,000,009.92 (as articulated in the meeting presentation) and identified a contingency allowance of approximately…
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