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Council approves guaranteed maximum price for Jean George Boulevard project after bids come in well under estimate
3858184 · May 28, 2025
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Summary
Springdale council authorized a guaranteed maximum price (GMP) for the Jean George Boulevard (50th Street) construction project (Project No. 23BPS4); council noted the low bid was roughly $5 million below earlier estimates; vote 6‑0.
The Springdale City Council on May 27 authorized a guaranteed maximum price for the Jean George Boulevard (50th Street) construction project after competitive bids produced lower‑than‑expected estimates.
Jeff Watson, Finance Committee chair, presented the item and noted…
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