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Commission approves $26.9M guaranteed maximum price, $16.2M in subcontracts for Kentwood Community Center
Summary
The commission authorized subcontracts totaling $16,201,581 and amended the construction-manager contract to set a guaranteed maximum price (GMP) of $26,888,759 for the Kentwood Community Center; funding will come from millage proceeds, bonds and other capital funds.
The Kentwood City Commission on Feb. 18 authorized Triangle Associates Inc. to issue subcontracts for bid package No. 2 of the Kentwood Community Center and amended the city’s contract with Triangle to set a guaranteed maximum price (GMP) of $26,888,759.
Project manager Susan Arnold told commissioners subcontracts in bid package 2 total $16,201,581; when combined with previously authorized amounts, the GMP equals $26,888,759.…
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