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Council approves guaranteed maximum price of $2.1 million for Central Park Lodge package A2
2113342 · January 14, 2025
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Summary
Council accepted bids and authorized a GMP agreement with Key Construction for the Central Park Lodge Package A.2 at $2,101,883, funded by insurance proceeds, park improvement funds and ARPA dollars.
City staff presented the full scope and guaranteed maximum price (GMP) for the Central Park Lodge project package A.2 and the Council voted to accept the lowest qualified bidders and authorize the mayor to sign a contract with Key Construction for a GMP of $2,101,883.
Daniel (city staff) said the project bid results are in the council packet and observed generally strong bidder…
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