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Board approves $568.8 million partial GMPs for two new MISD high schools
Summary
Trustees approved partial guaranteed maximum prices (GMPs) totaling $568,787,856 to secure major site and building trades for the two new high schools in the 2023 bond program; administration and program managers said the partial GMPs reduce escalation risk and accelerate schedule.
The Midland ISD Board of Trustees approved partial guaranteed maximum prices (GMP 1) totaling $568,787,856 for two new high schools in the district's 2023 bond program.
The partial GMP covers major building trades and site work, including earthwork, concrete, masonry, metals, roofing, finishes, elevators, fire suppression, plumbing, electrical and site utilities. The recommended amounts were $282,316,585 for New Legacy High School and $286,471,271 for New Midland High School,…
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