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Dickinson EDC approves $5.356 million guaranteed maximum price for Water Street parking garage
Summary
The Dickinson Economic Development Corporation voted to award a construction contract to Flintco and accepted a guaranteed maximum price (GMP) of $5,356,000 for the Water Street parking garage; the project includes an EDA grant contribution and a 20-year ownership/maintenance requirement.
The Dickinson Economic Development Corporation on a voice vote approved a construction contract with Flintco to build the Water Street parking garage, with a guaranteed maximum price of $5,356,000.
Board members and the Flintco representative described the contract as a complete delivery of a multi‑story parking structure. Morgan, a Flintco representative, told the board the lump sum includes concrete, rebar and other major material costs and that the company’s bid “is part of that overall lump sum” and “it is a complete parking garage…fully usable from the day we're done.”
City staff and board members told the…
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