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Governing board approves final guaranteed maximum price for Hilltop School for the Arts
Summary
The Agua Fria governing board approved Guaranteed Maximum Price (GMP) No. 3 for the Hilltop School for the Arts on July 10, covering the remaining cost of the project, the district's presenter said.
The Agua Fria Union High School District Governing Board on July 10 approved Guaranteed Maximum Price (GMP) No. 3 for the Hilltop School for the Arts, a district presenter said during the meeting.
A project representative told the board that the district had previously approved two earlier GMPs that covered long-lead items and that GMP No. 3 is intended to cover the full cost of the school, plus a small allowance to “cover our bases in case there are any extras on the project.” The presenter described this as the final GMP for the project.
Board members voted to approve GMP No. 3. After the vote, board members thanked staff and project teams for their work on the school.
The board did not provide a roll-call tally in the public portion of the transcript; the motion was recorded and approved on the meeting record.
