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Board approves guaranteed-maximum price for J. L. Colbert junior-high addition after hearing budget increases
Summary
The board voted 6–0 to approve a guaranteed maximum price (GMP) for the John L. Colbert Junior High School addition. District staff and architects cited market pressures and scope additions — including an auxiliary gym and expanded track — as reasons the GMP exceeded earlier estimates.
The Fayetteville Public Schools Board of Education voted 6–0 to approve a guaranteed maximum price for the John L. Colbert Junior High School addition after district staff and project advisors outlined cost increases tied to market conditions and added scope.
The motion to approve the guaranteed maximum price (GMP) was made by Board member Justin Eichman and seconded by Board member Katrina Osborne; the president called the vote and the motion carried 6–0. District staff presented the…
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