Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bennington board approves $98.4 million guaranteed maximum price for second high school
Summary
The Bennington Public Schools board unanimously approved a guaranteed maximum price (GMP) of $98,431,752 for the district's second high school, a figure district officials said aligns with the project cost presented during the bond campaign after accounting for expected energy-efficiency credits.
Bennington Public Schools on Monday approved a guaranteed maximum price of $98,431,752 for the district's second high school and authorized the superintendent to execute related documents.
Superintendent reported the figure during a presentation on the construction manager-at-risk contract and said the GMP was the same amount the district had presented during the bond campaign once an anticipated $767,682 in energy-efficiency credits tied to a geothermal well field are applied. "This number that you're seeing here is the exact same…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
