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Board approves multimillion‑dollar GMPs for school modernizations and creates enterprise fund for transportation services
Summary
Trustees approved guaranteed maximum prices for Northridge Elementary ($13 million) and an ADA ramp amendment for Box Springs and Sugar Hill ($256,000), and authorized creation of Fund 63 to record revenue from transportation contracts with neighboring districts.
The Moreno Valley Unified School District Board of Education approved several contract and accounting actions on Oct. 14 tied to ongoing modernization work funded by voter‑approved measures.
The board approved a guaranteed maximum price (GMP) of $13,000,000 for the Northridge Elementary School modernization project and a district contingency of $800,000 to support interim housing, classroom modernizations and…
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