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Hendry County board approves initial $72.9 million guaranteed maximum price for new LaBelle High School
Summary
The Hendry County School Board voted to approve an initial guaranteed maximum price (iGMP) of $72,903,487 for the planned LaBelle High School, covering work within the $90.6 million in state Special Facilities funding. District leaders said a separate $33 million state appropriation would be sought to complete the full campus.
The Hendry County School Board on Tuesday approved an initial guaranteed maximum price of $72,903,487 to begin construction of a new LaBelle High School, district leaders said.
Superintendent (unnamed) told the board the district was awarded $90,600,000 through the Florida Department of Education’s Special Facilities program for the project, and that the initial GMP covers work that fits inside that funding. “We were awarded $90,600,000 to construct this school,” the superintendent said during the workshop presentation.
The district has pursued a two‑step approach: an initial GMP (iGMP) that contracts the critical path work the district can fund now, and a final GMP that would reflect the school’s…
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