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Board approves $74.96 million amendment to finish Woodland Junior High; total GMP reaches $99.65 million
Summary
The Fayetteville School District board on its September agenda approved Contract Amendment No. 8—$74,963,679—for the new Woodland Junior High, bringing the guaranteed maximum price to $99,650,513 after value-engineering reduced earlier market estimates. The vote was 6–0.
The Fayetteville School District Board of Education voted to approve Contract Amendment No. 8 for the new Woodland Junior High, adding $74,963,679 to the project and raising the guaranteed maximum price (GMP) to $99,650,513.
Kelly Freeman of Connect Advisors asked the board to approve the amendment, saying the team "is asking the board for approval for contract amendment number 8 in the amount of $74,963,679" and noted the district completed an extensive value‑engineering process after early market pricing exceeded $106 million. Freeman said the group accepted 34 of 50 proposed scope reductions and that the adjustments did not reduce the project’s sustainability certifications.
Why it matters: the amendment bundles previously approved early packages and value‑engineering work into a single GMP that project leaders say…
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