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Board reclaims $4.43 million from GMP projects, redirects most to South Marion High and approves multiple capital items
Summary
District staff reported $4,433,197.73 in unused funds from several GMP construction projects; roughly $4.1 million will be directed to the South Marion High School project. The board also approved emergency chiller replacement at Westport High and amendments for several capital projects.
District staff told the board Jan. 13 that projects delivered under the construction-management guaranteed-maximum-price (GMP) delivery method produced unused funds totaling $4,433,197.73; change orders will return those dollars to the owner and staff recommended directing $4,100,503.02 of that amount to the South Marion High School project.
Why it matters: Redirecting unspent construction dollars affects capital planning and project sequencing across the district and signals an active reconciliation of construction accounts.
Key project approvals and figures presented at the meeting:
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