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Racine Unified presents $21.3 million Walden 3 renovation; GMP set at $15.7 million
Summary
District staff told the school board the guaranteed maximum price (GMP) for Walden 3 renovation is $15,726,764 and the total project budget is $21,266,220, covering a secure main office, elevator, accessible bathrooms, waterproofing and structural reinforcement; the board will vote on the measure at the February business meeting.
Administration presented the guaranteed maximum price and total project budget for renovation work at Walden 3 Middle and High School and said the item will be scheduled for board approval at the district’s February business meeting.
The presenter reported the GMP — the construction portion of the contract — is $15,726,764 and the total project budget is $21,266,220. Planned…
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