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Finance committee reviews construction GMPs and warns delays increase district costs
Summary
The Dorchester 02 finance committee reviewed guaranteed-maximum-price construction contracts, reported savings on a finished phase at Ashley Ridge High School, and flagged potential annual cost impacts (about $2.5 million) if major projects are delayed.
Presenter briefed the finance committee on the district’s guaranteed-maximum-price (GMP) construction contracts, reporting a small savings on a completed phase at Ashley Ridge High School and noting several larger projects that remain in design or preconstruction.
The meeting focused first on completed and ongoing work: the presenter said the district finished phase 1 of classroom renovations at Ashley Ridge and reported savings between the GMP and actual spending. He also reported that phases 2–4 (including a new band room and related renovations) remain active under Harper General Contractors…
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