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Vidor ISD trustees approve $11,374,380 guaranteed maximum price for Pine Forest Elementary
Summary
The Vidor Independent School District Board of Trustees approved a guaranteed maximum price (GMP) of $11,374,380 for the Pine Forest Elementary construction project during a Sept. 29 special meeting; trustees recorded a 6-0 vote with one recusal. The GMP includes an owner contingency and excludes a reduced permit fee.
The Vidor Independent School District Board of Trustees approved a guaranteed maximum price of $11,374,380 for the Pine Forest Elementary construction project at a Sept. 29 special meeting, with Trustee David Camp moving the measure and Miss Long identified as the seconder; one trustee, Miss Vincent, recused herself and the chair announced the motion carried 6-0 with one recusal.
Colin Garrett, presenting the GMP to the board, said the district solicited bids Aug. 21, issued one addendum and built the GMP from subcontractor and supplier inputs and architect specifications. "The guaranteed max that's being presented for Pine Forest…
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