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Altoona approves guaranteed maximum price amendment for Public Works facility
Summary
The council approved an AIA A133 agreement amendment establishing a Guaranteed Maximum Price for the Hansen Company work on the new Public Works Facility; the motion was approved subject to legal review.
City Engineer John Dostart presented an AIA A133 amendment to establish a Guaranteed Maximum Price (GMP) for Hansen Company’s contract on the Altoona Public Works Facility. Dostart said the amendment sets the GMP for work bid in the first bid set.
Councilmember Duer moved approval of the amendment subject to legal review; the council approved the motion by roll call vote (recorded 4-0). The council recorded the decision as approval of the contract amendment and directed that legal review occur before completion of contracting steps.
No dollar amount for the GMP was stated in the meeting record included in the transcript excerpt. The amendment advances the procurement and contracting process for the Public Works Facility project.
