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Board of Works’ baseball project cleared to move forward with $2.523M GMP; paving estimated at $73,000
Summary
A Board of Works update reported a guaranteed maximum price (GMP) of $2,523,538 for the city’s baseball project; paving costs were cited as excluded from the GMP and estimated at up to $73,000, with staff saying they will seek to negotiate that price down.
The Tipton Board of Works reported that it had approved a guaranteed maximum price (GMP) of $2,523,538 for the city’s baseball project, with funding coming from a combination of bonding and private donations.
The Board representative told council members the GMP does not include certain items — notably asphalt paving — which the city expects to cover from the park bond. When asked how much of the park bond would be applied to paving for the baseball fields, staff estimated a maximum of roughly $73,000 and said the city would attempt to negotiate that figure downward because other paving work is being conducted concurrently.
Council members said they hope to set a groundbreaking date within the next 30 to 45 days and will continue to align the project schedule with available contractors. No formal council vote on the GMP was recorded in the council meeting transcript; the Board of Works had already acted to approve the GMP.
