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School board approves lease-leaseback for Phase 2 HVAC work, including $3 million early-procurement allowance
Summary
The Redwood City School Board unanimously approved Resolution 16 to enter a lease-leaseback preconstruction agreement with Block Construction for Phase 2 HVAC upgrades at Clifford, Orion and Canadian Middle School; the contract includes $29,595 for preconstruction services and a $3,000,000 early-procurement allowance, and staff expects a GMP to return in May.
The Redwood City School Board voted unanimously Feb. 4 to approve Resolution 16, a lease–leaseback preconstruction agreement with Block Construction for Phase 2 HVAC improvements at Clifford, Orion and Canadian Middle School.
Nick Olsen, the district's bond program manager representing Badcock Construction Services, told the board the contract being recommended covers $29,595 for preconstruction services and includes "a $3,000,000…
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