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Board approves $51.8 million guaranteed maximum price for Pershing Middle School
Summary
The board unanimously approved a $51,790,538 GMP from Crossland Construction for the Pershing Middle School project; the GMP includes owner contingency and a 3% contingency on direct construction costs.
Sean Dilday presented the guaranteed maximum price (GMP) for the Pershing Middle School construction project, reporting bids from subcontractors and a total GMP of $51,790,538. He said the original estimate was about $49.7 million and explained the GMP includes a per‑site contingency of $450,000 and an owner contingency equal to approximately 3% of direct costs (about $1,452,715).
Dilday cited higher steel prices and market shifts since the original estimate as reasons for cost changes and said unused contingency funds would revert to the district. Board members asked for clarification on what the budget difference would cover (FF&E, AV, site infill, furniture) and how owner contingency operates; Dilday described owner contingency as funds set aside to cover district‑requested changes or alternations.
The board moved to approve the GMP from Crossland Construction for $51,790,538; the motion (moved by Dr. Mahad Makani and seconded by Board member Smart) passed with seven affirmative votes.
Ending: Construction is expected to begin quickly; the district indicated crews could start next week and additional GMPs (Bingham) will be brought to the June meeting.
