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Board authorizes Altec Inc. CMAR pre-construction services for airport site-prep

City of Texarkana, Arkansas Board of Directors · July 21, 2026
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Summary

The board approved a resolution authorizing the interim airport director to enter a CMAR pre-construction contract with Altec Inc. for site-prep on a maintenance/repair/overhaul project; staff said phase 2 will set guaranteed price and the overall program could reach the low $20 million range with anticipated job creation.

Director Jewell asked for a presentation to recognize the size and importance of the airport project before it was removed from the consent agenda. Airport staff (identified in the discussion as Russ) described a two-phase CMAR (construction manager at risk) approach: phase 1 covers pre-construction/site preparation and incurs no pre-construction compensation under the proposed agreement; phase 2 will establish a guaranteed maximum price for construction and return to the board for approval.

Staff estimated the full construction phase could be in the low twenties of millions of dollars and said the site prep now under consideration is intended to secure a large aircraft paint company and facilitate later investment. The airport presentation included an employment estimate of about 160 jobs averaging roughly $60,000 annually, and staff noted CMAR fees would be applied to the construction price (a 3.5% CMAR fee was discussed for the construction phase). The board moved and unanimously adopted the resolution authorizing the interim airport director to enter the CMAR contract with Altec Inc.

The resolution, read in full by the city attorney, described CMAR responsibilities including constructability advice, procurement timing, and preliminary budgeting; the contract under consideration covered pre-construction services only and promised a later resolution for the construction phase and compensation.