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Board approves Lakeview High School guaranteed maximum price at $37.2 million, under bond budget
Summary
San Angelo ISD approved Lee Lewis Construction’s GMP for the Lakeview High School project at $37,197,575, which administration reported comes in under the bond's earlier $46.4 million allowance for the project components; vote was 5-0.
The San Angelo ISD Board of Trustees voted 5-0 July 20 to approve a guaranteed maximum price (GMP) amendment with Lee Lewis Construction for the Lakeview High School bond project at $37,197,575.
Administration and Park Hill architects presented the GMP, noting the GMP plus architect fees and approved portable projects bring the total Lakeview project to about $41 million against a bond budget line of $46.4 million. "This project did come in under budget and, substantially," administration said during the presentation, and the board delegated authority to the superintendent to finalize and execute the GMP amendment in a form approved by legal counsel.
The vote follows a construction update earlier in the meeting in which Park Hill partner Hector Santiago described progress at Crockett Elementary, McGill and Central High and reported permits and site work in various stages. Trustees thanked Park Hill and Lee Lewis for work that reduced projected costs through collaborative CMAR (construction-manager-at-risk) decisions.
With the board's approval, the project may proceed into construction activities consistent with the bond 2025 program timeline.
