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Board approves preliminary GMP with Peak Construction for Pearl District EXP Building
Summary
Trustees unanimously approved a preliminary guaranteed maximum price construction contract with Peak Construction for the Pearl District EXP Building at 9900–9902 Berwyn.
Trustee Fazio moved and Trustee Minale seconded approval of a preliminary guaranteed maximum price construction contract with Peak Construction for the Pearl District EXP Building; trustees voted unanimously to approve the contract authorization during the Sept. 18 special meeting.
The agenda item was presented as a standard procurement approval; the transcript records the motion, the second and the unanimous aye vote but does not include the GMP value or schedule in the provided segments. Trustees did not record additional discussion on financing or construction phasing in the captured text.
