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Princeton ISD approves $41.19 million GMP for Diane Talley Elementary
Summary
The board unanimously approved a Guaranteed Maximum Price (GMP) of $41,190,403 for Diane Talley Elementary School. The minutes record the amount and approval but do not include contractor or timeline details.
The Princeton ISD Board of Trustees voted unanimously on Jan. 21, 2026 to approve a Guaranteed Maximum Price (GMP) of $41,190,403 for Diane Talley Elementary School.
Board President Carlos Cuellar moved to approve the GMP; Vice President Starla Sharpe seconded. The minutes record the dollar amount and unanimous passage but do not include contract exhibits, contractor identity, or schedule. Further procurement documents will be required to confirm scope and timing.
The approval places the Diane Talley project on the district's capital work plan alongside other approved projects. The transcript does not include public comment specific to this GMP or technical details about project phasing.
