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Board approves early civil guaranteed-maximum price for new elementary school
Summary
Trustees approved an early civil/earthwork guaranteed maximum price package for a new elementary school—an early-stage civil package of roughly $4.18 million—part of a larger project referenced at about $56.7 million. The vote was unanimous, 7–0.
The Red Oak ISD board approved a guaranteed maximum price (GMP) early civil/earthwork package for the district's new elementary school, allowing construction to proceed in staged procurement components.
CFO Dr. Bill Johnston (S12) described the approach used on prior projects (civil/earthwork first, then steel and building construction) and presented an early civil package priced at about $4.18 million. A board member cited the project's total budget at approximately $56.7 million. The motion to approve the package was made by Miss Nutt and seconded by Mister Sebring; the motion passed 7–0. Trustees said staged packages have helped the district manage costs on earlier projects and that staff will return with later GMP packages as more components are defined.
