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Santo ISD approves Guaranteed Maximum Price for academic wing; Goldsmith Construction to serve as CMAR

Santo ISD Board of Trustees · September 19, 2024
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Summary

The board approved a Guaranteed Maximum Price (GMP) package for the academic wing construction, following a presentation by Goldsmith Construction (the district's Construction Manager At‑Risk). Motion carried 5‑0.

Goldsmith Construction, the district’s Construction Manager At‑Risk (CMAR), presented a Guaranteed Maximum Price (GMP) package for the remaining trades on the academic wing. The presentation to the board included scope, cost, references and recommendations for proceeding.

Following the presentation, the board voted to approve the GMP/CMAR package for the 2024 bond academic wing/drama facility per Goldsmith Construction’s recommendation. The motion was made by Philip Colvin and seconded by Daina Wofford; the minutes record the vote as five in favor and the motion carrying 5‑0. The minutes note that, under the contract, trades will become the responsibility or employees of the general contractor.