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Board approves GMP for Lee Longino Elementary addition
Summary
Ferris ISD trustees unanimously approved the Guaranteed Maximum Price (GMP) for the Lee Longino Elementary School addition; the motion, seconder and unanimous vote are recorded in the minutes.
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The board approved the Guaranteed Maximum Price (GMP) for the Lee Longino Elementary School addition. "Richard Sasser made the motion to approve GMP for Lee Longino ES Addition as presented. Billinda Longino seconded the motion, and the motion carried unanimously," the minutes report.
The minutes do not list the GMP dollar amount or construction schedule. Approval authorizes the project to proceed under the GMP terms presented to the board; execution and construction oversight will be managed by district administration and contracted construction partners.
