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Board approves $66.46 million GMP for Lake Travis High School competition gym and Fine Arts addition
Summary
Lake Travis ISD approved a Guaranteed Maximum Price (GMP) amendment with American Constructors for the Lake Travis High School competition gym and Fine Arts addition totaling $66,464,056; the motion passed 6–0.
The Lake Travis ISD Board voted on March 26 to approve a Guaranteed Maximum Price amendment with American Constructors for the Lake Travis High School competition gym and Fine Arts addition in the amount of $66,464,056.
Trustee Rob Aird moved for approval and Trustee Kim Flasch seconded the motion; the board approved the GMP and authorized the Interim Superintendent or designee to execute the agreements and GMP amendment. "The administration recommends approval of the GMP amount identified in the GMP attachment to this action sheet," the minutes state. The motion passed by a vote of 6 – 0.
The minutes note that American Constructors had been approved previously as general contractor (December 2023) and that the GMP amount is recorded in the attached pricing summary. The record does not include a detailed funding breakdown in the minutes; staff presented the item as part of ongoing bond‑funded capital projects. District staff will return with implementation milestones and any required change orders as the project proceeds.
Board materials indicated the project will add competition‑level athletic and fine‑arts space to Lake Travis High School; the minutes record the GMP but do not include a specific construction schedule in the open minutes.
