Palacios ISD approves final payment certificate for GMP 3; total projects cost reported at $43,059,112
Apr 13, 2026
The board approved a final payment of $0.00 to Drymalla Construction Company, closing GMP 3 with a reported total cost of $43,059,112 — $113,122 below the approved Guaranteed Maximum Price; the motion passed 4–0 on April 13, 2026.
The full story
Palacios ISD trustees approved a final payment certificate for Guaranteed Maximum Price (GMP) 3 — the New PreK–5 campus, fine arts and football renovations — at their April 13 meeting. The board recorded a total projects cost of $43,059,112, which the minutes state is $113,122 below the approved GMP. The board approved a final payment of $0.00 to Drymalla Construction Company.
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