Get email alerts on the Construction Contracts topic
No spam. Unsubscribe anytime.
Board approves $2.9 million GMP for STEM Academy security vestibule
Summary
The Royal ISD Board approved a Guaranteed Maximum Price (GMP) of $2,908,102.16 from TELLEPSEN for the STEM Academy security vestibule and administration building (Bond 2023), authorizing the superintendent or designee to execute the amendment.
The Royal Independent School District Board of Trustees voted to approve a Guaranteed Maximum Price (GMP) of $2,908,102.16 for the STEM Academy security vestibule and administration building. The motion, made by Trustee Melissa Woods and seconded by Elton Foster, authorized the superintendent or her designee to sign the GMP amendment submitted by TELLEPSEN.
Board members recorded unanimous support on the motion. "Motion that the Board approve the GMP for the sum of $2,908,102.16 as submitted by TELLEPSEN and authorize the Superintendent or her designee, to sign the Amendment to the contract as a GMP as presented by administration," the minutes state. The approval is tied to Bond 2023 project funding and moves the security and administration building work into the contract phase.
The board received no public comment on the item. Administration presented the contract terms and recommended approval; trustees asked no recorded follow-up questions during the public minutes. The district will proceed with contract execution and associated procurement steps for the listed scope of work.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
