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Lockhart ISD board approves $17.01 million GMP for Middle School #2
Summary
The board approved Guaranteed Maximum Price (GMP) No. 2 for Middle School #2 not to exceed $17,009,536. Trustee Dr. Barbara Sanchez moved approval and Trustee Sam Lockhart seconded; the motion passed 7-0.
The Lockhart ISD Board of Trustees approved Guaranteed Maximum Price (GMP) No. 2 for Middle School #2 at its Dec. 15 meeting. The motion, made by Trustee Dr. Barbara Sanchez and seconded by Trustee Sam Lockhart, authorized a GMP "not to exceed $17,009,536.00." The minutes record a 7-0 vote in favor.
Approval of GMP No. 2 commits the district to the construction contract package and establishes the not-to-exceed construction cost for Middle School #2 at $17,009,536. The minutes do not break out budget line items or identify the contractor in the excerpt; further contract documentation in district procurement records will contain full details for project scope and timeline.
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