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Board accepts Core Construction work; final payments pending
Summary
Trustees accepted work completed by Core Construction on three bond projects (Towne Center refresh, Denton Creek refresh, phase 1 at Coppell Middle School North), clearing the way for final payment and noting ~$558,730 in unspent contingency funds and certificates of occupancy for the Fine Arts and Tennis centers.
The board accepted completed construction work on three projects and authorized staff to make final payments after change orders reflect unspent contingency dollars.
Facilities staff reported a guaranteed maximum price (GMP) of $9,118,000 across the referenced projects but said unspent contingency funds totaled $558,730 and that Core Construction will submit a change order to reduce the GMP accordingly. Staff also said the district received certificates of occupancy for the Fine Arts Center and Tennis Center.
A trustee moved to accept the work so that the business office could issue final payment; the motion was approved unanimously 7-0.
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