Lewisville ISD construction and bond updates include multiple Guaranteed Maximum Price projects
Executive Director Randy Fite briefed trustees on construction updates across the 2017, 2023 and 2024 bond programs, listing multiple Guaranteed Maximum Price (GMP) projects (FB18, FB26, FB27, FB25, FB11, FB14, FB12, FB31 and AS04, AN01/AN02, AS03, AR01/AR02, AS02). Minutes do not include GMP dollar amounts.
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Executive Director of Construction Randy Fite presented the board with a comprehensive construction update covering the 2017, 2023 and 2024 bond programs. The report listed numerous Guaranteed Maximum Price (GMP) items for first-sale projects under the 2023 Bond (including FB18, FB26, FB27, FB25, FB11, FB14, FB12, FB31) and several first-sale projects under the 2024 Bond (AS04, AN01, AN02, AS03, AR01, AR02, AS02). The minutes record project codes and project descriptions such as stadium repairs, elevator renovations, fire alarm replacement and electrical upgrades but do not list specific GMP dollar amounts or contractor names.
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