Common Contracts

1 similar Guaranteed Maximum Price (Gmp) Contract contracts

GOAL: 2
Guaranteed Maximum Price (Gmp) Contract • May 30th, 2023

The District and Gilbane Building Co. have reached agreement on a Guaranteed Maximum Price (GMP) contract of $22,860,574. The restoration of Fernway Elementary will be $15,811,155 and $7,049,420 is for District-wide improvements that occured in 2019. The GMP contract places a guaranteed maximum dollar amount the District will be required to pay.

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