GOAL: 2Guaranteed 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.
