School District of Clay County
Green Cove Springs, Florida
Clay County District Office - Green Cove Springs Business Affairs Conference Room March 27, 2007 - 2:00 p.m.
March 27, 2007 Special Meeting
Agenda Item #2

Item Title
Guaranteed Maximum Price for Elementary School "W"


A special School Board meeting was necessary as time is of essence.  Sufficient time remains to complete this project but everyday is extremely important.


The School Board awarded the construction contract as Construction Manager At-Risk to Skanska USA Building Inc. on May 17, 2006.  In accordance with the contract documents, Skanska USA Building Inc. is required to develop the guaranteed maximum price (GMP) for staff review.  After thorough review and scrutiny, staff is prepared to present the GMP to the School Board.  Staff review has included conformation of every bid component and verified that all costs are reasonable and current with today’s market.


Having completed this review and verification, the GMP is recommended for approval.


At the time of this agenda item entry, the full GMP document was not available to post as an attachment.  The GMP document will be hand delivered on Thursday, March 22, 2007 and posted on the agenda back-up on March 26, 2007.




Recommended Action

Approve the Guaranteed Maximum Price proposal for Elementary School “W” dated March 8, 2007 from Skanska USA Building Inc.  Upon the approval of the GMP proposal, this document becomes part of the Construction Manager At-Risk agreement for the project.

Financial Impact

The Guaranteed Maximum Price (GMP) for this project is $22,688,707.00.  The project anticipates a April 2, 2007 Notice to Proceed, with Substantial Completion on June 2, 2008.  Final Completion is to be achieved July 2, 2008.


Funding for this project is Part III Capital Outlay and is currently budgeted and identified within our 2006-2007 Educational Facilities Plan.

Submitted By

Michael J. Elliott, Assistant Superintendent

Attachment:  GMPproposal.pdf