CONTRACTPLANNED

Gem Prep: Rexburg Plans $12M Facility Construction with Bouma USA

Gem City Career Prep High School
Disclosed value
$650,000 (pre-development); $9,312,680 (construction); $500,000 (land); $1,537,320 (interest/closing) — Total $12,000,000
From report
Document date
Sep 14, 2023
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Gem Prep: Rexburg has identified Bouma USA as the developer/contractor for its new 38,000 sq.ft. facility. The planned contract includes pre-development, construction, and land purchase totaling $12 million, with a 35-year mortgage and phased payments. Construction is scheduled to start September 2025 and finish by July 2026.

Who holds it

Bouma USA holds this construction contract with Gem City Career Prep High School. Its other public contracts on record include work for Taylors Crossing Charter School and Idaho Novus Classical Academy.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Gem City Career Prep High School contract.

Contract details

Contract type
Construction
Amount
$650,000 (pre-development); $9,312,680 (construction); $500,000 (land); $1,537,320 (interest/closing) — Total $12,000,000
Document date
September 14, 2023
Term
35 years (mortgage); construction starts September 2025, completion July 2026
Renews
Free account
Vendor
Bouma USA
Source document
gem-city-career-prep-high-school-report-2023-09-14_714.pdf (Report)

Bouma USA's other public contracts

More Gem City Career Prep High School contracts

Questions about this contract

Who was awarded the construction contract by Gem City Career Prep High School?

Bouma USA was awarded this construction contract by Gem City Career Prep High School, as recorded on September 14, 2023. The contract value is $650,000 (pre-development); $9,312,680 (construction); $500,000 (land); $1,537,320 (interest/closing) — Total $12,000,000.

How much is the Bouma USA contract with Gem City Career Prep High School worth?

The Bouma USA contract with Gem City Career Prep High School is valued at $650,000 (pre-development); $9,312,680 (construction); $500,000 (land); $1,537,320 (interest/closing) — Total $12,000,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in gem-city-career-prep-high-school-report-2023-09-14_714.pdf (Report), dated September 14, 2023 from Gem City Career Prep High School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bouma USA hold?

Bouma USA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Gem City Career Prep High School currently buying?

Explore Gem City Career Prep High School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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