Banks High School CM/GC GMP Set at $38.2 Million
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Description
Banks School District executed Contract Amendment No. 4 with P&C Construction, setting a Guaranteed Maximum Price of $38,214,987 for the Banks High School Addition and Remodel CM/GC project. The amendment defines substantial completion by September 13, 2027 and beneficial occupancy by August 12, 2027, and incorporates the latest plans, specifications, and GMP estimate documents.
Contract Details
Contract Amount
$38,214,987
Vendor
P&C CONSTRUCTION
Agency
Banks School District 13, OR
Contract Type
CONSTRUCTION
Document Date
May 6, 2026
Contract Term
Substantial completion no later than September 13, 2027; beneficial occupancy no later than August 12, 2027
Renewal Date
2027-09-13
Renewal Info
This is GMP Amendment No. 4 to the CM/GC Construction Contract dated December 4, 2024, establishing the guaranteed maximum price and contractual completion dates; earlier amendments are not detailed in this document.
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