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Metropolitan Nashville Airport Authority Operations Committee Agenda Packet May 2026

Hensel Phelps CMAR GMP finalized for Concourse A

$542,880,672 NTE (GMP including CGMPs 1–4)Metropolitan Nashville Airport AuthorityHENSEL PHELPS CONSTRUCTION COMPANYMay 13, 2026

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Description

MNAA is proceeding with Hensel Phelps Construction Company under a CMAR contract totaling up to $542,880,672 NTE to reconstruct and expand Concourse A, including a new central core. Approval of Component GMP 4 for $30,000,000 NTE completes the series of CGMPs for the project, with work running through July 11, 2028.

Contract Details

Contract Amount

$542,880,672 NTE (GMP including CGMPs 1–4)

Vendor

HENSEL PHELPS CONSTRUCTION COMPANY

Agency

Metropolitan Nashville Airport Authority, TN

Contract Type

CONSTRUCTION

Document Date

May 13, 2026

Contract Term

October 2024 – July 11, 2028 (1,371 calendar days)

Renewal Date

2028-07-11

Renewal Info

CMAR contract structured with four Component GMPs culminating in a final Guaranteed Maximum Price; project duration 1,371 calendar days from October 2024 with completion by July 11, 2028.

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Metropolitan Nashville Airport Authority (MNAA) (Tennessee)$542,880,672 NTE (GMP; includes CGMPs 1–4)May 20, 2026

Metropolitan Nashville Airport Authority Joint Meeting Agenda Packet May 2026

Metropolitan Nashville Airport Authority (Tennessee)CGMP1 $32,861,879; CGMP2 $109,886,525; CGMP3 $370,132,268; CGMP4 Not to exceed $30,000,000; Overall GMP Not to exceed $542,880,672May 19, 2026

Issuing Agency

Metropolitan Nashville Airport Authority

Airport Authority

TN

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Vendor

HENSEL PHELPS CONSTRUCTION COMPANY

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