Final GMP Approved for Future48 Semiconductor Project
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Description
The Governing Board approved Contract Amendment Number 2 with Okland Construction Inc. setting a final GMP of $5,967,458.95 for the Future48 Semiconductor Project at GateWay Community College. With this amendment, the total GMP for the project reaches $13,193,721.95 toward a $23.5 million multi-funded budget, with construction projected to finish by December 2026.
Contract Details
Contract Amount
$5,967,458.95
Vendor
OKLAND CONSTRUCTION INC
Agency
Scottsdale Community College, AZ
Contract Type
CONSTRUCTION
Document Date
December 9, 2025
Contract Term
Through estimated construction completion date December 2026
Renewal Date
2026-12-31
Renewal Info
Second and final GMP amendment under the existing CMAR agreement; future changes would require additional amendments and board approvals. Construction completion is estimated for December 2026.
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