GMP #2 Approved for Dripping Springs HS Renovation
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Description
Dripping Springs ISD is set to approve Guaranteed Maximum Price Amendment #2 with American Constructors for $40,597,263 to continue the Dripping Springs High School renovation project under the CMAR delivery method. This amendment, combined with the previously approved GMP #1, brings the total construction GMP to $45,368,409, which remains within the $47,588,939 bond-funded construction budget.
Contract Details
Contract Amount
$40,597,263 (GMP #2); total GMP $45,368,409 within $47,588,939 budget
Vendor
AMERICAN CONSTRUCTORS
Agency
Dripping Springs Isd, TX
Contract Type
CONSTRUCTION
Document Date
April 27, 2026
Renewal Info
Second GMP amendment under existing Construction Manager at Risk contract for the Dripping Springs High School Renovation Project; follows GMP #1 approved February 23, 2026. Future amendments, if any, would modify the total GMP and require additional Board approval.
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