Metropolitan Nashville Airport Authority AgendaPacket Joint Meeting 2026-05-20
Hensel Phelps CGMP 4 completes Concourse A GMP
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Description
MNAA is finalizing its CMAR agreement with Hensel Phelps Construction Company for the Concourse A reconstruction, approving a fourth component GMP of $30 million within an overall guaranteed maximum price of $542.88 million. The work runs from October 2024 through July 11, 2028 and covers central core demolition, structural upgrades, elevators, and new escalators.
Contract Details
Contract Amount
$542,880,672 NTE (GMP; includes CGMPs 1–4)
Vendor
HENSEL PHELPS CONSTRUCTION COMPANY
Agency
Metropolitan Nashville Airport Authority (MNAA), TN
Contract Type
CONSTRUCTION
Document Date
May 20, 2026
Contract Term
October 2024 – July 11, 2028 (1,371 calendar days)
Renewal Date
2028-07-11
Renewal Info
Progressive design‑build CMAR contract with four component GMPs culminating in a total GMP of $542,880,672 NTE; contract runs through July 11, 2028 with no renewals noted.
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