Joeris Proposes $59.8M GMP for New CTE Facility
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Description
Joeris submitted a Guaranteed Maximum Price proposal of $59,822,302 to Red Oak ISD for construction of the new Career and Technical Education facility at Red Oak High School. The 18‑month project includes HVAC controls and fire alarm replacement at existing facilities, with defined contingencies, insurance, and bonding costs built into the GMP.
Contract Details
Contract Amount
$59,822,302
Vendor
JOERIS
Agency
Red Oak Isd, TX
Contract Type
CONSTRUCTION
Document Date
May 1, 2026
Contract Term
18-month construction schedule from Date of Commencement plus 30 days for close-out
Renewal Info
GMP proposal anticipates a single 18‑month construction period plus 30 days for close‑out; no renewal or extension terms are specified beyond potential equitable adjustments for delays and cost escalations due to uncontrollable market conditions.
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