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Metropolitan Nashville Airport Authority Joint Meeting Agenda Packet May 2026

Final CGMP Sought for Concourse A CMAR Project

CGMP1 $32,861,879; CGMP2 $109,886,525; CGMP3 $370,132,268; CGMP4 Not to exceed $30,000,000; Overall GMP Not to exceed $542,880,672Metropolitan Nashville Airport AuthorityHENSEL PHELPS CONSTRUCTION COMPANYMay 19, 2026

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Description

The Board is requested to approve Component GMP #4, a central core expansion package not to exceed $30 million, under the CMAR contract with Hensel Phelps Construction Company for the Concourse A Reconstruction project. This action would complete the component GMPs and establish an overall not-to-exceed GMP of $542.88 million through July 2028.

Contract Details

Contract Amount

CGMP1 $32,861,879; CGMP2 $109,886,525; CGMP3 $370,132,268; CGMP4 Not to exceed $30,000,000; Overall GMP Not to exceed $542,880,672

Vendor

HENSEL PHELPS CONSTRUCTION COMPANY

Agency

Metropolitan Nashville Airport Authority, TN

Contract Type

CONSTRUCTION

Document Date

May 19, 2026

Contract Term

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

Renewal Date

2028-07-11

Renewal Info

CMAR contract runs through July 11, 2028 with four component GMPs and an overall not-to-exceed guaranteed maximum price; no renewals described.

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Metropolitan Nashville Airport Authority (Tennessee)Component Guaranteed Maximum Price 1 $32,861,879; Component Guaranteed Maximum Price 2 $109,886,525; Component Guaranteed Maximum Price 3 $370,132,268; Component Guaranteed Maximum Price 4 $30,000,000 NTE; Guaranteed Maximum Price $542,880,672 NTEMay 13, 2026

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Metropolitan Nashville Airport Authority (Tennessee)$542,880,672 NTE (GMP including CGMPs 1–4)May 13, 2026

Issuing Agency

Metropolitan Nashville Airport Authority

Airport Authority

TN

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Vendor

HENSEL PHELPS CONSTRUCTION COMPANY

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