Norwalk Eyes Increase to Silvermine HVAC GMP Contingency
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Description
The City of Norwalk is considering increasing the owner contingency allowance under its Guaranteed Maximum Price contract with Newfield Construction Group, LLC for the Silvermine School HVAC/IAQ project by up to $504,308.97. The additional funds will support future change orders and are available in capital account 09245010 5777/5799 C0842.
Contract Details
Contract Amount
Not to exceed $504,308.97 (additional owner contingency allowance)
Vendor
NEWFIELD CONSTRUCTION GROUP LLC
Agency
Norwalk Transit District, CT
Contract Type
CONSTRUCTION
Document Date
May 6, 2026
Renewal Info
Action increases the owner contingency allowance within the existing GMP contract for the Silvermine School HVAC/IAQ project; it does not modify the base term but expands funds available for change orders.
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