CONSTRUCTIONAMENDED

Fremont School District 79 Construction Manager Bond Agreement Dec 2025

District 79 sets limited GC bond with Pepper Construction

Not to exceed $1,027,667.00; premium cost approximately $8,846.00Barber County North Unified School District 254PEPPER CONSTRUCTION COMPANYDecember 19, 2025

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Description

Fremont School District 79 and Pepper Construction Company executed a Supplemental Construction Manager Bond Agreement on December 19, 2025. The deal provides a limited payment and performance ‘GC Bond’ covering only general conditions up to $1,027,667.00 and requires the district to reimburse the estimated $8,846.00 bond premium while shifting default risk for prime trade contractors to their own bonds.

Contract Details

Contract Amount

Not to exceed $1,027,667.00; premium cost approximately $8,846.00

Vendor

PEPPER CONSTRUCTION COMPANY

Agency

Barber County North Unified School District 254, KS

Contract Type

CONSTRUCTION

Document Date

December 19, 2025

Contract Term

GC Bond effective as of Supplemental Agreement date December 19, 2025; bond amount subject to adjustment with material contract price changes of 15% or more

Renewal Info

Supplemental Agreement modifies the existing CM Master Agreement and Project Work Order #11 to limit bond coverage to general conditions; GC Bond penal sum can be adjusted with surety consent if the total contract price changes by 15% or more. No explicit renewal or end date is specified for the bond beyond its linkage to the project and general conditions scope.