Living Building GMP Increased for S.B. Ballard Construction
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Description
The Henrico County Public Schools Board approved an amendment to the Guaranteed Maximum Price contract with S.B. Ballard Construction Company for the Living Building Construction Manager at Risk project, raising the contract amount to $15,993,246.98. The contract covers all construction-related costs and allows change orders up to 15% of the original contract amount. Funding comes from the approved Capital Improvement Plan and 2022 Bond Referendum.
Contract Details
Contract Amount
$15,993,246.98
Vendor
S.B. BALLARD CONSTRUCTION COMPANY
Agency
Henrico County Public Schools, VA
Contract Type
CONSTRUCTION
Document Date
June 11, 2026
Renewal Info
Original contract approved August 22, 2024, for $12,000,000. Amended June 11, 2026, to $15,993,246.98. Allows change orders up to 15% of original amount.
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