New Jersey Schools Development Authority Board Meeting Agenda May 2026
Multiple credits reduce Precision’s Science Park HS contract
Trusted by teams at
Description
The SDA approved three credit change orders totaling $98,722 for Precision Building & Construction, LLC on the Newark New Science Park High School project, reducing the construction contract to $1,833,451. Despite these credits, the contract still reflects a 26.41% cumulative increase over the original award amount.
Contract Details
Contract Amount
Change Orders #4, #5, and #6: total credit of ($98,722); revised contract amount $1,833,451
Vendor
PRECISION BUILDING & CONSTRUCTION LLC
Agency
NJ Schools Development Authority, NJ
Contract Type
CONSTRUCTION
Document Date
May 6, 2026
Renewal Info
Change Orders #4–#6 decrease the cumulative contract value by $98,722 while leaving a significant net increase versus the original award.
More from PRECISION BUILDING & CONSTRUCTION LLC
Related Contracts
More from NJ Schools Development Authority
New Jersey Schools Development Authority Board Meeting Agenda May 2026
New Jersey Schools Development Authority Board Meeting Agenda May 2026
New Jersey Schools Development Authority Board Meeting Agenda May 2026
New Jersey Schools Development Authority Board Meeting Agenda May 2026
New Jersey Schools Development Authority Board Meeting Agenda May 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.