CONSTRUCTIONAMENDED

Town of Emerald Isle Board of Commissioners Agenda Packet May 2026

Design-Build Contract Amended for New Fire Station 2

Not to exceed $3,473,700Town of Emerald IsleDR REYNOLDS COMPANY INCMay 12, 2026

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Description

Emerald Isle is set to amend its design-build contract with DR Reynolds Company, Inc. to authorize construction of the new Fire Station 2 at a guaranteed maximum price of $3,473,700. The project will replace the existing station at 2810 Emerald Drive with a larger, modern facility for fire, EMS, and water rescue services.

Contract Details

Contract Amount

Not to exceed $3,473,700

Vendor

DR REYNOLDS COMPANY INC

Agency

Town of Emerald Isle, NC

Contract Type

CONSTRUCTION

Document Date

May 12, 2026

Contract Term

Construction expected July 1, 2026 – July 31, 2027 (substantial completion)

Renewal Date

2027-07-31

Renewal Info

Existing design-build agreement is amended to add a guaranteed maximum price and detailed scope for construction; cost overruns above the GMP for the defined scope are contractor’s responsibility, while cost savings are shared 50/50 between the Town and DR Reynolds. Future scope changes would be handled as change orders.