Crest View Elementary CMGC Contract Amended for GMP
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Description
The Board approved Amendment No. 1 with Palace Construction for $1,536,946.00 at Crest View Elementary School, setting a $1,541,946.00 GMP for bond-funded improvements with construction from May 26, 2026 to August 1, 2026. This action converts the prior preconstruction agreement into a full CM/GC guaranteed maximum price contract.
Contract Details
Contract Amount
$1,536,946.00
Vendor
PALACE CONSTRUCTION
Agency
Boulder Valley School District RE-2, CO
Contract Type
CONSTRUCTION
Document Date
December 16, 2025
Contract Term
Construction commencing May 26, 2026 with substantial completion August 1, 2026
Renewal Date
2026-08-01
Renewal Info
Amendment No. 1 increases the CM/GC contract by $1,536,946.00 and sets the Guaranteed Maximum Price at $1,541,946.00 for Crest View Elementary School.
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