CFBISD sets $1.28M GMP with Northstar Builders
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Description
Carrollton-Farmers Branch ISD executed a Guaranteed Maximum Price amendment with Northstar Builders Group, LLC for $1,279,133.00 to deliver early childhood additions at Thompson Elementary School. The construction manager-at-risk will begin work upon notice to proceed and must achieve substantial completion by August 1, 2026.
Contract Details
Contract Amount
$1,279,133.00 (Guaranteed Maximum Price); includes Owner’s Contingency Allowance $62,500 and Construction Contingency $48,766
Vendor
NORTHSTAR BUILDERS GROUP LLC
Agency
Carrollton-Farmers Branch Isd, TX
Contract Type
CONSTRUCTION
Document Date
May 4, 2026
Contract Term
Commencement on first business day after notice to proceed; Substantial Completion by August 1, 2026
Renewal Date
2026-08-01
Renewal Info
This amendment modifies the January 8, 2026 AIA A133-2019 agreement to add a Guaranteed Maximum Price and schedule for the early bid package; future adjustments, if any, will occur via change orders or additional modifications.
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