CONSTRUCTIONAMENDED

Edmonds SD Sets $139M GMP With Cornerstone

Edmonds School District #15 approved a Guaranteed Maximum Price amendment with Cornerstone General Contractors Inc for the College Place Elementary and Middle School Replacement Project, setting the contract sum not to exceed $139,046,441. The amendment defines phased completion dates through February 16, 2029, incorporates earlier limited notice and scope amendments, and clarifies risk allocation, insurance responsibilities, and liquidated damages for delays.

Status
AMENDED
Document date
June 10, 2026
Contract type
CONSTRUCTION
Vendor
Cornerstone General Contractors Inc
Agency
Edmonds School District · WA

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract amount
$139,046,441 (Guaranteed Maximum Price, inclusive of prior Limited Notice to Proceed No. 1 for $8,525,438 and Amendment No. 1 – All Remaining Scopes for $130,521,003)
Contract type
CONSTRUCTION
Contract term
Notice to Proceed on or after June 10, 2026; Substantial Completion Phase 1 by July 14, 2028; Substantial Completion Phase 2 by January 26, 2029; Final Completion by February 16, 2029
Renewal date
2029-02-16
Renewal
GMP is a cap on the Contract Sum subject to changes by formal Change Orders; contract time and price may be equitably adjusted for specified changes in laws and governmental cost escalations. No automatic renewal; completion-based contract with Final Completion scheduled for February 16, 2029.
Document type
Agreement
Source document
Edmonds School District Agreement Guaranteed Maximum Price Amendment 2026-06-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Edmonds School District?

Cornerstone General Contractors Inc was awarded this construction contract by Edmonds School District, as recorded on June 10, 2026. The contract value is $139,046,441 (Guaranteed Maximum Price, inclusive of prior Limited Notice to Proceed No. 1 for $8,525,438 and Amendment No. 1 – All Remaining Scopes for $130,521,003).

How much is the Cornerstone General Contractors Inc contract with Edmonds School District worth?

The Cornerstone General Contractors Inc contract with Edmonds School District is valued at $139,046,441 (Guaranteed Maximum Price, inclusive of prior Limited Notice to Proceed No. 1 for $8,525,438 and Amendment No. 1 – All Remaining Scopes for $130,521,003), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Edmonds School District Agreement Guaranteed Maximum Price Amendment 2026-06-10 (Agreement), dated June 10, 2026 from Edmonds School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cornerstone General Contractors Inc hold?

Cornerstone General Contractors Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Edmonds School District currently buying?

Explore Edmonds School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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