CONTRACTAWARDED

Town of Charlestown Awards Construction Contract to Gm Development Companies LLC (November 2026)

Town of Charlestown
Disclosed value
Not to exceed $2,800,000; guaranteed maximum price of $2,737,935.25
From agendapacket
Awarded
Nov 4, 2026
Term
BOT Agreement dated November 5, 2025

The 30-second brief

What it covers

Charlestown awarded GM Development Companies, LLC a build-operate-transfer agreement for The Commons and Short Street Parklet Project. The Council authorized a project amount not to exceed $2.8 million, with a negotiated guaranteed maximum price of $2,737,935.25.

Who holds it

Gm Development Companies LLC holds this construction contract with Town of Charlestown. Its other public contracts on record include work for City of Charlestown and Martinsville Schools Metropolitan School District.

What happens next

Term as filed: BOT Agreement dated November 5, 2025.

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Contract details

Contract type
Construction
Amount
Not to exceed $2,800,000; guaranteed maximum price of $2,737,935.25
Document date
November 4, 2026
Term
BOT Agreement dated November 5, 2025
Source document
City of Charlestown AgendaPacket Redevelopment Commission Meeting 2026-11-04 (AgendaPacket)

Gm Development Companies LLC's other public contracts

More Town of Charlestown contracts

Questions about this contract

Who was awarded the construction contract by Town of Charlestown?

Gm Development Companies LLC was awarded this construction contract by Town of Charlestown, as recorded on November 4, 2026. The contract value is Not to exceed $2,800,000; guaranteed maximum price of $2,737,935.25.

How much is the Gm Development Companies LLC contract with Town of Charlestown worth?

The Gm Development Companies LLC contract with Town of Charlestown is valued at Not to exceed $2,800,000; guaranteed maximum price of $2,737,935.25, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Charlestown AgendaPacket Redevelopment Commission Meeting 2026-11-04 (AgendaPacket), dated November 4, 2026 from Town of Charlestown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Gm Development Companies LLC hold?

Gm Development Companies LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Charlestown currently buying?

Explore Town of Charlestown's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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