Northshore board to weigh cost increase for two elementary school expansions
The Northshore School District board was scheduled to consider raising the guaranteed maximum price for 2022 expansion work at Crystal Springs and Woodin Elementary Schools at its Oct. 14 meeting. 1
What the records say
In materials published ahead of the Oct. 14, 2024 meeting, the Northshore School District board's agenda listed an action item asking the board to approve an increase in the guaranteed maximum price (GMP) for the 2022 Expansion Project at Crystal Springs and Woodin Elementary Schools. 1 The item was listed as an action item, meaning the board was expected to vote on the request. 1 The agenda item noted that it contained an attachment with additional detail, but that attachment was not included in the supplied record, so the specific dollar amount of the proposed increase and the reasons for it are not available here. 1 Analysis: A guaranteed maximum price is the ceiling on what the district pays the contractor for construction work; if the project costs more than that ceiling, the contractor typically absorbs the overrun.
- The board's Oct. 14, 2024 agenda included an action item to consider a request to increase the guaranteed maximum price for the 2022 Expansion Project at Crystal Springs and Woodin Elementary Schools. 1
- The item was an action item, so the board was expected to vote on the request. 1
- The agenda item contained an attachment with more detail, but that attachment was not part of the supplied record. 1
Why it matters
Raising the guaranteed maximum price would mean the district expects to pay more for the expansion work at the two schools than originally capped, which affects how much the district spends on school construction and how the project is funded. [Analysis] The available records do not establish the meeting's outcome, so it is not known whether the board approved the increase. 1
What changed / what's next
- The proposed change was an increase in the guaranteed maximum price for the 2022 Expansion Project at Crystal Springs and Woodin Elementary Schools. 1
- The available records do not establish the meeting's outcome; the board may or may not have approved the increase. 1
- The attachment containing the specific increase amount and rationale was not supplied, so those figures remain unknown. 1