Guilford County
File #: 2023-150    Version: 1 Name:
Type: New Business Status: Reported to Council
File created: 12/28/2022 In control: Board of Commissioners Work Session
On agenda: 1/5/2023 Final action: 1/5/2023
Title: GUILFORD COUNTY SCHOOLS (GCS) CAPITAL PROJECTS PRESENTATION
Attachments: 1. 22.01.05 - GCS Bond Projects Summary-ADOPT.pdf
Related files: 2021-191
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

TITLE

Title

GUILFORD COUNTY SCHOOLS (GCS) CAPITAL PROJECTS PRESENTATION

end

 

SPONSOR

Sponsor

Dr. Whitley Oakley, GCS Superintendent (Tara Trexler, GCS Chief Financial Officer)

end

 

BACKGROUND

Background

Guilford County Schools (GCS) will provide a presentation on revisions to existing project ordinances and seek approval of twelve (12) new project ordinances totaling $92,000,000. GCS will provide a presentation to explain increases in project ordinances for the following projects previously approved by the Guilford County Board of Commissioners on April 15, 2021:

 

                     Kiser Middle School  +$26,188,759

                     Claxton Elementary School +$19,043,631

                     Brooks Global Studies  +$16,850,630

                     Peck Expeditionary Learning School  +$37,783,245

                     Foust Gaming & Robotics School  +$28,603,392

                     Hampton/Peeler K-5 VPA  +$35,870,365

The presentation will provide additional information on how the following factors influencing increases in project costs, including:

 

                     Increase in construction costs due to inflation/supply chain/labor

                     Increases in construction costs due to additional square footage in project design

                     Implementation of 21st century school design elements

                     Additional increases in contingencies

Current project revisions are based on cost estimates provided by Guilford County School’s contracted architectural/engineering firms. Actual costs will be available once the Construction Manager at Risk firms (CMARS) finalize the bid process and issue Guaranteed Maximum Prices (GMP) over the next four (4) months, which will provide more precise cost estimates.  Approving ordinance revisions now will provide more flexibility to GCS to enter into contracts as GMPs are received.  Staff will provide an update on received GMPs and may need additional revisions if GMPs exceed funding available in the project ordinance. 

end

 

REQUESTED ACTION

Requested Action

Receive an update from Guilford County Schools on capital project ordinance requests.

end