Collin College awarded a Guaranteed Maximum Price (GMP) contract to JT Vaughn Construction, LLC for the construction of the new Farmersville Campus at last month’s Collin College Board of Trustees meeting,
Vaughn issued a GMP proposal for construction and related purposes of $21.9 million. The college is providing an owner’s contingency amount of $765,000 for a total GMP of $22.6 million. Construction is scheduled to be completed by Jan. 5, 2021.
Chad Engbrock • [email protected]