Dr. Scott Niven of Friends Consulting Group gave an update to Elementary No. 5 during the Aubrey ISD school board meeting on April 15.
He shared that with the guaranteed maximum price of $42,394,710 established at last month’s meeting.
“What that allowed us to do is start expediting contracts and buying out the contract,” Niven said. “They have a budget, and then we go through and start buying out, and so we ended up with 411 vendors on this job that had put a bid in for various parts of it. For the majority of it, the significant majority now is bought out.”
