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October Prop S Update

Prop S - Project Manager Jeremy Boettler gave a Prop S update, again reiterating ongoing challenges facing the construction industry, including high demand, labor shortages, inflationary material costs and COVID-related delays in the steel and aluminum industries, which impact project timelines and budgets. Boettler also shared that the facilities advisory committee has been proactively re-evaluating and prioritizing projects, with the goal of providing the greatest possible value for the District at the lowest possible cost in a difficult market.

Boettler said four additional security vestibule projects are scheduled for completion over fall break and construction on the new Francis Howell North is moving along well. The Guaranteed Maximum Price, or GMP, for the Francis Howell North project will be presented at a Board meeting in the near future. It is expected to come in higher than previously expected for the reasons noted above concerning the construction industry.

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Stephen Johnson, Treasurer
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