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UW Trustees Approve Maximum Price for Football Stadium Enhancement Project
February 13, 2009 — The University of Wyoming Board of Trustees today (Friday) approved a guaranteed maximum price (GMP) on a War Memorial Stadium enhancement project that includes construction of suites and other enhancements.
The trustees approved a GMP of $22,349,310, as presented by the project's construction manager-at-risk (CMAR), Sampson Construction. Establishing a GMP ensures the costs of the project will not exceed the agreed-upon price. The approval allows the CMAR to start on portions of the project while the architect completes the construction documents on other portions, said Phill Harris, UW vice president for administration.
The goal is to complete lower stadium restrooms and concessions in time for the fall, 2009 football season. Completion of the entire project is scheduled for fall 2010.
The project includes 10 suites with 12 fixed and four bar stool seats each, president's and athletics director's suites with 30 seats each, an interior club lounge and enclosed club seating for 260. The projected budget for construction of the new suites and club, lower concourse renovations and repairs to the upper and lower east stadium is $22,528,200.
The project, part of the Athletics Strategic Plan, is funded with private donations matched with state appropriations and an allocation of deferred maintenance funds for the repairs and Americans with Disabilities Act improvements to the upper and lower stadium sections.
Posted on Friday, February 13, 2009