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Prosper ISD approves $30.83 million GMP to complete Reynolds Phase 4 renovations

January 22, 2026 | PROSPER ISD, School Districts, Texas


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Prosper ISD approves $30.83 million GMP to complete Reynolds Phase 4 renovations
The Prosper ISD Board of Trustees approved a guaranteed maximum price (GMP) of $30,831,927 for Reynolds Phase 4 renovations on Jan. 20 after an administration presentation describing the scope and contingencies.

Mr. Pearson, the project presenter, described work included in Phase 4: renovation of the administrative suite (walls, ductwork, finishes), completion of the 400 (science) wing including new casework and RTUs, completion of the roof, library renovation including new finishes and offices, an addition with a canopy at a pickup/drop-off area, and exterior site work such as a new bus loop, decorative concrete and landscaping. The presentation identified an alternate for drainage mitigation priced at $432,000 to reroute ponding away from the football field into storm lines. The presenter also said the GMP includes an allowance to address unforeseen underground slab plumbing in portions of the building discovered during renovation work.

Board action: A motion "to approve the GMP for Reynolds phase 4 as presented by the administration for total of $30,831,927" was moved and seconded. The board recorded four votes in favor and one opposed; the motion carried 4-1.

Why it matters: The approved GMP moves the district closer to completing the final phase of renovations at Reynolds, addressing both building interior upgrades and site drainage issues the presenter said were creating ponding near the football field. The presentation emphasized completing the phase to 100% so the school functions as intended.

Details and contingencies: The presentation noted common renovation risks such as unforeseen existing conditions (the underground slab plumbing) and included allowances to remediate those conditions. The board did not record the identity of the dissenting vote in the public portion of the transcript.

Next steps: Administration will proceed under the approved GMP and manage allowances and alternates as required to complete Phase 4.

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