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Collin College Awards Guaranteed Maximum Price Contract For Technical Campus Construction

June 28, 2018- Collin College recently awarded a Guaranteed Maximum Price (GMP) contract to McCarthy Building Companies, Inc. for the construction of the new Collin College Technical Campus using the construction-manager-at-risk delivery method. The contract was officially approved at the Board of Trustees meeting held on June 26.

McCarthy issued a GMP proposal for construction and related purposes of $138,874,801. The college is providing an owner’s contingency amount of $3,125,000, for a total GMP of $141,999,801 for construction of the Technical Campus. Construction is scheduled to be completed by June 25, 2020.

The 340,000-square-foot Collin College Technical Campus, which will be located in Allen, TX, is designed to offer workforce and academic programs in several areas including health science, information technology, logistics and transportation, architecture/construction, engineering technology/industrial automation and general education courses. Allen ISD is partnering with the college to expand academic dual credit opportunities for Allen ISD students at the Technical Campus. The Allen Economic Development Corporation is also partnering with the college on this project. 

 “We are pleased to approve this GMP contract with McCarthy for construction of the Technical Campus,” said Dr. Neil Matkin, Collin College district president. “We look forward to offering workforce classes to high school and traditional students and adding much-needed, highly-skilled employees into our local economy.”

Collin College serves more than 53,000 credit and continuing education students annually and offers more than 100 degrees and certificates. The only public college in the county, Collin College is a partner to business, government and industry, providing customized training and work force development. In addition, the college operates the Collin Higher Education Center, which serves 3,200 additional students each year in partnership with The University of Texas at Dallas, Texas Woman’s University, Texas A&M Commerce, Texas Tech and the University of North Texas.