25-07 Hensel Phelps GMP Amend. 1 IncreasesContract

Texas Tech University has entered into a Construction Manager-at-Risk Cost-Plus Guaranteed Maximum Price agreement with Hensel Phelps Construction Co. for the TTU Reese National Security Complex Critical Infrastructure Security Site Phase 1. This project, identified by solicitation number F26-25-07-AA2-CMR, involves critical infrastructure security services. The contract term is established from October 16, 2026, through September 14, 2028. The financial scope of the engagement has evolved through amendments, with an estimated maximum contract amount of 14,031,925.00. Documentation indicates various reporting values, including a specific amendment value of 4,677,308.00 and an initial agreement value of 245,000.00. The project is managed under the state organization type and is subject to Legislative Budget Board reporting requirements.