PIERRE, S.D.(Press Release) –On Friday, the joint venture to build the new prison, composed of Henry Carlson Construction, LLC and JE Dunn Construction Group, announced a commitment to a guaranteed maximum price (GMP) of $650 million for the new men’s prison in Sioux Falls. They made this commitment in a letter to Governor Rhoden and legislators, which you can find here.
“This letter will serve as our commitment to a Guaranteed Maximum Price of our construction portion of the $650 million Total Project Cost for the planned construction of a 1488 (+/-) bed correctional facility at the Benson Road Site built to achieve a 100-year life expectancy,” wrote the joint venture. “This commitment is earlier than our original contract requires, but out of respect for the Legislature, it is important to us to give you this commitment.”
The question of a GMP has been the most frequently asked question by legislators in the run-up to next week’s special session.
“I am thankful that the joint venture listened to this concern from legislators and adjusted their plans accordingly,” said Governor Larry Rhoden. “With this issue put to rest, I am hopeful that we can get this project across the finish line and pivot to the work of the Correctional Rehabilitation Task Force.”
Earlier this week, Governor Rhoden announced plans to create a Correctional Rehabilitation Task Force following the passage of the new prison during the special session.
You can find answers to Frequently Asked Questions about the prison planhere.
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