AIRPORT AUTHORITY SETS MAXIMUM COST FOR CONSTRUCTION OF NEW PASSENGER TERMINAL
The Burbank-Glendale-Pasadena Airport Authority (BGPAA) has unanimously approved a guaranteed maximum price (GMP) of $1.11 billion for the design and construction of the airport’s replacement passenger terminal. “The GMP is in line with projections and the result of many years of hard work,” says Felicia Williams, President of the BGPAA. “Collaboration between the cities, staff,…