0445-416 John Still K-8 Modernization

The John Still K‑8 Modernization project is a lease‑leaseback (LLB) construction contract for the renovation and expansion of the John Still school campus in Sacramento. The LLB Entity is responsible for pre‑construction services (design coordination, value engineering, cost estimating, early procurement, and bidding), the construction of a full suite of campus upgrades (exterior/interior painting, classroom flooring, ADA restroom upgrades, security cameras, site‑access improvements, a new unified administration building, pathways, landscaping, play fields, fencing, and partial utility replacement), and a 12‑month post‑construction lease‑back operation. The District provides a Total Base Rent ceiling of approximately $20 M, with the contractor’s overhead/profit capped at 5.5 % of direct construction costs. The contract also incorporates mandatory compliance with California prevailing‑wage, apprenticeship, DVBE, and Project Labor Agreement requirements. • Pre‑construction period runs 06/22/2026 – 03/12/2027; construction is scheduled 03/15/2027 – 12/31/2027. • Post‑construction lease period runs 01/01/2028 – 01/01/2029, with monthly lease payments tied to construction cash‑flow. • The award went to CORE Construction, which will manage all trades, meet local‑business (20 %) and DVBE (3 %) participation goals, and provide the required bonds, insurance, and financing.