MSBA Awards $26.2M for New Carver Elementary School

November 18, 2015

State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (“MSBA”), and Maureen Valente, MSBA Chief Executive Officer, announced today that the MSBA Board of Directors voted to approve funding to replace the existing Carver Elementary School with a new facility on the current site. The District is authorized to receive a maximum grant of up to $26,203,752. One of the next steps is for the District and the MSBA to enter into a Project Funding Agreement, which will detail the project’s scope and budget, along with the conditions under which the Town will receive its MSBA grant.
 
“The plans for this project are the direct result of a collaborative partnership between Carver officials and the MSBA,” said Treasurer Goldberg. “We look forward to delivering an efficient, sustainable and cost-effective facility that will maximize local and state taxpayer resources while providing a 21st century building in which students can learn effectively.”
 
The new 112,278 square-foot school will be built based on a design enrollment of 750 students in Kindergarten through grade 5. The MSBA will contribute 59.47% of eligible costs toward the project. The current school suffers from deficiencies in major building systems including mechanical, electrical, plumbing and building envelope.
 
“The new Carver Elementary School will mean a better learning and teaching environment for area students and teachers,” said Chief Executive Officer Valente. “We are delighted to be partnering on this project.”
 
The MSBA partners with Massachusetts communities to support the design and construction of educationally appropriate, flexible, sustainable and cost-effective public school facilities. Since its 2004 inception, the Authority has made over 1,650 site visits to more than 250 school districts as part of its due diligence process and has made over $11.7 billion in reimbursements for school construction projects.