MSBA Announces Final Audit of 6 School Projects Totaling over $39.2M

July 17, 2018

BOSTON - State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority ("MSBA"), and John K. McCarthy, MSBA Executive Director/Deputy CEO, announced today that the MSBA Board of Directors has approved final audits for six projects from six school districts totaling over $39.2 million in grants from the MSBA. The final audit stage is the last step in the MSBA building process and represents the successful completion and closeout of these projects.

"Every project undertaken by the MSBA is a step toward creating the 21st century learning environment that all Massachusetts students deserve," Treasurer Goldberg said. "We are delighted to have made these important investments in Massachusetts schools."

The Board approved the final audits for two projects in the MSBA’s Core Program, three projects in the Accelerated Repair Program, which consist of the repair or replacement of roofs, windows/doors and/or boilers, and one in the feasibility study phase for a prospective project. The combined grant value of these audited projects is $39,252,545.

"Approval of the final audits brings these vitally-needed projects to a successful conclusion, which benefits students all across the Commonwealth," said Executive Director Jack McCarthy.

Below is the list of new program grants that received final audit approval at today's Board meeting:

District School Scope Total Project Budget Total Facilities Grant
Andover Bancroft Elementary School New Construction $50,299,859 $15,837,200
Brockton Barret Russell Elementary School Accelerated Repair - Windows and Doors $2,029,821 $1,105,363
Clarksburg Clarksburg Elementary School Feasability Study $295,000 $176,899
Falmouth Lawrence Middle School Accelerated Repair - Windows and Doors $3,947,636 $1,197,756
Leominster Johnny Appleseed Elementary School Accelerated Repair - Roof, Windows & Doors $3,878,682 $1,319,043
Southwick-Tolland-Granville Southwick-Tolland Regional High School Addition/Renovation $36,032,893 $19,616,284
Totals   $96,483,891 $39,252,545

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 1,750 site visits to more than 250 school districts as part of its due diligence process and has made over $13.2 billion in reimbursements for school construction projects.