MSBA Announces Final Audit of 10 School Projects Totaling over $161.6M

August 23, 2017

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 ten projects from nine school districts totaling over $161.6 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 four projects in the MSBA’s Core Program and six Accelerated Repair Program projects, which consist of the repair or replacement of roofs, windows and/or boilers. The combined grant value of these audited projects is $161,644,294.

"We couldn’t have asked for a better success with these projects," Executive Director/Deputy CEO McCarthy said. "The completion of these ten projects is a further testament to the success of the MSBA’s process of collaboration with Massachusetts school districts."

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
Fairhaven Hastings Middle School Partial Roof $717,721 $341,410
Gill-Montague Sheffield Elementary School Windows/Doors $1,116,764 $745,473
Hingham Hingham Middle School Model School $58,414,481 $23,553,891
Hudson John F. Kennedy/Quinn Middle School New Construction $44,102,592 $23,174,920
Hudson Mulready Elementary School Partial Roof $1,499,558 $622,318
Marshfield Marshfield High School New Construction $101,630,087 $46,887,500
Medford Medford High School Boiler $2,409,488 $1,026,109
Southern Berkshire Mt. Everett Regional High School Boiler/Roof $7,741,013 $2,040,682
Tyngsborough Tyngsborough High School Boiler/Roof $4,074,418 $1,323,727
West Springfield West Springfield High School Model School $104,767,085 $61,928,264
Totals   $326,473,207 $161,644,294

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 $12.7 billion in reimbursements for school construction projects.