MSBA Announces $3.5M Approval for Provincetown Schools

September 30, 2015

State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (“MSBA”), and MSBA Executive Director Jack McCarthy announced today that the MSBA Board of Directors voted to approve funding for renovations and repairs at the Provincetown Schools facility. The District is authorized to receive a maximum grant of up to $3,551,731. 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 Provincetown 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 top-notch location in which students can learn effectively.”

The project will improve major building systems including roof, windows and HVAC at the 62,645 square foot school. The MSBA will reimburse 50.68% of eligible expenses toward this $7,310,550 project. The Provincetown Schools facility was built in 1931.

“The renovations at the Provincetown Schools facility will mean a better learning and teaching environment for area students and teachers,” said Executive Director McCarthy. “We are delighted to be partnering in 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 1,600 site visits to more than 250 school districts as part of its due diligence process and has made over $11.5 billion in reimbursements for school construction projects.