MSBA Announces Final Audit of 5 School Projects totaling over $51M

MSBA Announces Final Audit of 5 School Projects totaling over $51M

BOSTON—State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority (“MSBA”), and Mary L. Pichetti, MSBA Executive Director/Deputy CEO, announced today that the MSBA Board of Directors has approved final audits for 5 projects, totaling over $51 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 projects from the MSBA’s Core Program and Accelerated Repair Program. The combined grant value of the 5 audited projects was $51,192,918. 

“Approval of the final audits brings these vitally needed projects to a successful conclusion, which benefits students all across the Commonwealth,” said Executive Director Mary Pichetti.

Below are the projects that received final audit approval at today's Board meeting:

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 approved 1,116 projects and has made over $17.4 billion in reimbursements for school construction projects across the Commonwealth.