MSBA Announces Final Audit of 5 School Projects totaling over $122M

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 5 projects from 5 Districts totaling over $122 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, which consists of repairs or replacement to roofs, windows/doors and/or boilers. The combined grant value of the 5 audited projects was $122,230,615. 

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

District

School

Scope

Total Project Budget

Total Facilities Grant

Beverly

Briscoe Middle

Core Program

$110,709,753

$47,329,156

Bourne

Bourne High

Accelerated Repair

$2,111,209

$595,687

Danvers

Highlands

Accelerated Repair

$2,686,621

$1,317,369

Pittsfield

Taconic High

Core Program

$120,614,674

$72,086,570

Tantasqua

Tantasqua Regional Jr High

Accelerated Repair

$2,000,000

$901,833

Total:

$238,122,257

$122,230,615

 

 

 

 

 

 

 

 

 

 

 

 

 

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 $15.8 billion in reimbursements for school construction projects.