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Committee told FF&E and technology estimate exceeds initial budget; plan to use contingency and state contracts
Summary
Assistant project manager reported current furniture, fixtures, equipment and technology estimates exceed original MSBA‑based budget by an amount the team expects to cover from soft‑cost and hard‑cost contingencies and by using state procurement contracts.
Holyoke's school building committee heard a financial update showing furniture, fixtures and equipment (FF&E) and technology estimates exceed the original budget and that project managers recommend using contingency funds to cover the difference.
Connor Palazzo, assistant project manager, told the committee that the current combined estimate for FF&E and technology is over the original budget and that the team currently estimates the overage at roughly $411,000. He said the project has about $630,000 in soft‑cost contingency and nearly $9 million in hard‑cost contingency…
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