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Norwalk reallocates $320,000 to cover contingency on Naramax school HVAC project
Summary
The committee approved reallocating $320,000 of city share funds from the Brookside HVAC project to provide contingency for the Naramax School HVAC replacement after higher-than-expected bids on multiple school projects that qualified for 60% state reimbursement.
The Finance & Claims Committee on July 10 authorized a $320,000 reallocation of city capital funds from the Brookside HVAC project to the Naramax School HVAC contingency so the district can cover potential change orders as it proceeds with state-reimbursed HVAC replacements.
Alan Lowe, director of building management, said Norwalk submitted six school-HVAC projects to the state…
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