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Putnam County oversight committee hears construction progress and questions over $60M contract figures
Summary
The Putnam County School District bond oversight committee received construction updates on Palatka Intermediate, Crescent City, Kelly Smith and Melrose projects, pressed for clearer contingency and general-conditions accounting, and was told that district direct-purchase orders (DPOs) change how the top-line contract number is reported.
The Putnam County School District bond oversight committee met Sept. 17 to review construction progress on its school-building program and to press staff and construction managers for clearer accounting of contract values, contingency and material purchases. The committee also set a follow-up meeting for Nov. 12.
Committee members questioned why some project summaries show a top-line contract value that appears larger than the expected cash outlay. "The original contract sum is $60,000,002.92," said the construction representative (speaker 5), adding that about $13,000,001 in direct-purchase orders—materials the district buys directly to realize sales-tax savings—are…
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