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School building committee reports lowering of construction estimate; MSBA decision still pending
Summary
The school building committee said schematic-design construction costs were revised down (from roughly $133.5M to about $129M) due primarily to reduced contingencies, but total project costs remain substantial; the committee awaits an MSBA decision expected Dec. 12.
The Milton School Building Committee told the School Committee on Dec. 4 that the schematic-design construction estimate for the proposed school project was revised downward since July, largely because contingency amounts were reduced as unknowns were clarified. The committee’s presenter said the construction estimate moved from roughly $133.5 million in July to just under $129 million in the updated estimate; when…
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