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School building committee approves fee amendments and allocates DD funds as MSBA approval advances project
Summary
The committee voted to allocate remaining feasibility OPM funds to design development, approve reimbursables and extra services, and authorize a multi‑million‑dollar fee amendment to take the project through closeout, as presenters outlined schedule, reimbursements and cash‑flow plans with the MSBA.
The school building committee voted to allocate leftover feasibility funds to design development and approved fee amendments and reimbursable items to carry the school construction project through closeout.
Speaker 5, a member of the school building committee, opened the meeting with an update on the Massachusetts School Building Authority (MSBA) process and noted the MSBA board had approved the project on the board’s recent meeting. "So that was good," Speaker 5 said, and added the project funding agreement and draft contract would be prepared for town council review.
Why it matters: the committee’s approvals shift the project from feasibility into active design development and establish the financial and staffing plan that will govern the next multi‑year phase, including reimbursement timing from the MSBA and the town’s borrowing schedule.
During the budget review, a project representative (Speaker 3) summarized feasibility‑phase balances and reimbursement…
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