Committee reviews comparable MSBA projects and reimbursement expectations (~52%)
Summary
Staff reviewed similar MSBA-funded projects from 2021–2023 and said MSBA has covered about 52% of construction costs on comparable projects; committee discussed adjusting 2023 figures for inflation when estimating feasibility funding.
Staff member reviewed MSBA-funded comparables (Levenshark K–5, Marlborough, Springfield, Framingham) and said those projects give a sense of likely cost-sharing. "Task projects have been about 52%," the Staff member said, indicating typical MSBA reimbursement levels for similar efforts.
Committee members discussed inflation adjustments to 2023 numbers and whether elements of a prior feasibility study could be reused to reduce cost. Staff said some design items (traffic studies, site assessments) may not need repeating and could lower the eventual feasibility expense if confirmed by the appointed designer.
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