Finance Committee - Part 2 12/03/2025

Needham Finance Committee · December 4, 2025

0:00/1:15

1:15:24

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40:00

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1:15:24

Opening question: when will cost numbers be refreshed and which estimate to use

Discussion

0:02 → 1:04(1m 2s)

Speaker 2 asked when the next refresh of the project cost estimates will be available and which of two presented numbers should be used for the committee's projections; Speaker 1 said a practical starting point is the average of the two and that a firm update would come with schematic design.

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Speakers:

Finance committee discussion of the Pollard school project focused on which cost estimate to use for town projections, MSBA reimbursement rates and schedule (PSR/PSR-to-schematic milestones), CMR procurement, geotechnical unknowns at Pollard, design tradeoffs (options 5D vs 5E) and outreach/timeline toward Town Meeting.

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Transcript

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