MSBA Announces Final Audit of 13 School Project Totaling over $74M

BOSTON - State Treasurer Deborah B. Goldberg, Chair of the Massachusetts School Building Authority ("MSBA"), and John K. McCarthy, MSBA Executive Director/Deputy CEO, announced today that the MSBA Board of Directors has approved final audits for thirteen projects from 8 Districts totaling over $74 million in grants from the MSBA. The final audit stage is the last step in the MSBA building process and represents the successful completion and closeout of these projects.

"Every project undertaken by the MSBA is a step toward creating the 21st century learning environment that all Massachusetts students deserve," Treasurer Goldberg said. "We are delighted to have made these important investments in Massachusetts schools."

The Board approved the project from the MSBA's Accelerated Repair Program, which consist of repair or replacement to roofs, windows/doors and/or boilers. The total grant value of the audited project was $74,176,202.

"Approval of the final audits brings these vitally-needed projects to a successful conclusion, which benefits students all across the Commonwealth," said Executive Director Jack McCarthy.

Below are the projects that received final audit approval at today's Board meeting:

District School Scope Total Project Budget Total Facilities Grant
Granby West Street Core Program $32,390,430 $16,444,913
Peabody J. Henry Higgins Middle School Core Program $86,632,318 $38,723,527
Quincy Atherton Hough Accelerated Repair $967,121 $473,659
Beechwood Knoll Elementary School Accelerated Repair $723,785 $446,341
Merrymount Accelerated Repair $994,133 $596,455
Wollaston School Accelerated Repair $856,976 $528,621
Taunton Edmund Hatch Bennett Accelerated Repair $4,749,008 $1,925,410
Joseph H Martin Accelerated Repair $6,667,292 $3,134,245
Wayland Loker School Accelerated Repair $1,890,000 $575,434
West Bridgewater Howard School Accelerated Repair $383,630 $187,541
Westborough Sarah W. Gibbons Middle School Core Program $26,678,734 $10,280,548
Weymouth Thomas W. Hamilton Primary School Accelerated Repair $1,185,006 $440,704
Wessagusset Accelerated Repair $1,176,706 $418,804
Totals   $165,295,139 $74,176,202

The MSBA partners with Massachusetts communities to support the design and construction of educationally-appropriate, flexible, sustainable, and cost-effective public school facilities. Since its 2004 inception, the Authority has made over 1,750 site visits to more than 250 school districts as part of its due diligence process and has made over $14.6 billion in reimbursements for school construction projects.