Project Budget Set

February 2019

At the February 5 meeting, the Building Committee voted unanimously on a proposed project budget of $291M, a $17M reduction from the preliminary estimate of $308M last summer. The final budget was determined after a series of meetings and discussion about Value Engineering items that could be removed from the project.

Learn about:

• Official budget announcement
• Blog: Arriving at the final budget
• Value Engineering decisions

What’s Next:

• HMFH Architects will submit the Schematic Design to the MSBA later this month.
• MSBA will review the submission to determine the reimbursement grant from the MSBA and Arlington’s financial share of the project in mid-April
• Once the Schematic Design is approved, Arlington voters must approve a debt exclusion to pay for Arlington’s share of the project.  A June 11 special election is scheduled.

Tell me more:

• Blog: High School Benchmarks: We are not alone
• January Cost forum online
• Blog: Parmenter School Analysis
• Blog: Menotomy Preschool’s role in the district

What happened before this?

• January 2019 – Schematic Design update
• December 2018 – Schematic Design update
• November 2018 – Schematic Design progress
• see all