MSBA Announces Final Audit of 11 School Projects Totaling over $150M

February 14, 2018

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 eleven projects from eight school districts totaling over $150.9 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 final audits for three projects in the MSBA’s Core Program, two Accelerated Repair Program projects, which consist of the repair or replacement of roofs, windows and/or boilers, one project from the Science Labs Initiative project, one Model School Project, and four projects from the Green Repair Initiative program. The combined grant value of these audited projects is $150,902,982.

"We couldn’t have asked for a better success with these projects," Executive Director/Deputy CEO McCarthy said. "The completion of these eleven projects is a further testament to the success of the MSBA’s process of collaboration with Massachusetts school districts."

Below is the list of new program grants that received final audit approval at today's Board meeting:

District School Scope Total Project Budget Total Facilities Grant
Ayer-Shirley Ayer-Shirley Regional High School Addition/Renovation $56,543,765 $34,918,419
Cambridge Fletcher Maynard Academy Accelerated Repair Boiler $958,893 $371,366
Franklin Franklin High School New Construction -  Model School $103,513,848 $53,873,439
Haverhill Consentino Middle School Green Repair - Windows & Doors $1,780,141 $1,191,782
Haverhill John G. Whittier Elementary School Green Repair - Windows & Doors $1,271,303 $823,274
Haverhill Tilton Elementary School Green Repair - Roof $900,959 $572,829
Haverhill Walnut Square Elementary School Green Repair - Roof, Windows & Doors $1,007,358 $497,757
Holyoke William J. Dean Vocational Technical High School Science Lab Initiative Addition/Renovation $5,670,943 $4,120,214
Lynn Thurgood Marshall Middle School New Construction $92,000,000 $49,075,316
North Reading E. Ethel Little Elementary School Accelerated Repair Roof $1,735,774 $741,524
Southwick-Tolland Woodland Elementary School Addition/Renovation $9,500,873 $4,717,062
Totals   $274,883,857 $150,902,982

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 $13 billion in reimbursements for school construction projects.