School board sets new school contract price
The contract price for Montgomery County’s new schools grew a little last week, but the overall price tag hasn’t changed, the schools spokeswoman said.
When the school board voted Tuesday to set a maximum price of $111,485,000 for construction of new Blacksburg and Auburn high schools and renovation of Auburn Middle School, it didn’t affect the overall $124.5 million expected price tag for the project, Brenda Drake Bowdel explained afterward.
That’s because setting the maximum price, a step laid out as part of the design process in the schools’ agreement with Branch & Associates, basically locks in certain amounts within the $124.5 million, Bowdel said.
The $111.5 million maximum construction price was up about $1.5 million, or less than 1 percent, from the amount set out in the initial phase of the agreement with Branch. The new price includes both the additional square footage that planners added to Blacksburg High and Auburn Middle schools since the first agreement, and also the demolition of the existing Auburn Middle School, which was not covered in the first agreement.
The board approved the new price with a 4-1 vote, with Drema Foster voting against the measure. Joe Ivers and Phyllis Albritton were not at the meeting.
The difference between the construction price and the $124.5 million limit set by county supervisors is planned for various factors, including contingency.
The Roanoke Times | 381-1669
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