The Springville-Griffith Institute School District will get a lot of bang for its buck when the School Board awards contracts for the district's $9.4 million capital building project next month.
"We had some very good bids," Springville Business Administrator Darrin Kenney told the School Board on Wednesday.
Kenney said the administration had budgeted $8.1 million for construction costs. If the School Board awards the base and alternate contracts for the project, the combined total will be $7.8 million, he said.
This leaves the district with almost $400,000 in contract reserve funds."We have confidence in the 2.9 percent contract reserve," Kenney said.
He recommended that the School Board defer awarding any contracts until its Nov. 14 meeting so trustees can analyze the figures and compare the project's scope to its original intent.
Last year, many school districts in New York State took advantage of the state Education Department's incentive program, which allows substantial aid packages for districts that plan school upgrades. These school districts were eager to take advantage of the large reimbursement rates offered by the Education Department.
When the district's project approval stalled this spring, it appeared as though the district would miss its prime advertising time for bidding on the project.
"In a way, it worked out to our favor," Kenney told the board. "There has been a lull in bids. The contractors are very happy to be able to lock up things now," Kenney said.
The base building project includes plans for a media center and science lab addition, as well as auditorium renovations and roof repair at the high school. The elementary schools will receive roof repairs, and the boilers at the middle school will be converted from electric to gas.