Board Meeting June 24, 2020 www.MassSchoolBuildings.org Table of - PowerPoint PPT Presentation

Massachusetts School Building Authority Deborah B. Goldberg, State Treasurer and Receiver-General James MacDonald Jack McCarthy Chairperson Chief Executive Officer Executive Director Board Meeting June 24, 2020 www.MassSchoolBuildings.org

Table of Contents Project Votes Finance Update ▪ Amendment to Feasibility Study Agreement | Vote ▪ Sales T ax Collection | Update ▪ Authorization to Execute Project Funding Agreement – ▪ Grant Payments | Update ▪ Recommendation to Execute MSA for Enterprise Resource Accelerated Repair Program | Vote ▪ Recommendation for Preferred Schematic Design | Vote Planning (“ERP”) System Implementation | Vote ▪ Invitation to Project Scope and Budget | Vote ▪ FY20 Budget Update and FY21 Budget Recommendation | Vote Audit Update Legal ▪ Audit Status Report ▪ Approval of Final Audits with no appeals, Capital Pipeline Program MSBA grants | Vote Executive Session MSBA Updates ▪ Executive Director’s Report ▪ Project Status ▪ Reconciliation of Project Obligations and Annual Cap | Update ▪ Recommendation to Execute Master Services Agreements for Commissioning Consultants | Vote ▪ Project Overview Report 2 www.MassSchoolBuildings.org

Project Votes www.MassSchoolBuildings.org 3

Amendment to Feasibility Study Agreement | Vote District School Fitchburg Crocker Elementary School 4 www.MassSchoolBuildings.org

Authorization to Execute PFA - ARP | Vote Total Estimated Project Maximum Total District School Scope Budget Facilities Grant Curley K-8 School Partial Roof $1,674,845 $846,313 Boston Mary K. Lyon High School Boiler $1,942,102 $1,073,045 William McKinley School Roof $3,433,660 $1,847,842 Brockton Huntington Alternative School Roof $2,942,058 $2,084,612 Monson Quarry Hill Community School Roof $5,138,422 $2,926,906 Quabbin Regional Hubbardston Center School Roof $2,969,746 $1,583,521 School District Forestdale School Boiler $1,880,075 $749,362 Sandwich Oak Ridge School Boiler $1,878,947 $748,774 Frederick Harris School Boiler $1,866,410 $1,307,995 Springfield Indian Orchard Elementary School Partial Boiler $945,773 $693,102 Sumner Avenue School Partial Boiler $979,851 $718,117 Weymouth Ralph T albot Primary School Boiler $1,275,396 $578,543 Totals $26,927,285 $15,158,132 5

Schematic Design Submission Extension – Accelerated Repair Program Recommended Schematic Design Reason for Extension for Additional District School Submission Due Date Extension Submission of Schematic Days Design Acushnet Coordination delays Acushnet May 6, 2020 July 8, 2020 63 days Elementary School due to COVID-19* * Due to the COVID-19 public health crisis, the Town of Acushnet experienced delays relating to the preparation of the Schematic Design submission. Due to these delays, the Town has requested an extension of 63 days, so that they may submit their Schematic Design on July 8, 2020 for consideration at the August 26, 2020 MSBA Board Meeting. 6

Funding Vote Extensions – Accelerated Repair Program 90-day PFA Board Reason for Proposed Vote Recommended Additional District School(s) Funding Approval Extension Date Extension Days Expiration Funding approval East Central February 13, 2020 May 14, 2020 postponed due to June 23, 2020* July 10, 2020 60 days Bridgewater Elementary School COVID-19 Forestdale Due to local Elementary School Anticipated June 24, September 22, December 31, appropriation Sandwich January 10, 2021 110 days 2020 2020 2020** Oak Ridge schedule Elementary School Funding approval Greenwood Wakefield February 13, 2020 May 14, 2020 postponed due to June 20, 2020* July 10, 2020 60 days Elementary School COVID-19 May 14, 2020 Funding approval Loker Elementary September 8, Wayland February 13, 2020 extended to July postponed due to TBD*** 60 days School 2020 10, 2020 COVID-19 * East Bridgew ater and Wakefield require extensions as a result of Tow n Meetings that w ere postponed due to COVID-19 and ultimately rescheduled for dates beyond their 90-day funding expiration. ** As noted in the June 24, 2020 Board Memorandum, the Tow n of Sandw ich requests an extension of up to 110 days beyond the 90-day deadline, to January 10, 2021, to allow sufficient time to complete the local vote. The District has requested the extension due to the local appropriation schedule. *** The Tow n of Wayland previously received a 60-day extension to obtain local funding. On June 9, 2020, the Tow n held an electi on during w hich the required debt exclusion for the Loker Elementary School Project as passed. The subsequent Tow n Meeting is anticipated to be held in August or early September 2020, but a new date has not yet been confirmed. The District w ill require an additional extension as their current funding deadline expires on July 10, 2020. 7

Preferred Schematic Design | Vote Estimated Estimated Total Project District School Total Project Costs Scope Construction David Mindess Ashland New $67,355,042 $84,100,000 Elementary School Groton-Dunstable Regional School Florence Roche School New $60,984,827 $77,005,924 District Lawrence Oliver Partnership School Add/Reno $104,796,990 $131,783,639 Somerset Somerset Middle School New $68,128,992 $86,300,000 Totals $301,265,851 $379,189,563 www.MassSchoolBuildings.org 8

Preferred Schematic Design | Ashland David Mindess Elementary School ▪ Year Opened: 1954 ▪ Current Grade Configuration: 3-5 ▪ Agreed Upon Grade Configuration: 3-5 ▪ Agreed Upon Enrollment: 635 students ▪ Proposed Scope of Project: New Construction on the existing site ▪ Existing Square Footage: 100,375 GSF ▪ Proposed Square Footage: 104,900 GSF ▪ Estimated T otal Construction Cost of Preferred Schematic: $67,355,042 www.MassSchoolBuildings.org 9

Preferred Schematic Design | Groton- Dunstable Regional School District Florence Roche School ▪ Year Opened: 1951 ▪ Current Grade Configuration: K-4 ▪ Agreed Upon Grade Configuration: K-4 ▪ Agreed Upon Enrollment: 645 students ▪ Proposed Scope of Project: New Construction on the existing site ▪ Existing Square Footage: 69,468 GSF ▪ Proposed Square Footage: 111,720 GSF ▪ Estimated T otal Construction Cost of Preferred Schematic: $60,984,827 10 www.MassSchoolBuildings.org

Preferred Schematic Design | Lawrence Oliver Partnership School* ▪ Year Opened: 1917 ▪ Current Grade Configuration: 1-5 ▪ Agreed Upon Grade Configuration: K-8 ▪ Agreed Upon Enrollment: 1,000 students ▪ Proposed Scope of Project: Addition/Renovation ▪ Existing Square Footage: 69,157 GSF ▪ Proposed Square Footage: 160,081 GSF ▪ Estimated T otal Construction Cost of Preferred Schematic: $104,706,990 * MSBA staff also recommend that the Executive Director be authorized to extend the term of the District’s Feasibility Study Agreement by eight months, from its original date of August 15, 2020 to April 30, 2021. www.MassSchoolBuildings.org 11

Preferred Schematic Design | Somerset Somerset Middle School ▪ Year Opened: 1965 ▪ Current Grade Configuration: 6-8 ▪ Agreed Upon Grade Configuration: 6-8 ▪ Agreed Upon Enrollment: 590 students ▪ Proposed Scope of Project: New Construction on the existing site ▪ Existing Square Footage: 126,980 GSF ▪ Proposed Square Footage: 131,900 GSF ▪ Estimated T otal Construction Cost of Preferred Schematic: $68,128,992 www.MassSchoolBuildings.org 12

Project Scope and Budget | Vote Estimated Project Total Project Maximum Total District School Scope Budget Facilities Grant Springfield William N. Deberry School New $95,051,267 $52,962,759 Totals $95,051,267 $52,962,759 www.MassSchoolBuildings.org 13

Project Scope and Budget | Springfield William N. Deberry School ▪ Year Opened: 1951 ▪ Current Grade Configuration: K-5 ▪ Agreed Upon Grade Configuration: PK-5 ▪ Agreed Upon Enrollment: 800 students ▪ Scope of Project: New Construction that consolidates students from the existing Deberry and Homer Street Elementary Schools on the site of the existing Deberry Elementary School ▪ Existing Square Footage: 43,969 GSF ▪ Proposed Square Footage: 155,990 GSF ▪ District Total Project Budget: $95,051,267 ▪ Estimated Basis Total Facilities Grant: $66,441,809 ▪ Reimbursement Rate*: 80.00% ▪ Estimated Maximum Total Facilities Grant: $52,962,759 * By statute, 80.00% is the District’s maximum reimbursement rate and the District’s base reimbursement rate is 80.00% before applying any incentive points. Therefore, the District is not eligible to receive any incentive points as the base reimbursement rate results in a maximum reimbursement rate of 80.00%. www.MassSchoolBuildings.org 14

Audit Update ▪ Audit Status Report ▪ Approval of Final Audits with no appeals, Capital Pipeline Program MSBA grants | Vote www.MassSchoolBuildings.org 15

Audit Status Update Today’s Vote Capital Pipeline Program Projects Estimated Costs Currently Have Remaining Completed Projects Executed FSA and PFA 539 1 239 Approx. $6.14 billion of costs $3.7 billion of $ 3.9 billion of costs submitted and audited costs submitted and audited to be submitted* *Estimated based on Total Project Budgets from executed funding agreements and submitted costs as of June 17, 2020. www.MassSchoolBuildings.org 16