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4 <br /> Board of Selectmen <br /> Finance Committee/School Committee <br /> Minutes <br /> March 6, 2017 <br /> Discussion relative to the Quashnet School Door, Window and Roof Project: (continued) <br /> The project proposal was outlined as follows: <br /> Construction Cost Estimate: <br /> Windows and Doors $3,812,076 <br /> MAAB Accessibility $402,504 <br /> EFIS Replacement $668,981 <br /> Roof Replacement $4,300,432 <br /> Total Cost Estimate $9,183,993 <br /> Additional Assumptions: <br /> Feasibility Study $172,965 <br /> Administration $207,250 <br /> Engineering $423,109 <br /> Construction $9,183,993 <br /> Miscellaneous $15,000 <br /> Project budget $10,002,317 <br /> Contingency $475,566 <br /> Total Project Budget $10,477,884 <br /> MSBA Reimbursement $3,976,357 (reimbursement 37.95%) <br /> Overall Town share: $6,501,527 <br /> Town Committed $172,965 (expended for feasibility phase) <br /> School Committee $500,000 (appropriated) <br /> Town to Borrow $5,828,562 <br /> The following timeline was outlined; <br /> Application package submitted to the MSBA—March 15, 2017 <br /> Town Meeting to Appropriate Funding—May 1, 2017 (non-binding) <br /> MSBA to consider the project proposal—May 21, 2017 <br /> With MSBA approval, the remaining 70% of the design work to be completed <br /> Contract Award—November/December <br /> Production Schedule for Window—February <br /> Project to Proceed—April 2018 School Vacation <br /> Project Completion—November 2018 <br />