PRHS's $36 Million Expansion/Renovation Project Coming in Under Budget
The Pine-Richland High School project is estimated to cost about $216,000 less than expected.
Nearly all the bills have been paid for the $35.9 million expansion/renovation project for Pine-Richland High School and the projected final tally shows the project will come in at about $216,000 under budget.
That is what Assistant Finance Director Ryan Manzer told the Pine-Richland School Board on Monday night.
The numbers reflect savings on financing costs and furniture plus the remaining construction contingency, according to documents provided to the board.
Here is a summary of overall costs. For more details, click on the PDF of project costs in the photo box to the right.
|PRHS EXPANSION PROJECT||Original||Projected||Projected|
|as of 12/31/2012||Budget||Costs||Variance|
|Pre-Construction / Construction||$3,698,444||$4,266,666||(568,222)|
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