With a price cap proposed, North Stonington school building project on track to break ground in February

Over a year and a half after the town approved a $38.5 million project to renovate the town’s schools, the project is nearing the end of its planning stage and town officials expect to break ground next month. The proposed GMP of $33,875,455 is lower than the maximum approved in the resolution the town passed back in May 2016. If the board approves the maximum price, the town will then deliver that price to U.S. Department of Agriculture’s rural loan program for loan approval. If USDA approves it, the town will then award bids, and Downes Construction Co. will mobilize and move toward breaking ground around Feb. 15.

http://www.theday.com/local-news/20180114/with-price-cap-proposed-north-stonington-school-building-project-on-track-to-break-ground-in-february

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