The MSBA has compiled the following information to provide general cost data for MSBA-funded school projects which have reached the design and construction phases. The data is intended for informational purposes only. The data may have changed since its publication as a result of contract amendments or other project variations.
Cost Data
School Construction Costs Chart
This chart includes construction costs for new construction projects as bid beginning in FY09, as well as construction cost estimates at preferred schematic and at schematic design for projects recently approved by the Board. Additionally, the chart provides an inset with a closer look comparing the schematic design estimates to the bids received in the past 36 months. Common economic indicators are included at the bottom of the chart.
Designer Construction Cost Chart
The Designer Construction Cost Chart includes projects approved by the MSBA Board of Directors between January 1, 2019, and December 31, 2023, and is based on reconciled construction budgets submitted by districts at the conclusion of schematic design. The direct construction costs per square foot above includes estimated direct building costs plus the applicable portion of the design and pricing contingency. The following is not included in the direct building cost: Special Construction, demolition, hazardous materials abatement, sitework, subcontractor bonds, insurance, general conditions, overhead and profit, GMP fee, GMP contingency, escalation to mid-point of construction, and alternates, if applicable.
Designer and OPM Fees at Schematic Design
These reports provide information regarding architectural/engineering fees and owner’s project manager fees at Schematic Design for various school types (Elementary, Middle, Middle/High, and High Schools). Results are listed for projects whose estimated construction start date is January 2014 or later, whose Project Funding Agreement has been executed, and whose Districts have entered the executed Project Funding Agreement budgets into the MSBA system.
These reports provide information regarding architectural/engineering fees and owner’s project manager fees at Schematic Design for various school types (Elementary, Middle, Middle/High, and High Schools). Results are listed for projects whose estimated construction start date is prior to January 2014, whose Project Funding Agreement has been executed, and whose Districts have entered the executed Project Funding Agreement budgets into the MSBA system.
Estimated Construction & Total Project Cost Data at Schematic Design
These reports provide information regarding estimated construction & total project cost data at Schematic Design for various school types (Elementary, Middle, Middle/High, and High Schools). Results are listed for projects approved by the MSBA Board of Directors whose estimated construction start date is January 2014 or later.
These reports provide information regarding architectural/engineering fees and owner’s project manager fees at Schematic Design for various school types (Elementary, Middle, Middle/High, and High Schools). Results are listed for projects approved by the MSBA Board of Directors whose estimated construction start date is prior to January 2014.
Bid Results for Awarded Construction Contracts with Executed Project Funding Agreement Amendments
These reports provide bid results for school construction contracts involving various school types (Elementary, Middle, Middle-High and High Schools) that have been awarded and for which an amendment to the associated Project Funding Agreement has been executed to incorporate the bid results. Results are listed for projects whose bids were awarded January 2014 or later, and whose Districts have entered final budgets into the MSBA system.
These reports provide bid results for school construction contracts involving various school types (Elementary, Middle, Middle-High and High Schools) that have been awarded and for which an amendment to the associated Project Funding Agreement has been executed to incorporate the bid results. Results are listed for projects whose bids were awarded prior to January 2014, and whose Districts have entered final budgets into the MSBA system.
