Project Cost

Total Cost of the Bond Issue: $112,000,000

*Total cost of all projects is $124,645,829. BPS will be using $12,645,829 of the District reserves.

0.0 Cent Tax Rate Increase

Cost of the Project

Construction Cost   $97,664,070
Equipment/Furniture/Technology   $7,903,500
Architect/Engineering Fee   $5,134,314
Infrastructure (Internal and Paving Gravel on 180th Street)   $7,556,220
Jurisdictional/Utilities   $2,255,109
General Expenses   $714,373
Design Contingency (3.5%)   $3,418,242
Total Estimated Costs           $124,645,829    

 

Cost Reductions

There were 41 value engineering cuts made including:

  • Reduction of Square Footage
    •  12,000 sq ft
  • Material Changes
    • More Cost Effective Materials
  • Parking Lot Reduction
    • 300 Stall Reduction
  • Activity Facility Reductions
    • Seating, Scope, & Amenities

How did the construction cost price go down $1,914,237 from the 2024 bond?

Table showing cost reductions

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