SUPTS. MEMO. NO. 143
September 19, 1997
||Richard T. La Pointe
Superintendent of Public Instruction
||Public School Buildings Put Under Contract Between
July 1, 1996 - June 30, 1997 With Individual and Average
Cost Data by School Type
Attached are: 1. A list of new public school projects put under contract in fiscal year 1996-97 with individual and average cost data by school types; 2. A list of selected addition and renovation projects in fiscal year 1996-97 with individual and average cost data; 3. A 6-year (1991-92 through 1996-97) tabulation of average unit area and cost data; and 4. A graph, based on the above, indicating the change in public school construction costs over a 6-year period. For the first time we have identified site development cost (included in total construction cost), as a separate item for your use. Our thanks go to the school architects for providing this additional information. The average cost per square foot rose dramatically over the school year (13% for elementary, 20% for middle, and 16% for high schools). The increased costs can be attributed to a strong construction market which reduces competition, the inclusion of full technology in most schools, and the continued rise in the amount of square feet per pupil as more special use spaces are added to school programs. The last six months (March through August 1997) has seen a drop in projects submitted and a leveling of prices which may indicate a more reasonable inflation rate of five to six percent for the 1997-98 school year. However, the projected large investment in school construction by North Carolina in the next few years could influence bidding in Virginia and lead to higher costs for future projects. If you have any questions concerning the above, please call Hunter L. Barnes, Architectural Consultant, Facilities Services at (804) 225-2035. RTL:cle Enclosures: A hard copy of this memo and its enclosures will be sent to the superintendent's office.