The Geary USD 475 Board of Education has approved the Guaranteed Maximum Price for the construction of the new Fort Riley Elementary School. That amunt totals $18,410,000.
The school district received a federal grant totaling $16,096,000, which will provide a majority of the funding. The district will provide a match totaling $4,024,000, bringing the total amount of the project to $20,120,000. Of this the total project cost, $18,410,000 represents actual construction costs, $900,000 represents architectural and engineering fees, and the remaining amount includes $810,000 for furnishings.
The District’s local match will be a combination of about $3 million dollars from the state and the remainder from federal impact aid money received by USD 475.
Hutton Construction will handle construction of the new school.