On Monday, May 21, 2007, the Lower Merion School Board intends to vote to exceed its own not-to-exceed budget for the New Harriton High School project. Can they really be so desperate that they will risk so much? They have received only one bid for the major portion of the work. And the project is only $1.9M away from requiring a referendum. What does all this mean? If, during construction, the project experiences extra costs in excess of $1.9M, the project will stop and the District will have to go to the voters for approval to complete. Of course they are banking on the voters being unwilling to stop a half built project. But, imagine the delay costs associated with suspending the project. And yet, the cost of delay is the very argument they use for moving forward. They say that if they delay construction any longer, the project will cost millions more.
But will it? Click here to understand the true cost of delays, and here for Appendix 2.
Please take a close look at what the School Board is doing to the future wellbeing of our schools and of our community. Write to capitalcomments@lmsd.org and tell them what you think; tell everyone you know what is happening; and join us for this important meeting on Monday, May 21 at 8PM in the LMHS library.
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