The price tag for next year’s comprehensive renovation of Nicholasville Elementary School is lower than district officials feared but higher than originally projected.
The Jessamine County Board of Education accepted the low bid of $9,061,000 from D.W. Wilburn at its meeting Monday night. The schematic design for the project, approved in December, estimated the cost at $8.5 million; when the design and development documents were approved in January, architect Margie Jacobs of Tate Hill Jacobs told the board the cost could be around $9.7 million.
Jacobs told board members Monday that the construction market was reverting to its pre-recession state and that contractors would have complicated timelines for the Nicholasville Elementary project since it would be done in phases while some students remain in the building.
“This is a reflection of construction costs adjusting themselves back to what we were seeing about five years ago,” Jacobs said. “I really don’t think there’s anything unique to this project other than that kids are going to be there; it’s going to be occupied, so we’re seeing that premium.”