Fort Smith Public Schools Peak Innovation Center is coming in $6.6 million over budget with $2.57 million of that unfunded, Shawn Shaffer, FSPS facilities supervisor told the FSPS school board Monday (July 12) night.
The anticipated final cost of the project, including phase two work with an elevator and roof replacement but not including art, is $19.076 million, about $6.6 million more than originally planned. That cost includes $18.627 million committed or budgeted funds and $450,000 in non-committed contingency funds, Shaffer said.
“This does include fixing the roof leaks because there are some extensive roof leaks out there. That roof needs to be corrected,” Shaffer said.
When asked how confident he was the $19.076 million would be the total cost, Shaffer said there always could be something unforeseen that happens, but the district has already gone over the major…
