7330

Policy

New Construction

Determination of Costs

The board shall seek to obtain specific figures on costs throughout the general process of new construction. The board shall obtain preliminary estimates on materials, goods, and services for its review and also shall obtain and approve final estimates. During the period of construction, the board shall have the superintendent obtain periodic computations on costs and production schedules and report such information to the board.

Prior to board approval and acceptance of new construction, when a project is finished, the board shall be provided with a final computation of all costs for its review.

Legal Reference: R. R. S. 79-405 District; body corporate; powers, name.

Adopted: October 4, 1983