PECO: Florida approves $487 million
for university construction projects
Florida Construction News staff writer
Florida lawmakers have approved
a 45 percent increase in construction
and maintenance money for universi-
ties, state colleges and public
schools in the new state budget
The annual Public Education Capi-
tal Outlay program for the 2018-19
academic year will total $487 million,
including $33 million in funding con-
tingent on reimbursements from the
federal government related to emer-
gency spending during Hurricane
Irma, the News Service of Florida has
reported. The university system will have
$112 million in individual projects
and $47 million in maintenance
money, which will be distributed by
formula to the 12 state universities.
The state college system has $43
million in projects and $35 million in
maintenance funding, which will be
distributed to the 28 schools.
Meanwhile, public schools will re-
ceive $50 million in maintenance and
renovation funding, while charter
schools will receive $150 million, in-
cluding $5 million contingent on fed-
eral reimbursements.
The largest project on the univer-
sity PECO list is $50 million for a
data-science and information-tech-
nology building at the University of
Florida. Florida State University has
three projects on the list, including
$12.9 million to complete an earth,
ocean and atmospheric science
building. Discover more construction,
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www.cadcr.com Florida Construction News — SPRING 2018 – 7