November 18, 2005 10:13 AM CST

School Construction Projects Worth $229M Up For Bid

By New Mexico Business Weekly

New school construction projects will be up for bid in 19 New Mexico school districts within the next two years thanks in part to a record $229 million in state funding that will be allocated for improvements to school buildings and the construction of new buildings.

The largest amount of state money awarded was $25.7 million to the Albuquerque Public Schools for a new high school. Rio Rancho will receive $46.8 million, and seven schools in Las Cruces are slated to receive money for improvements, including $2.7 million for a new high school.

Officials at the state Public School Facilities Authority said districts intending to make use of the projects must start construction within 24 months.

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