WATERVILLE, Maine — Colby College will receive a $10 million pledge toward the construction of a new science building on campus.

Colby President William D. Adams announced the gift from the Shelby Cullom Davis Charitable Fund during a meeting with college faculty on Wednesday.

The 36,400-square-foot building will be completed in 2014 and house the computer science, mathematics and statistics, and psychology departments. It will include a robotics laboratory, a behavioral neuroscience research suite and shared classrooms and computer laboratories, according to a statement from the college. The total cost of the construction of the building is $18.6 million.

The building will be named the Davis Science Center in honor of the gift.

“This is an extraordinary gift. One of the largest in Colby’s history,” Adams said in the statement. “And it comes at a very important moment, as we conclude our celebrations of the college’s bicentennial and the strategic initiatives that were associated with it. I am especially grateful to Colby alumnus Andrew Davis, who made the gift possible.”

Colby Trustee Emeritus Andrew Davis, who graduated in 1985, is president of the investment firm Davis Selected Advisers and a trustee of the Shelby Cullom Davis Charitable Fund. He was an administrative science and economics major and served as a Colby overseer from 1996 to 1999 and a trustee from 1999 to 2006.

“From questioning our understanding of the world to building technological solutions for the future, Colby faculty and students have always been inclined to apply the sciences to social good,” Davis said in a statement. “By strengthening the role of the sciences within the liberal arts curriculum, we hope to build on that history, expand opportunities for Colby students and further prepare them to make a positive impact on the world before and after graduation.”