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Board approves nearly $1.94 million roofing restoration for Grandview Elementary, transfers $2 million from fund balance
Summary
The board approved a contract with Tremco TMR Roofing for a Grandview Elementary roof restoration under a cooperative purchasing contract and voted to transfer $2,000,000 from the general fund to cover the project.
The Derry Area School District Board of Directors on Jan. 23 approved a contract with Tremco TMR Roofing (TMR) for the Grandview Elementary roof restoration project at a cost not to exceed $1,937,375, and approved a transfer of $2,000,000 from the district’s undesignated general fund to the designated fund to cover project costs.
The contract will be paid from the district’s capital project fund and was presented under a KPN cooperative purchasing contract. District staff said Tremco’s restoration approach uses chemically bonded restoration materials intended to avoid a full tear-off and replacement of decking and insulation, and that the work…
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