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Committee approves project invoices; MSBA payment authorization process explained
Summary
The building committee voted to approve recommended invoices (Studio G invoice 36 and Gilbane invoice 1 among them); project staff said MSBA will issue authorizations and payments typically within 21–30 days and that the next requisition will incorporate tonight's invoices.
Peter recommended the committee approve several project invoices, calling out Studio G invoice 36 and Gilbane invoice 1 for consideration. He said OPM staff have coordinated with the finance office and that an MSBA authorization is expected so the district can submit payment requests; the team plans to submit requisition number 5 and follow with requisition number 6 to incorporate tonight's approved invoices.
A committee member asked about typical MSBA turnaround times; Peter said payments have historically come within 21 to 30 days after MSBA authorization. The committee moved to approve the invoices and the motion carried by roll call.
