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Board passes notice of completion for recent roofing project; final payment reflects omitted bond costs
Summary
The board approved Resolution 2024–25‑9, a Notice of Completion for a roofing contract; staff said the contractor’s final invoice was increased slightly to include required bonds that were omitted from the original bill.
The Santa Ynez Valley Union High School District board adopted Resolution 2024–25‑9, a Notice of Completion for a previously approved roofing project, allowing staff to release final payment to the contractor.
District staff explained that the contractor’s original invoice omitted required bond costs (bid/performance/payment bonds that are triggered at certain contract thresholds), and that the final payment includes an adjustment for those bonds. Staff characterized the amount as modest—under $5,000—and said the work met contract specifications so final payment could be released.
A board member moved to approve the resolution; the board approved it by roll call.
