File #: 19-1607    Version: 1 Name: [Surety] Takeover Agreement - Liberty Mutual Insurance Company - Madison Park Expansion Project - Facilities Planning and Management Department
Type: Agreement or Contract Status: Passed
File created: 8/2/2019 In control: Deputy Chief, Facilities Planning and Management
On agenda: 9/4/2019 Final action: 9/4/2019
Enactment date: 9/4/2019 Enactment #: 19-1343
Title: Approval by the Board of Education of Resolution No. 1920-0020 - Award of Contract for Construction Services for Madison Surety Takeover Agreement negotiated by the District and Liberty Mutual Insurance Company ("Surety"), whereby the Surety agrees to supply a General Contractor to complete the work on the delayed Madison Park Academy Expansion Project, following the District's termination of the Vila Tulum Joint Venture ("JV") Lease-Leaseback Agreements in June, 2019, pursuant to provisions delineated in said Surety Agreement, incorporated herein by reference as though fully set forth, payable by the Surety to Contractor in the amount of $13,610,253.48.
Attachments: 1. 19-1607 [Surety] Takeover Agreement - Liberty Mutual Insurance Company - Madison Park Expansion Project - Facilities Planning and Management Department
Contact: Timothy.White@ousd.org

Title

Approval by the Board of Education of Resolution No. 1920-0020 - Award of Contract for Construction Services for Madison Surety Takeover Agreement negotiated by the District and Liberty Mutual Insurance Company ("Surety"), whereby the Surety agrees to supply a General Contractor to complete the work on the delayed Madison Park Academy Expansion Project, following the District's termination of the Vila Tulum Joint Venture ("JV") Lease-Leaseback Agreements in June, 2019, pursuant to provisions delineated in said Surety Agreement, incorporated herein by reference as though fully set forth, payable by the Surety to Contractor in the amount of $13,610,253.48.