Board of Trustees Executive Summary of Board Agenda Item April 2026
Board Approves Retainage Release to Banes General Contractors
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Description
The Board of Trustees approved the release of $54,661.58 in retainage to Banes General Contractors, Inc. for Guaranteed Maximum Price #1 covering asbestos abatement and demolition at the new Canutillo Middle School. The action follows substantial and final completion of the work with all contractual obligations, inspections, and lien releases satisfied.
Contract Details
Contract Amount
$54,661.58
Vendor
BANES GENERAL CONTRACTORS INC
Agency
Canutillo Isd, TX
Contract Type
CONSTRUCTION
Document Date
April 18, 2026
Contract Term
GMP #1 for Canutillo Middle School Phase 1 – Asbestos Abatement and Demolition; Contract date October 10, 2024; Substantial Completion date November 30, 2025
Renewal Date
2025-11-30
Renewal Info
Closeout action for GMP #1 under the CMAR construction contract; no further renewals or extensions associated with this retainage release.
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RECOMMENDEDboard_of_trustees_executive_summary_gmp_approval.pdf
AMENDEDboard_of_trustees_executive_summary_gmp_approval_f.pdf
AMENDEDCanutillo ISD Board Meeting Minutes November 2025
APPROVEDMore from Canutillo Isd
Canutillo ISD Board of Trustees Regular Meeting Agenda April 2026
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Canutillo ISD Board of Trustees Regular Meeting Agenda April 2026
Canutillo ISD Board of Trustees Regular Meeting Agenda April 2026
Canutillo ISD Board of Trustees Regular Meeting Agenda April 2026
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