Escrow Agreement Option for CER Construction Project Retainage
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Description
SFUSD offers CER Construction the ability to establish an escrow agreement for security deposits in lieu of retention on the Bryant Elementary School PA Upgrade project. The process enables earlier access to retainage funds subject to contract compliance.
Contract Details
Vendor
CER CONSTRUCTION
Agency
San Francisco County Office of Education, CA
Contract Type
FINANCIAL_SERVICES
Document Date
December 11, 2025
Contract Term
Upon contractor election; duration of contract (100 days); terminates upon contract completion and District certification
Renewal Date
2026-04-23
Renewal Info
Escrow arrangement last until contract completion and District certification; termination upon project close-out and release of all funds.
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