CONSTRUCTIONAMENDED

Oxnard Union High School District Agreement Third Amendment to City of Oxnard Off-Site Improvement Agreement 2026-05-27

Third Amendment Updates Del Sol Off-Site Agreement

Performance Bond in the amount of $3,000,000 and Payment Bond in the amount of $1,500,000Oxnard Union HighCITY OF OXNARDMay 26, 2026

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Description

The Oxnard Union High School District and the City of Oxnard approved a Third Amendment to their Off-Site Improvement Agreement for Del Sol High School, confirming substantial completion of improvements and defining remaining work and obligations for the Camino del Sol/Colonia Road traffic signal. The amendment reduces security requirements to a $3,000,000 performance bond and a $1,500,000 payment bond tied specifically to the remaining signal conditions and final punch-list items.

Contract Details

Contract Amount

Performance Bond in the amount of $3,000,000 and Payment Bond in the amount of $1,500,000

Vendor

CITY OF OXNARD

Agency

Oxnard Union High, CA

Contract Type

CONSTRUCTION

Document Date

May 26, 2026

Contract Term

Bonds remain until completion and acceptance of Colonia Signal, plus 65 days after Notice of Completion is recorded or 95 days if not recorded

Renewal Info

Third Amendment modifies the original May 4, 2021 Off-Site Agreement and prior amendments dated April 22, 2022 and April 27, 2023. Existing bonds will be replaced with reduced performance and payment bonds limited to Colonia Signal Conditions, which remain in effect until project completion plus 65–95 days for potential claims.