Monroe ES Reconstruction Lease-Leaseback Contract Amended
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Description
The Board approved Amendment No. 1 to its lease-leaseback contract with Balfour Beatty Construction LLC for the Monroe Elementary School reconstruction, authorizing up to $13,625,000 for early procurement of structural components and updated project terms through November 22, 2027. The work is funded from the 2018 Measure I bond program.
Contract Details
Contract Amount
Not to exceed $13,625,000 (plus prior $150,000; total authorized $13,775,000)
Vendor
BALFOUR BEATTY CONSTRUCTION LLC
Agency
Santa Ana Unified, CA
Contract Type
CONSTRUCTION
Document Date
April 28, 2026
Contract Term
Through Project Completion date of November 22, 2027
Renewal Date
2027-11-22
Renewal Info
This is Amendment No. 1 adding up to $13,625,000 and setting a completion date of November 22, 2027; future amendments for additional increments and final adjustments are anticipated.
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