Downey USD Expands Bernard Bros. Lease-Leaseback Contract
Downey Adult SchoolHigher Ed · Downey, CA- Disclosed value
- Increase of $35,203,120.90 from $12,246,766.17 for a new total Agreement amount of $47,449,887.07; Guaranteed Maximum Price $47,449,887.07; Tenant Improvement Payments $47,121,172.51
- From agreement
- Document date
- Feb 5, 2026
- Renews
- Free account
The 30-second brief
Downey Unified School District executed a first amendment to its lease-leaseback construction agreement with Bernard Bros., Inc. for the John A. Garcia Jr. Elementary School Modernization and New Construction Project, increasing the guaranteed maximum price to $47,449,887.07 and extending completion through January 31, 2028. The amendment adds Phase 2 new construction, adjusts insurance, contingency, and allowances, and revises the construction schedule and tenant improvement payment structure.
Bernard Brothers Inc holds this construction contract with Downey Adult School. Its other public contracts on record include work for City of Downey and Compton College.
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Contract details
- Contract type
- Construction
- Amount
- Increase of $35,203,120.90 from $12,246,766.17 for a new total Agreement amount of $47,449,887.07; Guaranteed Maximum Price $47,449,887.07; Tenant Improvement Payments $47,121,172.51
- Document date
- February 5, 2026
- Term
- Contract completion date extended from August 5, 2026 through January 31, 2028
- Renews
- On record
- Vendor
- Bernard Brothers Inc
- Agency
- Downey Adult School
- Source document
- Downey Unified School District Agreement First Amendment to Lease Lease-Back Agreement 2026-02-05 (Agreement)
Bernard Brothers Inc's other public contracts
More Downey Adult School contracts
Questions about this contract
Who was awarded the construction contract by Downey Adult School?
Bernard Brothers Inc was awarded this construction contract by Downey Adult School, as recorded on February 5, 2026. The contract value is Increase of $35,203,120.90 from $12,246,766.17 for a new total Agreement amount of $47,449,887.07; Guaranteed Maximum Price $47,449,887.07; Tenant Improvement Payments $47,121,172.51.
How much is the Bernard Brothers Inc contract with Downey Adult School worth?
The Bernard Brothers Inc contract with Downey Adult School is valued at Increase of $35,203,120.90 from $12,246,766.17 for a new total Agreement amount of $47,449,887.07; Guaranteed Maximum Price $47,449,887.07; Tenant Improvement Payments $47,121,172.51, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Downey Unified School District Agreement First Amendment to Lease Lease-Back Agreement 2026-02-05 (Agreement), dated February 5, 2026 from Downey Adult School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bernard Brothers Inc hold?
Bernard Brothers Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Downey Adult School currently buying?
Explore Downey Adult School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.