Date:

August 29, 2003

Code: AD NOAT 03-85

To:

Financial Managers
Accounting Officers
Budget Officers

From:

George V. Ashkar
Director
Systemwide Financial Operations

Subject:

Construction Claims Program Premiums/Admin Fee Transfers

Transfer Request: 039045

The State Controller's Office has been requested to transfer the following amounts from your campus projects to Chancellor's Office on account of Administrative Fee/Construction Claims Program participation premium.

Campuses should treat this as a "Transfer Out to Trust Fund" from Higher Education Capital Outlay Bond Fund and use Firms Object Code "680125". If campuses are recording this as an expense, they should consider opening People soft account but it should map to the Firms Object Code "680125".

SCO ACCOUNT	PGM/ELE/TASK	CH/YR	CAMPUSES	TOTAL	NATURE of TRANS
0574001-6660-2001-302	06-78-089	106/2001	CSU San Bernardino	$296,175.00	Admin Fee
0574001-6660-2001-302	06-78-089	106/2001	CSU San Bernardino	$196,950.00	Constn Claims Program
0574001-6700-2001-302	06-56-092	106/2001	CSU Fresno	$279,735.00	Admin Fee
0574001-6720-2001-301	06-64-077	106/2001	CSU Hayward	$111,120.00	Admin Fee
0574001-6780-2001-302	06-76-095	106/2001	CSU Sacramento	$322,395.00	Admin Fee

If you have questions regarding the charges, please contact Ms. Nany Freelander-Paice at (562) 951-4102 or e-mail address nfreelander@calstate.edu.

If you have questions regarding recording accounting transactions, please contact Ms. Jean Gill at (562) 951-4618 or e-mail jgill@calstate.edu.

GVA:JK:tp AD NOAT 03-85

Attachment

cc:	Ms. Nancy Freelander-Paice Ms. Jean Gill Mr. John Kochumman Mr. Lam Le Mr. Tony McFarlane Mr. Bill Pittman