Date:

October 31, 2006

Code: AD NOAT 06-169
REVISED; REPLACES
AD NOAT 06-147

To:

Financial Managers
Accounting Officers
Budget Officers

From:

Mr. George V. Ashkar
Senior Director, Controller
Financial Services, Accounting

Subject:

CPDC Construction Claims Program - Memorandum of Coverage

Transfer Request: 069122
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

Per a request from CPDC a Plan of Financial Adjustment (PFA) was prepared to recover the Construction Claims Program Premium for the Engineering / Architecture Renovation & Replacement Phase II construction project. The Chancellor's Office and campus need to record their respective journal entries as described below:

The campus journal entry to record PFA069122 for SCO Fund 6041002 is as follows:

The Chancellor's Office will be recording the following journal entry for SCO Fund 0948000-6620-1971-510-D:

If you have any questions, please contact William Pittman at (562) 951-4612 or via email at bpittman@calstate.edu.

GVA: WVP: td AD NOAT 06-169