Final Cost Report
Final Cost Report
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A Final Cost Report for every project shall be executed and filed with the Office of State Aid when the approved capital construction project is completed, when all obligations have been paid, and after the construction account has been closed.
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Final Cost Report submissions sent via hard copy mail will not be processed if submitted after 7/18/2024. Please send an email with a fully completed PDF copy of the Final Cost Report attached to buildingforms@nysed.gov with a subject line that includes Final Cost Report for SED Project #XX-XX-XX-XX-X-XXX-XXX (Please use full 15-digit SED Project Number) and the district name. Please call the 泭at (518) 474-2977 with any questions.
Implementation of Chapter 97 of the Laws of 2011 Regarding Building Aid for Capital Projects Approved by SED on or after July 1, 2011:
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Early Aid Start Request
Beginning October 30, 2024, all Early Aid Start Requests must be submitted using the new form linked below. Please note that all EASR forms must be submitted prior to December 1st to be processed in time for two payments in the current aid year, and prior to June 1st to ensure the project is processed in time for one payment in the current aid year. Please note that beginning July 1, 2025 projects under $5 million will not be considered complex and therefore no longer eligible for EAS unless the project is delayed by items beyond the District's control such as liens, litigation, declared natural disaster, or force majeure events; or the quality of work is currently unsatisfactory and corrective action is required. Please review the prior to submitting the EASR form.
Refer to the泭Final Cost Report Due Dates泭webpage for more information. All questions regarding the content and completion of the final cost report should continue to be addressed to the泭Office of Facilities Planning.