ESCROW FEE SCHEDULE
(for Administration of Contract Retention Escrow Agreements)
By the State Treasurer’s Office
and
The Trustees of The California State University
(Effective October 1, 2006)
Schedule of Fees
Treasurer
Trustees
To Establish an Escrow Account
$100.00
$100.00
50.00
50.00
$ 50.00
$ 50.00
(Reviewing the escrow agreement and establishing
the escrow account.)
Transactions
(Each security deposit, withdrawal and interest payment.)
Retention Payments
(Each contract retention payment approval)
The Contractor shall pay the above fees upon completion of the project,
prior to the release of the final security.
Custodian Account Fee
$100.00
N/A
(For accounts utilizing book entry securities, the STO’s
Custodian Bank, Citibank, currently charges an annual
fee of $100 per account, payable in advance for each
calendar year.)
Construction Mgmt.
704.02 • 10/06