City of Racine - File #: 07-1035

• File #: 07-1035
• Version: A
• Name: Request for a reduction in retainage on Contract 49-05 (K5-056)
• Type: Communication
• Status: Passed
• File created: 8/8/2007
• In control: Public Works and Services Committee
• Final action: 8/21/2007
• Title: Subject: Direct Referral. Communication from the Assistant Commissioner of Public Works/Engineering, submitting a request for reduction of retainage on Contract 49-05 (K5-056), Lake Michigan Pathway Construction, Phase II, Bane-Nelson, Inc., contractor. Recommendation: That the retainage on Contract 49-05 (K5-056), Lake Michigan Pathway Construction, Phase II, Bane-Nelson, Inc., contractor, be reduced to $5,000.00. Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.
• Related files: Res.07-0373

Date	Ver.	Action By	Action	Result
8/21/2007	A	Common Council	Approved as Presented	Pass
8/14/2007	A	Public Works and Services Committee

Title

Subject: Direct Referral.  Communication from the Assistant Commissioner of Public Works/Engineering, submitting a request for reduction of retainage on Contract 49-05 (K5-056), Lake Michigan Pathway Construction, Phase II, Bane-Nelson, Inc., contractor.

Recommendation: That the retainage on Contract 49-05 (K5-056), Lake Michigan Pathway Construction, Phase II, Bane-Nelson, Inc., contractor, be reduced to $5,000.00.

Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.