title
Subject: (Direct Referral) Communication from the Assistant Commissioner of Public Works/Engineering requesting a reduction in retainage on Contract 24-11 (K1-024), Spring Street Bridge Repairs, Lunda Construction Company, contractor. (Resolution No. 11-2762)
Recommendation of the Public Works and Services Committee on 9-27-11: That the request of the contractor to reduce the retainage on Contract 24-11 (K1-024), Spring Street Bridge Repairs, Lunda Construction Company, contractor, to $2,500.00, be approved.
Fiscal Note: The amount of retainage is sufficient to cover the value of the remainder of the work on this project.