Ricine Banner
File #: 184-17    Version: A Name: Reduce Retainage from 5% to 3% on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone Pavers, LLC., contractor. (Res No. 0085-17)
Type: Communication Status: Passed
File created: 2/22/2017 In control: Public Works and Services Committee
On agenda: Final action: 3/7/2017
Title: Subject: (Direct Referral) Reduce retainage from 5% to 3% on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone Pavers, LLC., contractor. (Res No. 0085-17) Recommendation of the Public Works and Services Committee on 02-28-17: That retainage be reduced from 5% to 3% on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone pavers, LLC., contractor Fiscal Note: This will reduce the retainage from $37,695.84 to $22,617.51.
Attachments: 1. 184-17 Reduction in Retainage, Contract 20160015-2016 Concrete Street Reconstruction (R1), Kinzie Ave
Related files: Res.0085-17

Title

Subject: (Direct Referral) Reduce retainage from 5% to 3% on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone Pavers, LLC., contractor. (Res No. 0085-17)

 

Recommendation of the Public Works and Services Committee on 02-28-17: That retainage be reduced from 5% to 3% on Contract 20160015, 2016 Concrete Reconstruction - Kinzie Avenue (R1), Cornerstone pavers, LLC., contractor

 

Fiscal Note: This will reduce the retainage from $37,695.84 to $22,617.51.