January 25, 2011
Status:
Approve the recommendation to reduce retainage now being held on Cooper City High School, New Kitchen/Cafeteria Building and Central Utilities Plant, Project No. P.000385, for Pavarini Construction, Company (SE) Inc., from $467,875 to $93,575.
In accordance with School Board Policy 7005, the Facilities and Construction Management Department is recommending that the retainage be reduced from $467,875 to $93,575.
This project will be brought back to the Board for Final Acceptance and Release of Retainage.
The funds being released totaling $374,300, are included in the Adopted District Educational Facilities Plan, Fiscal Years 2010-2011 to 2014-2015.
Requested Action
Approve the recommendation to reduce retainage now being held on Cooper City High School, New Kitchen/Cafeteria Building and Central Utilities Plant, Project No. P.000385, for Pavarini Construction, Company (SE) Inc., from $467,875 to $93,575.
Summary
In accordance with School Board Policy 7005, the Facilities and Construction Management Department is recommending that the retainage be reduced from $467,875 to $93,575.
This project will be brought back to the Board for Final Acceptance and Release of Retainage.
School Board Goals
| Goal Three: Safety (2008-2011) |
Financial Impact
The funds being released totaling $374,300, are included in the Adopted District Educational Facilities Plan, Fiscal Years 2010-2011 to 2014-2015.
Source of Additional Information
Steve Dowling 754 321-1622
Associated File Attachments
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retainagereducationcertification (Files) | |
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consentofsurety (Files) | |
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oef110bcertificateofoccupancy (Files) | |
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collaborationsignoffformcapitalbudget (Files) | |
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ExecutedARF (Files) |