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RM 02-06-76
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RM 02-06-76
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e <br />CITY OF SO(ATH BEND <br />South Bend, Indiana 46601 <br />Peter J. Nemeth <br />Mayor <br />William C. Gilkey <br />Direct r, Human Resources and . <br />Economic Development <br />Rede elopment Commission <br />City of South Bend <br />February 18, 1976 <br />COMMUNITY DEVELOPMENT PROGRAM <br />Room 1200, County -City Building <br />219 284 -9371 <br />Bureau of Housing <br />Bureau of Planning and Management <br />VG' �` <br />LL <br />kail <br />1200 County -City Bldg. �. <br />227 Jefferson Blvd. ;. <br />Soutf Bend, Indiana 46601 <br />Dear <br />Newb: <br />15 & <br />Perfc <br />Cond= <br />obta <br />Sirs: <br />4 <br />In accordance with the Commission's conditional contract award to <br />11 Construction Company on January 2, 1976 of Contract Nos. 11,12, <br />18 in the Southeast Project, this firm has failed to provide the <br />rmance Bonding on Contracts 11, 12 $ 18 as required by General <br />tions for the Rehabilitation of Real Property, Stc 121A (a). This <br />ny was also granted a ten day extension (see Attachment A.) to <br />n bonding on 1/23/76. This extension expired on 2/6/76. <br />Due to this contractor's inability to provide bonding, he must <br />forf't 10% of each bid amount totaling $1,022.40 (see Attachment B.) in <br />acco dance with Section 6, Bid Guaranty Instructions to Bidders, and <br />Document E, Bid Bond:' Newbill Construction would therefore be eligible <br />to receive a refund in the amount of $456.10 as 10% of Contract # 15 for <br />whic performance bond is provided. <br />If you have any questions or have need of further information please <br />contact me at your earliest convenience. Thank you. <br />Si cere y p, <br />eith P. Cri ton <br />Director \1 <br />Bureau of Housing <br />KPC /k c <br />Attac . =2 <br />
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