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Release of Escrow Agreement - Release Funds for Howard Park Redevelopment Project - Larson-Danielson Construction Co., Inc.
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Release of Escrow Agreement - Release Funds for Howard Park Redevelopment Project - Larson-Danielson Construction Co., Inc.
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4/16/2020 3:49:28 PM
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4/16/2020 3:49:22 PM
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Board of Public Works
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Contracts
Document Date
4/14/2020
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<br /> <br /> <br /> <br />CITY OF SOUTH BEND <br />DEPARTMENT OF PUBLIC WORKS <br />DIVISION OF ENGINEERING <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Patrick Sherman, <br />TO: <br />Project Manager <br /> <br />FROM: Toy Villa, <br />Construction Manager <br /> <br />SUBJECT: <br />Howard Park/ Riverfront Trail Improvements <br />Project No. 117-047B <br /> <br />DATE: April 1, 2020 <br /> <br /> <br /> <br /> <br /> The Howard Park/ Riverfront Trail Improvements project was supposed to be <br />th <br />completed on November 30 of 2019. The only item remaining to complete is the fountain. <br />Due to the weather the contractor was unable to finish the fountain therefore we were <br />unable to turn it on to complete all the necessary testing so the contract was extended to <br />th <br />May 9 (C.O. #14) due to Value Engineering negotiations. Due to the City extending the <br />completion date it was decided by Engineering to reduce the retainage from 5% to 1%. <br />With the 1% ($187,147.89) withheld it will easily cover any issues that could arise with the <br />fountain startup. <br /> <br /> If I can be of additional assistance, please do not hesitate to call me at extension <br />5920. <br /> <br /> <br />
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