Item Coversheet

Santa Rosa County District Schools

Submitted By:Joey Harrell


Administrative
Action Agenda
Title of Item:East Bay Retainage Reduction
Description/Introduction:

Requesting approval to reduce the percentage of retainage currently held by half (from 10% to 5%) to include all future pay applications from this point forward

Request Letter(s), State Statute, and Application for Payment Request are attached

Recommendation/Action Requested:Requesting Board approval

Financial Impact:
A-Funds required from School Board?No
B-Amount required
C-Grant/Project Synopsis attached?No
D-Date Grant/Project Reviewed/Approved by Accountant:

Legal Review
Does item require legal review?No
If Yes, Approval Date
REVIEWERS:
ReviewerActionDate
Harrell, JoeyApproved8/18/2020 - 2:46 PM
Pattullo, MelanieApproved8/27/2020 - 3:47 PM
ATTACHMENTS:
DescriptionUpload DateType
Cover Letter from Harrell8/18/2020Cover Memo
Request Letter from Culpepper Construction8/18/2020Backup Material
State Statute 255.078(2)8/18/2020Backup Material
Application for Payment Request8/18/2020Backup Material