Kokomo Board of Public Works approves water‑main payments, construction payouts, loans, hires and contracts

Kokomo’s Board of Public Works and Safety voted Feb. 26 to approve multiple construction payments, personnel actions, loan approvals and contracts, including pay estimates of $577,850.16 and $451,960.69 for the Northeast Water Main Extension Phase 2 and a $562,281.15 application payment to contractor Hageman Inc. for work on the hotel/conference center.

The approvals came during a regularly scheduled meeting at City Hall where board members moved through a series of departmental recommendations from police and fire, engineering, development, maintenance and the Convention & Visitors Bureau (CVB).

The board approved two pay estimates for the Northeast Water Main Extension Phase 2 submitted by contractor E.S. Wagon Company and reviewed by consulting engineer Donahue & Associates Inc. Pay estimate No. 2 covered work and stored materials from Dec. 1, 2024, through Jan. 2, 2025, with a gross amount of $608,263.33 and a requested net payment of $577,850.16 after 5% retainage. Pay estimate No. 3 covered work from Jan. 3, 2025, to Feb. 3, 2025, with a gross amount of $475,748.09 and a requested net payment of $451,960.69 after 5% retainage. The original contract amount for the project was presented as $4,210,569; total work to date through pay estimate No. 3 was $1,832,417.78.

The board also approved Hageman Inc.’s application for payment No. 5 in the amount of $562,281.15, and accepted the owner’s representative’s recommendation to place $62,475.68 into a retainage account as required by section 11.10.8 of the construction contract.

In economic development matters, the board approved an amendment to the EDA CARES Act Recovery Assistance revolving loan fund (RLF) management plan to increase the…