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Board approves $376,060 pay estimate for downtown mall redevelopment work

3565686 · May 29, 2025
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Summary

The board approved pay estimate number 2 for the downtown mall redevelopment project to Pembroke Companies, authorizing a payment of $376,060.66 against completed work of $587,243.81.

The Board of Public Works approved pay estimate number 2 May 27 for the downtown mall redevelopment project, authorizing payment to Pembroke Companies in the amount of $376,060.66.

Staff reported total work completed to date of $587,243.81 and said the amount payable now, after retainage, is $376,060.66; project inspector Garrett Lisonbee had checked and approved the work to date. A board member moved to approve the pay estimate, a second followed, and the motion passed on a voice vote.

The board did not discuss changes to scope, retainage policy, or a completion date in the meeting record. No change orders were presented for this pay estimate.