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Courthouse project: contingency funds, ineligible interest and security staffing options discussed
Summary
Project staff reported construction progress and contingency balances, disclosed $60,160.90 in ineligible interest funds, and presented three staffing options for courthouse public access security; commissioners discussed risks and did not reach a decision.
Nathan provided an update on the Pulaski County courthouse construction project, outlining the project’s contingency balances, expected change orders, construction progress and options for staffing public-access security.
Nathan said the owner’s contingency balance stood “just above a hundred and $96,000” before accounting for sidewalk costs, which could be nearly $20,000, and that the project has roughly $100,000 in expected change orders. He reported the contractor retains a separate construction contingency “somewhere in the 300 thousands, if not still in a 400 thousands.”
On financi…
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