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Board approves $438,000 advance to contractor for Walnut Lake bridge materials
Summary
Talbot Brothers requested a $438,000 advance to pay for beams and pipe piles already purchased for the Walnut Lake Bridge; staff said the bonding company approved the request and state aid recommended it, and the board voted to grant the advance.
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The Tunica County Board of Supervisors approved Jan. 20 an advanced payment request of $438,000 to Talbot Brothers, the general contractor on the Walnut Lake Bridge project, to cover supplier invoices for beams and pipe piles already purchased and stockpiled.
A contractor representative said the materials had been purchased and would be delivered to the site on the day of installation, and staff confirmed the bonding company had approved the advance. “They've already had to purchase all this,” the contractor representative said in explaining the request.
Supervisors asked about on-site verification; staff said the pipe piles are on-site and the beams are stored at the casting yard and will be delivered when set. The board moved, seconded and approved the payment by voice vote. State aid recommended the standard procedure, according to staff.
The transcript records the dollar amount as $438,000 and the board approved the advance; staff and the contracting party will finalize the payment schedule and bonding documentation as required.
