Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Contract Payment topic

No spam. Unsubscribe anytime.

Trustees approve $337,138.13 contractor draw; EPA reimbursement expected

Village of Kincaid Board of Trustees · November 12, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board authorized an initial payout to contractor EL Pruitt for water-main work and approved inclusion of engineering costs in an EPA loan disbursement request that totals roughly $618,000.

Consultant Ron Legner reported that EL Pruitt, the contractor for the water-main replacement, filed for a first payment under a $2.54 million contract. "The first payment that they have applied for would total 337 thousand 138 dollars and thirteen cents," Legner said, and he added that the disbursement request would also seek reimbursement of about $281,000 in previously authorized engineering expenses for a combined EPA draw of roughly $618,000.

Trustee Lawrence moved to authorize the payout to EL Pruitt and Trustee Nelson seconded; the motion passed on an all-aye vote. Legner said the EPA reimbursement would help replenish village capital used on engineering and early contractor work.