Self-Help Center Retainage Payment - Romo Contractors
Submitted for:
Cassie Allred
Submitted By:
Cassie Allred
Department:
Self Help Center
Subject:
Discussion and possible action to authorize the release of the 10% retainer payment to Romo Contractors, in the amount of $5,392, contingent upon passing the final inspection and completion of the required 30 day waiting period for project located at 7379 Adelita Rd., San Carlos I. This action will not impact the County's General Fund. [Account #2530-206000]
Issue: Ten percent of the housing rehabilitation project is held in retainer for 30 days from the completion date of each project to ensure that any deficiencies which may arise are addressed by the contractor. Contract amount is $53,920.00 and 10% retainer amount is 5,392.00.
Solution: Commissioners Court authorizes the release of the retainer funds to the contractor.
Result: The contractor will be paid for services rendered.
Background:
The project listed above will be inspected by a Qualified Inspector approved by the Texas Department of Housing and Community Affairs to ensure that the home meets minimum required standards and is free from deficiencies.