Request for approval to Reduce Retainage from 5% to 2% for Conrad Construction Co., LTD in connection with Anderson Rd- Hiram Clarke Rd to Almeda Rd - 2018, Job No. 23/0152, UPIN 19101MF0XY01, Precinct 1, MWBE Contracted Goal: 21%, MWBE Current Participation: 28.41%. | Community Exchange
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Request for approval to Reduce Retainage from 5% to 2% for Conrad Construction Co., LTD in connection with Anderson Rd- Hiram Clarke Rd to Almeda Rd - 2018, Job No. 23/0152, UPIN 19101MF0XY01, Precinct 1, MWBE Contracted Goal: 21%, MWBE Current Participation: 28.41%.
Commissioners Court considers reducing retainage from 5% to 2% for a road project on Anderson Rd in Precinct 1.
Harris County Commissioners Court is being asked to approve a change to a construction contract. The request would reduce retainage — money held back until work is done — from 5% to 2% for Conrad Construction Co., LTD. The project covers Anderson Road from Hiram Clarke Road to Almeda Road in Precinct 1. The contractor has exceeded its minority business participation goal, reaching 28.41% against a 21% target.
This contract covers road construction on Anderson Rd between Hiram Clarke Rd and Almeda Rd in Precinct 1. Changing how much money is held back from the contractor could affect how the project moves forward.
