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Title: Recommendation: I recommend the School Board approve Reduction of Retainage from 10% to 5% for Seminole Ridge High School, Construction Management at Risk Project, and authorize the Chairman and Superintendent to execute all related contract documents. Description: Seminole Ridge High School (02-NNN), CM@Risk Project 3861-8292 • Description: On Seminole Ridge High School (02-NNN), the Contractor, James B. Pirtle, achieved Substantial Completion on May 6, 2005, for Building #1 and April 1, 2005, for Building #3, and has now requested a Reduction of Retainage from 10% to 5%; the Architect and District staff recommends this reduction. Financial Impact: The financial impact to the Project's Budget is $0.00 For Additional Information, contact: Attachments (list):
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