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						 Title: Reduction of Retainage for Pierce Hammock Description:   Description: On Pierce Hammock Elementary School, the Contractor, Morganti,  achieved Substantial Completion on August 13, 2004, and requested a Reduction of Retainage from 10% to 5%; the Architect and District staff recommends this reduction 
Recommendation: 
 I recommend the School Board approve Reduction of Retainage from 10% to 5%, for Pierce Hammock Elementary School, New School Construction Project, and authorize the Chairman and Superintendent to execute all related contract documents.  
Financial Impact: 
The financial impact to the Project’s Budget is $0.00.  
For Additional Information, contact: 
Joseph M. Moore (moorej@palmbeach.k12.fl.us) Joseph M. Sanches 
Attachments (list): 
Pierce Hammock Backup.pdf 
Pierce Hammock ES 00Q 28618257.pdf 
						 
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