Council Releases Final Wastewater Retainage to Koberstein
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Description
Chrisney Council approved a $55,000 retainage payment to Koberstein Contracting Inc. for Pay Application #13 on the wastewater project, closing out the project with a one-year warranty period. This payment releases the remaining retainage owed under the construction contract.
Contract Details
Contract Amount
$55,000
Vendor
KOBERSTEIN CONTRACTING INC
Agency
Town of Chrisney, IN
Contract Type
CONSTRUCTION
Document Date
July 14, 2025
Contract Term
One-year warranty period after project closeout
Renewal Info
Final retainage payment under existing construction contract; project enters a one-year warranty period after payment.
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