Bond Reduction Granted for South Lake Road C Project
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Description
The City Council authorized a 50% reduction in the performance bond for South Lake Partners LLC's work on South Lake Road C, releasing $751,908.00 following partial project fulfillment.
Contract Details
Contract Amount
$751,908.00 (bond reduction from $1,503,816.00 performance bond)
Vendor
SOUTH LAKE PARTNERS LLC
Agency
City of Bowie, MD
Contract Type
CONSTRUCTION
Document Date
February 17, 2026
Renewal Info
Remaining 50% bond held until final completion and acceptance.
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