LPNNRD Reduces Retainage in Thompson Construction Contract
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Description
Lower Platte North NRD issued Change Order No. 02 to its construction contract with Thompson Construction for the Wahoo Creek Dams Site 26A project, adjusting retainage from 10% to 5% while keeping the contract time unchanged and setting the new contract sum at $4,339,047.20. The amendment will release approximately $145,000 in retained funds and reduce total retainage to about $217,000 through final completion on October 14, 2026.
Contract Details
Contract Amount
$4,339,047.20 (new contract sum including this Change Order); retainage reduced from 10% to 5% releasing approximately $145,000 and reducing total retainage from approximately $434,000 to $217,000
Vendor
THOMPSON CONSTRUCTION
Agency
Leshara village, NE
Contract Type
CONSTRUCTION
Document Date
May 8, 2026
Contract Term
Contract completion date October 14, 2026; contract time unchanged by Change Order No. 02
Renewal Date
2026-10-14
Renewal Info
Change Order No. 02 amends financial terms only by reducing retainage from 10% to 5% from this point through final completion; no extension of contract time and completion remains October 14, 2026.
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