Tester Construction Group Escrow Release Approved for 501 Washington
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Description
Jenkintown Borough Council approved the first escrow release totaling $216,903.50 to Tester Construction Group LLC for the 501 Washington Lane mixed-use development project.
Contract Details
Contract Amount
$246,293.85 (original release), $216,903.50 (escrow release #1)
Vendor
TESTER CONSTRUCTION GROUP LLC
Agency
Borough of Jenkintown, PA
Contract Type
CONSTRUCTION
Document Date
January 22, 2025
Contract Term
Project period concluding in early 2025
Renewal Date
2025-03-31
Renewal Info
Escrow releases continue as construction milestones are met; further release(s) possible until final acceptance.
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