Hausmann construction contract retains $50,000 balance
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Description
Heartland Community Schools continues its comprehensive construction project with Hausmann under an adjusted gross contract of $10,868,928.24. The district is holding a $50,000 retainage payment until outstanding warranty items are resolved.
Contract Details
Contract Amount
$10,868,928.24 (general contract adjusted gross amount); $50,000 retainage balance to finish
Vendor
HAUSMANN
Agency
Heartland Community Schools, NE
Contract Type
CONSTRUCTION
Document Date
April 13, 2026
Contract Term
Project budget starting June 20, 2024, through closeout; retainage to be paid after warranty items completed
Renewal Info
Construction contract nearing closeout with retainage held pending warranty completion; no renewal terms noted as this is a one-time capital project.
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