Final Retainage Payment to Holstein Electric Approved
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Description
The City of Shenandoah approved a final retainage payment of $7,120.55 to Holstein Electric, to be released June 12, 2026, for the standby generator project at Wells 87-1 and 87-2. This payment closes out all financial obligations on the completed project.
Contract Details
Contract Amount
$7,120.55
Vendor
HOLSTEIN ELECTRIC
Agency
City of Shenandoah, IA
Contract Type
CONSTRUCTION
Document Date
May 12, 2026
Contract Term
Retainage payable June 12, 2026 (31 days after final acceptance)
Renewal Date
2026-06-12
Renewal Info
Final retainage payment scheduled 31 days after final acceptance; no further contract extensions indicated.
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