TRWD Reduces Retainage for BAR Constructors Contract
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Description
Tarrant Regional Water District will adjust the retainage held under its $54.1 million construction contract with BAR Constructors, Inc. for the Lake Palestine Pump Station Intake and Wetwell Package 1 to $1,172,408.86, equal to twice the value of remaining work. The change releases approximately $1.53 million in retainage while preserving financial protection until final completion.
Contract Details
Contract Amount
$1,172,408.86 (retainage to be held; $1,533,335.31 retainage released; total contract $54,114,883.34)
Vendor
BAR CONSTRUCTORS INC
Agency
TARRANT REGIONAL WATER DISTRICT A WCID, TX
Contract Type
CONSTRUCTION
Document Date
May 15, 2026
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Issuing Agency
Utility District
Fort Worth, TX
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