city-of-franklin-inspection-punch-list-april-24-2025_d73.pdf
Performance Surety Released for Centennial Business Park Lot 9
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Description
The City of Franklin is releasing the performance surety for drainage improvements at Centennial Business Park Subdivision, Lot 9, to MA, transitioning it to maintenance phase. The original surety was $319,000.00, with a current amount of $79,7500.00 at the time of inspection.
Contract Details
Contract Amount
$319,000.00 (original), $79,7500.00 (current)
Vendor
MA
Agency
City of Franklin, TN
Contract Type
CONSTRUCTION
Document Date
April 24, 2025
Renewal Info
Surety transitions from performance to maintenance upon release; future actions may include full bond exoneration after maintenance period.
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