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CONSTRUCTIONAMENDED

Lower Platte North NRD Board of Directors Meeting Agenda May 2026

Thompson seeks reduced retainage on Wahoo dams

Approximately $434,000 retainage originally; proposed reduction to approximately $217,000Morse Bluff villageTHOMPSON CONSTRUCTIONMay 11, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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Description

Thompson Construction has requested a contract amendment on the Wahoo Creek Watershed project to reduce retainage from 10% to 5% through completion on October 14, 2026, releasing roughly $145,000 in withheld funds. The change order would leave about $217,000 in retainage until final completion.

Contract Details

Contract Amount

Approximately $434,000 retainage originally; proposed reduction to approximately $217,000

Vendor

THOMPSON CONSTRUCTION

Agency

Morse Bluff village, NE

Contract Type

CONSTRUCTION

Document Date

May 11, 2026

Contract Term

Through project completion date October 14, 2026

Renewal Date

2026-10-14

Renewal Info

Change order would amend retainage provisions in Article 6 of the construction contract, shifting from 10% to 5% retainage for remaining pay applications through final completion.

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