Town of Paonia Packet Modifications April 2026
MPC Tank Rehabilitation Contract with Liquidated Damages
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Description
Paonia’s 2MG water tank rehabilitation contract with MPC totals about $1,003,416.55, with $793,101.52 paid and work roughly 90 percent complete. Due to missed substantial completion on March 24, 2026, the Town is assessing liquidated damages of $750 per day from March 25 onward.
Contract Details
Contract Amount
$1,003,416.55 (construction contract; $793,101.52 paid to date with retainage and balance remaining)
Vendor
MPC
Agency
Town of Paonia, CO
Contract Type
CONSTRUCTION
Document Date
April 14, 2026
Renewal Info
Contract has been amended via change orders; liquidated damages are being applied for late completion.
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