City of Ridgetop city Awards $80,000 Maintenance Letter Of Credit Contract to J B Gibbs & Son Construction (February 2024)
City of Ridgetop cityCity · TN- Disclosed value
- $80,000
- From meeting minutes
- Approved
- Feb 20, 2024
- Term
- 1 year
The 30-second brief
City of Ridgetop approves a one-year maintenance letter of credit for J.B. Gibbs & Son Construction Company in the amount of $80,000, representing 20% of the Lake Road Sewer Project cost. This action ensures project quality and provides a financial safeguard for potential maintenance needs.
J B Gibbs & Son Construction holds this maintenance letter of credit contract with City of Ridgetop city.
Term as filed: 1 year.
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Contract details
- Contract type
- Maintenance Letter Of Credit
- Amount
- $80,000
- Document date
- February 20, 2024
- Term
- 1 year
- Vendor
- J B Gibbs & Son Construction
- Agency
- City of Ridgetop city
- Source document
- city-of-ridgetop-city-meeting-minutes-2024-02-20_a66.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the maintenance letter of credit contract by City of Ridgetop city?
J B Gibbs & Son Construction was awarded this maintenance letter of credit contract by City of Ridgetop city, as recorded on February 20, 2024. The contract value is $80,000.
How much is the J B Gibbs & Son Construction contract with City of Ridgetop city worth?
The J B Gibbs & Son Construction contract with City of Ridgetop city is valued at $80,000, covering maintenance letter of credit work.
What type of contract is this?
This is a Maintenance Letter Of Credit contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-ridgetop-city-meeting-minutes-2024-02-20_a66.pdf (Meeting Minutes), dated February 20, 2024 from City of Ridgetop city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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