CONSTRUCTIONAPPROVED

City of Lathrop Awards Construction Contract to Well Industries Inc (June 2026)

The City of Lathrop approved acceptance of public improvements constructed by Well Industries, Inc. for the ASR Well Drilling, Development and Testing project under CIP PW 22-36. The final construction cost is $1,702,696, and the action authorizes filing the Notice of Completion, releasing $85,135 in contract retention, and replacing performance and payment bonds with a one-year $171,565 warranty bond.

Status
APPROVED
Document date
June 8, 2026
Contract type
CONSTRUCTION
Vendor
Well Industries Inc
Agency
City of Lathrop · CA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Final construction cost $1,702,696 (original award $1,547,985 plus $154,711 in change orders; 20% contingency of $309,597; contract retention $85,135; one-year warranty bond $171,565)
Contract type
CONSTRUCTION
Contract term
Construction completed June 8, 2026; one-year warranty bond coverage from date of acceptance
Renewal date
2027-06-08
Renewal
Performance and payment bonds are released upon acceptance and replaced with a one-year warranty bond equal to 10% of the construction contract amount ($171,565), covering repairs due to defective materials or workmanship within one year of acceptance.
Document type
StaffReport
Source document
City of Lathrop Staff Report Accept Public Improvements for ASR Well Drilling 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Lathrop?

Well Industries Inc was awarded this construction contract by City of Lathrop, as recorded on June 8, 2026. The contract value is Final construction cost $1,702,696 (original award $1,547,985 plus $154,711 in change orders; 20% contingency of $309,597; contract retention $85,135; one-year warranty bond $171,565).

How much is the Well Industries Inc contract with City of Lathrop worth?

The Well Industries Inc contract with City of Lathrop is valued at Final construction cost $1,702,696 (original award $1,547,985 plus $154,711 in change orders; 20% contingency of $309,597; contract retention $85,135; one-year warranty bond $171,565), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Lathrop Staff Report Accept Public Improvements for ASR Well Drilling 2026-06-08 (StaffReport), dated June 8, 2026 from City of Lathrop. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Well Industries Inc hold?

Well Industries Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Well Industries Inc's profile

What is City of Lathrop currently buying?

Explore City of Lathrop's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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