Wild Dunes to place $12M escrow for beach works
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Description
Wild Dunes Community Association will escrow up to $12 million for its share of the joint beach restoration project with the City of Isle of Palms, funding 53% of the northern project costs.
Contract Details
Contract Amount
53% of total northern portion construction costs, not to exceed $12,000,000 (escrow contribution)
Vendor
WILD DUNES COMMUNITY ASSOCIATION
Agency
City of Isle of Palms, SC
Contract Type
OTHER
Document Date
February 1, 2026
Contract Term
Escrow deposit due within 30 days of bid receipt, project completion per permit
Renewal Info
Escrow replenishment permitted by mutual agreement and amendment; unused escrow returned or converted; no automatic renewal.
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