OTHERAMENDED

Performance Bond for Seagrass Phase I Reduced

The City of Punta Gorda approved a reduction in the performance bond for Seagrass Phase I, submitted by BF-KL Seagrass, LLC, from $6,865,821.82 to $123,481.60. The adjustment reflects substantial completion of subdivision improvements, with the bond now covering only remaining work as verified by new engineering estimates.

Document date · October 16, 2024

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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
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
$6,865,821.82 (original performance bond); $123,481.60 (reduced performance bond)
Contract type
OTHER
Renewal
Bond reduction approved via City Council Resolution No. 3799-2024. Amendments reflect updated Engineer's estimates for incomplete work. Further reductions or releases possible upon additional completion.
Document type
Resolution
Source document
city_of_punta_gorda_resolution_3799_2024_seagrass.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Punta Gorda?

Bf-kl Seagrass Llc was awarded this government contract by City of Punta Gorda, as recorded on October 16, 2024. The contract value is $6,865,821.82 (original performance bond); $123,481.60 (reduced performance bond).

How much is the Bf-kl Seagrass Llc contract with City of Punta Gorda worth?

The Bf-kl Seagrass Llc contract with City of Punta Gorda is valued at $6,865,821.82 (original performance bond); $123,481.60 (reduced performance bond).

What type of contract is this?

This is a government contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city_of_punta_gorda_resolution_3799_2024_seagrass.pdf (Resolution), dated October 16, 2024 from City of Punta Gorda. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bf-kl Seagrass Llc hold?

Bf-kl Seagrass Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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