City of Bowie Council Meeting Agenda Packet February 2026
Bond Reduced for South Lake Storm Drain Improvements
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Description
City Council voted to approve a 50% reduction of the performance bond held by South Lake Partners LLC for public improvements at the South Lake Storm Drain (Roads C, D, and E), totaling $801,883.50, upon partial completion and inspection.
Contract Details
Contract Amount
$801,883.50 (bond reduction from $1,603,767.00 performance bond)
Vendor
SOUTH LAKE PARTNERS LLC
Agency
City of Bowie, MD
Contract Type
CONSTRUCTION
Document Date
February 17, 2026
Renewal Info
50% of bond remains in place until completion. Further reduction expected upon project completion.
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