Communication from the City Manager and Director of Public Works with a Request for the Following: A. ADOPT an ORDINANCE Amending the CITY OF PEORIA 2018-2019 BIENNIAL BUDGET Relating to the Capital Fund to Recognize the Receipt of a Private Donation through the DOWNTOWN DEVELOPMENT CORPORATION and Corresponding Expenditures for the RIVERFRONT VILLAGE DEMOLITION PROJECT, in the Amount of $1,584,000.00. B. ACCEPT the LOW BID from N.E.FINCH CO. and Award a Construction CONTRACT, in the Amount of $1,584,000.00, for the Base Bid of $1,440,000.00 plus 10% for Contingency, for the RIVERFRONT VILLAGE DEMOLITION PROJECT. (Council District 1)

What this record is

Amount

$1.58M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

Field

Construction

construction contracts in IL that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Requested by

Public Works

Introduced

January 12, 2018

On agenda

March 13, 2018

Passed

March 13, 2018

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