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24-0351

Consideration for approval of FY23-ENG-04 Market St. Elderly Affordable Rental Housing Project located at 810 Sanders Avenue project as complete, approval of change order No.1, a total decrease in the amount of $48,450.00, and an increase in contract time of 32 calendar days to adjust for final project close-out items, release of retainage, and approval of final payment in the amount of $58,677.50 to Midas Contractors, LLC. The final construction contract amount, including this change order, is $1,173,550.00 with a construction contract time of two hundred and twelve (212) calendar days. Funding is available in the Home Investment Partnership Program Fund.

Consent Agenda Passed Introduced February 1, 2024

What this record is

Held by
Midas Contractors, LLC 15 records across this site
Amount
$48K
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
Compared to
$80K – $200K the middle half of 15 other Midas Contractors, LLC contracts; median $100K

construction contracts in TX 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.

Midas Contractors, LLC also holds

Authorizing the City Manager to approve Change Order No. 1 for a reduction of $2,000.00 and release retainage and approved final payment in the amount… $78K Laredo, TX Consideration to renew service contract FY24-064 with Midas Contractors, LLC, of Laredo, Texas in an annual amount of $100,000.00 and $100,000.00 for … $100K Laredo, TX ends Apr 16, 2027 Authorizing City Manager to approve a construction contract to Midas Contractors, LLC utilizing the Buy Board Cooperative Purchasing Contract No. JOC-… $90K Laredo, TX Consideration to renew Contract FY24-010 with the following vendors: 1.Torres Landscaping, Laredo, Texas - in an annual amount up to $105,000.00 (Prim… $105K Laredo, TX ends Sep 12, 2027 Consideration to award contract FY25-063 to Midas Contractors LLC, Laredo, Texas in an annual amount of $65,000.00 for a total contract value of $260,… $260K Laredo, TX ends Jul 3, 2027

All 15 records for Midas Contractors, LLC →

Committee
City Council
Requested by
Engineering
Introduced
February 1, 2024
On agenda
February 20, 2024
Passed
February 20, 2024

Where it was heard

City Council Feb 20, 2024 approve Pass

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