Poway

City Council

February 07, 2023 Item #7

Agenda Item 7

7. Acceptance of the Lester J. Berglund Water Treatment Plant Clearwell Bypass Project, Bid No. 21020 with G.S.E. Construction Company, Inc. as Complete and Update on the Water Infrastructure\nImprovement Program\nCity Manager’s Recommendation: It is recommended the City Council 1) accept the Lester J.\nBerglund Water Treatment Plant Clearwell Bypass Project as complete; 2) authorize the City Clerk\nto file and record the Notice of Completion; 3) authorize the release of the retention in the amount\nof $379,131.75 if unencumbered, 45 days after City Council acceptance; 4) release the Fidelity and\nDeposit Company of Maryland Bond for Material and Labor in the amount of $7,273,700.00 after\nthe release of retention; and 5) retain the Fidelity and Deposit Company of Maryland Bond for\nFaithful Performance for a period of one year.