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AI- 26907
24.I.1.
CC REGULAR
Meeting Date:
06/14/2011
Submitted For:
Agapito Vargas
Submitted By:
Yvette Islas, PURCHASING DEPT.
Department:
PURCHASING DEPT.

Information

CAPTION

Pursuant to Hidalgo County's approved procurement packet, Information to Bidders, #8 “Liquidated Damages for Failure to enter into Contract”, requesting approval for Hidalgo County (owner) to retain forfeited Bid Bond as liquidated damages for such failure to execute and deliver the contract and bonds required for Sueña Subdivision in the form of a cashier’s check in the amount of $11,050.00 submitted by SDM Partners.

BACKGROUND


Fiscal Impact

FISCAL YEAR:
ACCT. #:
FUNDS AVAILABLE Y/N?:
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Recovery and retaining of bid bond will defray expenditures associated with the re-letting of project.

Attachments

Form Review

Inbox Reviewed By Date
Purchasing / Internal msalazar 06/03/2011 01:07 PM
Budget and Management Erika Zamora 06/03/2011 02:12 PM
Auditor's Office 06/10/2011 03:22 PM
Form Started By:
yislas
Started On:
06/01/2011 11:39 AM
Final Approval Date:
06/10/2011