title
PROPOSED PAYMENT APPROVAL
Department(s): Department of Capital Planning and Policy
Action: Request to Authorize Payment
Payee: Pagoda Electric & Construction, Inc. / Cornerstone Contracting, Inc. Joint Venture 1, Chicago, Illinois
Good(s) or Service(s): Outstanding Contract Balance- Demolition of Divisions 1 and 1A, DOC Campus
Fiscal Impact: FY 2026 $3,366,993.52
Accounts: 11569.1031.11190.560107.00000.00000 (Capital Improvement Program)
Contract Number(s): 1885-17467
Summary: The Department of Capital Planning and Policy requests authorization to issue final payment for all outstanding balances associated with the completed demolition of Divisions 1 and 1A at the DOC Campus, including: (1) the Balance to Finish and retained funds under the base contract, (2) unpaid balances for owner-requested and approved change orders, and (3) compensation for approved additional services. These costs were incurred during the transition period between contract expiration and final project acceptance and are attributable to work performed under the original contract. The requested payment reflects invoices submitted following contract expiration but prior to final project closeout.
Contract Number(s) Vendor Name Amount
{1885-17467 Pagoda-CCI Joint Venture 1 $3,366,993.52
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