Buffalo Council Releases Some Retainage Money

Buffalo’s City Council voted to release 50% of the remaining retainage funds to Barnum Construction which were held by the city concerning the Buffalo Business Park project.

City Works Director Les Hook explained to the council what Barnum was requesting from the city and why.

Brent Bennett, with Nelson Engineering, explained further.

Bennett said if the city chose to release 50% of the retainage, what they were holding is still more than the amount of work that needs to be completed in the spring.

The council voted to release just over $94,000 to Barnum Construction, with an equal amount retained by the city.

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