Payment Report

Los Angeles County Public Works
Project Management Division III
Progress Payment 7

Project Name:	120th Street Traffic Signal Safety Project
Contractor:	Comet Electric, Inc.
	21625 Prairie Street
	Chatsworth, CA 91311

Project ID:	TDS0001708
Federal Number(s):	HSIPL-5953 (755)
Original Contract:	$1,446,159.27
Awarded:	6/30/2023
Period Ending:	4/15/2026

Item No.	Description	Bid Qty	Units	Total Qty.	Previous Qty.	Current Qty.	Unit Price	Current Amount
15	PCC CURB RAMPS	34.00	CY	0.00	15.21	-15.21	$725.00	($11,027.25)

DEDUCTION DETAIL

There are NO deductions this period

There are NO deductions this period

FINANCIAL SUMMARY

	Total	Previous	Current
Earned	$1,374,732.28	$1,385,759.53	($11,027.25)
Retained	$58,260.73	$69,287.98	($11,027.25)
Deducted	$0.00	$0.00	$0.00
Due	$1,316,471.55	$1,316,471.55	$0.00

During the initial processing of this Engineer's Monthly Estimate, the current earnings were found to be less than the combined total of the current retention and current deductions resulting in a "negative payment" condition. In order to resolve the condition, the total retention amount for this project has automatically been decreased by $11,027.25

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