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CONSTRUCTION AGREEMENT

Construction Agreement

CONSTRUCTION AGREEMENT 

 | Document Parties: GRANITE FALLS ENERGY, LLC You are currently viewing:
This Construction Agreement involves

GRANITE FALLS ENERGY, LLC

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Title: CONSTRUCTION AGREEMENT
Date: 1/29/2007

CONSTRUCTION AGREEMENT 

, Parties: granite falls energy  llc
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EXHIBIT 10.18

AGREEMENT

MN River Water Supply Facility

Granite Falls Energy, LLC
Granite Falls, MN

THIS AGREEMENT is dated as of the 16th day of August in the year 20 06 by and between Granite Falls Energy, LLC (hereinafter called OWNER) and Wagner Construction (hereinafter called CONTRACTOR).

OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows:

ARTICLE 1. WORK.

CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows:

 

A.

 

Construction of piping from existing Granite Falls Energy, LLC watermain to the raw water pumping station and associated work.

ARTICLE 2. ENGINEER.

The Project has been designed by Bolton & Menk, Inc., Consulting Engineers, 1960 Premier Drive, Mankato, MN 56001, who is hereinafter called ENGINEER and who is to act as OWNER’S representative, assume all duties and responsibilities and have the rights and authority assigned to ENGINEER in the Contract Documents in connection with completion of the Work in accordance with the Contract Documents.

ARTICLE 3. CONTRACT TIME.

3.1. The project will be operational by December 31, 2006. Final restoration work will be completed by May 2007.

ARTICLE 4. CONTRACT PRICE.

4.1.

 

OWNER shall pay CONTRACTOR for completion of the Work in accordance with the Contract Documents in current funds as follows:

 

 

 

 

 

 

Lump Sum of $251,168.50 (Two hundred fifty-one thousand one hundred sixty-eight and 50/100 DOLLARS)

 

 

 

( With Bid Schedule Attachment)

 

 

 

 

 

 

 

 

 

 

 

 

M21.38035 — Granite Falls Energy, LLC

 

AGREEMENT

MN River Water Supply Facility-Granite Falls, MN

 

PAGE 1

 


 

ARTICLE 5. PAYMENT PROCEDURES.

CONTRACTOR shall submit Applications for Payment on a monthly basis for the work completed. Applications for Payment will be processed by ENGINEER to the OWNER. T


 
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