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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 Rice Lake Construction Group (hereinafter
called CONTRACTOR).
OWNER and
CONTRACTOR, in consideration of the mutual covenants hereinafter
set forth, agree as follows:
CONTRACTOR
shall complete all Work as specified or indicated in the Contract
Documents. The Work is generally described as follows:
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A.
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Construction of pumping station and
building and associated work.
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B.
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Construction of river intake
structure.
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C.
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Construction of piping from pumping
station to river intake structure.
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D.
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Installation of pumps, piping,
electrical, controls and associated equipment and work for the
pumping station.
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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:
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Lump Sum of
$2,133,000.00 (Two million one hundred thirty-three thousand and
no/100 DOLLARS)
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( With Bid
Schedule Attachment)
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M21.38035 — Granite Falls Energy,
LLC
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AGREEMENT
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MN River Water Supply Facility-Granite Falls,
MN
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PAGE 1
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ARTICLE 5.
PAYMENT PROCEDURES.
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