Water Treatment Plant Contract Amended, $41.8M Guaranteed
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Description
Monticello City Council approved an amendment to the contract with Rice Lake Construction Group, setting the Water Treatment Plant project GMP at $41,775,323 through December 2028. The project is largely grant and utility-funded.
Contract Details
Contract Amount
$41,775,323
Vendor
RICE LAKE CONSTRUCTION GROUP
Agency
Town of Monticello, MN
Contract Type
CONSTRUCTION
Document Date
June 8, 2026
Contract Term
Construction through December 2028
Renewal Date
2028-12-31
Renewal Info
CMAR contract amended to new Guaranteed Maximum Price; construction expected to complete December 2028.
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Monticello City Council Agenda Packet 2026-06-08
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