FINANCIAL_SERVICESAPPROVED

Town of Worthington Awards Financial Services Contract to Derocher Brothers Construction Llc (July 2026)

Worthington City Council approved a $180,000.00 payment to DeRocher Brothers Construction, LLC under a market rate rental housing financial assistance package. The payment corresponds to 12 units in Building No. 1, with total eligibility of up to 36 units at $15,000.00 per unit.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Derocher Brothers Construction Llc
Agency
Town of Worthington · MN

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$180,000.00 (first building; up to $540,000.00 total at $15,000.00 per unit for 36 units)
Contract type
FINANCIAL_SERVICES
Contract term
Payment upon issuance of certificates of occupancy for up to 36 apartment units; first building certificate issued July 1, 2026
Renewal
Part of an earlier-approved assistance program offering $15,000.00 per unit up to 36 units; additional prorated payments may be made as certificates of occupancy are issued for remaining units.
Document type
Minutes
Source document
Worthington City Council Minutes 2026-07-13

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Worthington?

Derocher Brothers Construction Llc was awarded this financial services contract by Town of Worthington, as recorded on July 13, 2026. The contract value is $180,000.00 (first building; up to $540,000.00 total at $15,000.00 per unit for 36 units).

How much is the Derocher Brothers Construction Llc contract with Town of Worthington worth?

The Derocher Brothers Construction Llc contract with Town of Worthington is valued at $180,000.00 (first building; up to $540,000.00 total at $15,000.00 per unit for 36 units), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Worthington City Council Minutes 2026-07-13 (Minutes), dated July 13, 2026 from Town of Worthington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Derocher Brothers Construction Llc hold?

Derocher Brothers Construction Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Derocher Brothers Construction Llc's profile

What is Town of Worthington currently buying?

Explore Town of Worthington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Worthington's profile

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