Charlestown Hwy 62 Sanitary Sewer Draw Approved for $408k
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Description
GM Development Companies LLC received Board approval for a $408,183.27 disbursement under the Highway 62 Lift Station BOT Agreement, as part of the ongoing $3.83 million sanitary sewer construction and engineering project.
Contract Details
Contract Amount
$408,183.27 (current request); Original Contract $3,746,395.00; Added Scope $88,430.00; Total $3,834,825.00
Vendor
GM DEVELOPMENT COMPANIES LLC
Agency
Town of Charlestown, IN
Contract Type
CONSTRUCTION
Document Date
February 19, 2026
Renewal Date
2027-01-05
Renewal Info
Part of multi-year, draw-based BOT Agreement contract. Original value $3,746,395; scope added totaling $88,430; ongoing progress draws. Remaining to bill: $1,366,464.72. No explicit renewal clause identified.
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