CONSTRUCTIONAPPROVED

City of Waverly Awards $4,649,819 Construction Contract to Smetter Development Llc (November 2024)

Waverly approved a subdivision agreement with Smetter Development, LLC for the Waverly Ridge Estates final plat. Developer placed a $4,649,819 escrow with Union Bank & Trust to ensure completion of required public improvements within two years.

Status
APPROVED
Document date
November 26, 2024
Contract type
CONSTRUCTION
Vendor
Smetter Development Llc
Agency
City of Waverly · NE

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$4,649,819
Contract type
CONSTRUCTION
Contract term
2 years for public infrastructure completion per subdivision agreement
Renewal date
2026-11-26
Renewal
Escrow deadline aligns with required improvement completion within 2 years of final plat approval. Individual improvement bonds/escrows for each infrastructure element may have distinct completion triggers.
Document type
Meeting Minutes
Source document
town-of-waverly-meeting-minutes-2024-11-26_030.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Waverly?

Smetter Development Llc was awarded this construction contract by City of Waverly, as recorded on November 26, 2024. The contract value is $4,649,819.

How much is the Smetter Development Llc contract with City of Waverly worth?

The Smetter Development Llc contract with City of Waverly is valued at $4,649,819, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-waverly-meeting-minutes-2024-11-26_030.pdf (Meeting Minutes), dated November 26, 2024 from City of Waverly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Smetter Development Llc hold?

Smetter Development 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 Smetter Development Llc's profile

What is City of Waverly currently buying?

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

View City of Waverly's profile

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