CONTRACTRECOMMENDED

Janesville Recommends Infrastructure MOU With DK Partnership

City of Janesville logoCity of Janesville
Disclosed value
Not to exceed $545,000.00 reimbursement for the additional cost of constructing the roundabout; developer must also provide a $3,258,355 letter of credit or cash deposit
From agreement
Document date
Oct 25, 2026

The 30-second brief

What it covers

Janesville officials recommended approving a Memorandum of Understanding with DK Partnership, LLP to extend streets, utilities, sidewalks, lighting, and related infrastructure for McCormick Crossing Phase 1. The City would reimburse the developer up to $545,000 for the added roundabout cost, while the developer would construct the improvements and provide financial security for completion.

Who holds it

Dk Partnership LLP holds this contract with City of Janesville.

What happens next

Term as filed: Effective upon Common Council approval; estimated public improvement construction from November 9, 2026 through May 2027, with all sidewalks due by October 1, 2031.

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Contract details

Amount
Not to exceed $545,000.00 reimbursement for the additional cost of constructing the roundabout; developer must also provide a $3,258,355 letter of credit or cash deposit
Document date
October 25, 2026
Term
Effective upon Common Council approval; estimated public improvement construction from November 9, 2026 through May 2027, with all sidewalks due by October 1, 2031
Source document
City of Janesville Agreement Memorandum of Understanding Agreement to extend public infrastructure at McCormick Crossing Phase 1 2026-10-26 (Agreement)

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Questions about this contract

Who was awarded the government contract by City of Janesville?

Dk Partnership LLP was awarded this government contract by City of Janesville, as recorded on October 25, 2026. The contract value is Not to exceed $545,000.00 reimbursement for the additional cost of constructing the roundabout; developer must also provide a $3,258,355 letter of credit or cash deposit.

How much is the Dk Partnership LLP contract with City of Janesville worth?

The Dk Partnership LLP contract with City of Janesville is valued at Not to exceed $545,000.00 reimbursement for the additional cost of constructing the roundabout; developer must also provide a $3,258,355 letter of credit or cash deposit.

What type of contract is this?

This is a government contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Janesville Agreement Memorandum of Understanding Agreement to extend public infrastructure at McCormick Crossing Phase 1 2026-10-26 (Agreement), dated October 25, 2026 from City of Janesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Dk Partnership LLP hold?

Dk Partnership LLP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Janesville currently buying?

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

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