City of Mineral Point Common Council Meeting Agenda Packet May 2026
Council Considers First Payment to Rule Construction
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Description
The City of Mineral Point is considering Pay Application #1 from Rule Construction, Ltd. for $692,445.00 for utility and street construction associated with the 2026 infrastructure improvements on South and Commerce Streets. The payment covers work performed between April 1 and May 5, 2026 under a contract totaling $1,970,857.50.
Contract Details
Contract Amount
$692,445.00 (Pay Application #1 on contract totaling $1,970,857.50)
Vendor
RULE CONSTRUCTION LTD
Agency
City of Mineral Point, WI
Contract Type
CONSTRUCTION
Document Date
May 12, 2026
Contract Term
Application period April 1, 2026 to May 5, 2026
Renewal Info
Construction contract total for Contract #1 with Alternate A is $1,970,857.50 with 5% retainage; Pay Application #1 is the initial progress payment and does not modify contract price.
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