Department of Natural Resources Awards $1,200,000 Construction Contract to Two Rivers Water & Farming Company (July 2023)

The Colorado Water Conservation Board approved a $1.2 million loan to Two Rivers Water & Farming Company for the rehabilitation of the Orlando Reservoir dam and ditch headgate, with a 20-year term at 2.5% interest. The loan is now delinquent, and the Board is considering issuing a Notice of Default per contract provisions.

Scope & details

The full contract record, as filed.

Contract amount

$1,200,000

Contract type

CONSTRUCTION

Contract term

20 years, approved November 2011

Renewal date

2031-11-01

Renewal

Loan is in repayment; delinquency process includes possible notice of default and foreclosure if uncured after a 30-day period post-notification. No automatic renewal/extension noted.

Document type

Report

Source document

cwcb_board_meeting_report_on_loan_delinquency.pdf

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Colorado Water Conservation Board StaffReport Two Rivers Water & Farming Loan Delinquency 2026-07-15

AWARDED

Colorado Water Conservation Board, Colorado$1,200,000 original principal; $534,472.45 total due as of 12/06/23 (principal $433,011.94, interest $97,660.17, late fee $3,800.34)Jul 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Department of Natural Resources?

Two Rivers Water & Farming Company was awarded this construction contract by Department of Natural Resources, as recorded on July 19, 2023. The contract value is $1,200,000.

How much is the Two Rivers Water & Farming Company contract with Department of Natural Resources worth?

The Two Rivers Water & Farming Company contract with Department of Natural Resources is valued at $1,200,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a report record.

Where was this contract approved?

This contract appears in cwcb_board_meeting_report_on_loan_delinquency.pdf (Report), dated July 19, 2023 from Department of Natural Resources. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Two Rivers Water & Farming Company hold?

Two Rivers Water & Farming Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Department of Natural Resources currently buying?

Explore Department of Natural Resources's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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