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HE2S® <br />www.ae2s.com <br />Construction Contract Summary: <br />Construction Contract Budget <br />Expense No. <br />Subtotal <br />Original Construction Contract <br />$31,528,500.00 <br />Change Order No. 1 (Increase) <br />$794,153.71 <br />Total Construction Contract <br />$32,322,653.71 <br />Total Completed and Stored to Date <br />$24,643,720.74 <br />Retainage <br />$1,232,186.04 <br />Total Compensated <br />$23,411,534.70 <br />Balance to Finish Plus Retainage <br />$8,911,119.01 <br />Percent Completed <br />76.2% <br />Note: Summary includes up to Pay Application No. 24. <br />Construction Contract Times <br />Contract Times <br />Date <br />Substantial Completion: <br />Final Completion: <br />May 1, 2025 <br />August 1, 2025 <br />Change Order No. 2 <br />(Increase/Decrease) <br />+ 88 Days <br />Change Order No. 3* <br />(Increase/Decrease) <br />+79 Days (Substantial) <br />+64 Days (Final) <br />Substantial Completion: <br />Final Completion: <br />October 15, 2025 <br />December 31, 2025 <br />*Included in this Change Order No 03 <br />Engineer's Recommendation: <br />AE2S has reviewed the Contractor's request and believes the additional time requested is both reasonable <br />and necessary to support continued quality workmanship and the coordinated completion of all remaining <br />work items. It is the Engineer's recommendation to approve the proposed extension. Granting this <br />additional time will help alleviate scheduling pressure during the critical startup and commissioning <br />phases and support the successful completion of the project. AE2S remains actively engaged in <br />monitoring construction progress and will continue to provide updates as needed to assist the City in <br />making informed decisions. Change Order No. 03 is being submitted to the City for formal consideration <br />and action. Please feel free to contact us with any questions regarding construction progress or this <br />change order. <br />Submitted in Service, <br />AE2S <br />Ryan Hanson, PE <br />Project Engineer <br />Attachments: Magney's Request for Extension of Time memo (dated 5/7/25), Magney's Request for <br />Extension of Time additional information memo (dated 6/17/25), Change Order No. 3 <br />Advanced Engineering and Environmental Services, Inc. <br />6901 East Fish Lake Road, Suite 184 • Water Tower Place Business Center • Maple Grove, MN 55369 • 763-463-5036 <br />