K-3 - Change Order 1 - Rathje Construction - Original Town Phase 3

CHANGE ORDER DATE: 2, August, 2024 Change Order No: 1 (ONE) Agreement Date: 12/14/2023 PROJECT: Original Town Urbanization – Phase 3 HFC #18218.131 OWNER: Tiffin, IA CONTRACTOR: Rathje Construction Co. DESCRIPTION OF CHANGES TO CONTRACT DOCUMENTS: Unstable subgrade materials have been encountered on the project. An additional 6-inches of subbase material with geogrid is recommended, similar to the work on the Phase Two project. See attachment for details. CONTRACT PRICE CHANGES: Original CONTRACT PRICE: $2,134,856.90 CONTRACT with LAST CHANGE ORDER: $2,134,856.90 THIS CHANGE ORDER AMOUNT: $36,819.89 NEW CONTRACT PRICE: $2,1871,676.79 CONTRACT TIME CHANGES CONTRACT TIME (increased)(decreased): 8 Days NEW Completion Date: September 13, 2025 APPROVALS REQUIRED: To be effective this Order must be approved by the OWNER. OWNER: ________________________________ CONTRACTOR: See Attached ENGINEER: ________________________________