K-2 - Pay Estimate 2 - Shawver Well Company - Well 5 Improvements

SUMMARY <table> <tr> <th></th> <th>Total Approved</th> <th>Total Completed</th> </tr> <tr> <td>Contract Price</td> <td>$ 296,015.00</td> <td>$ 287,757.00</td> </tr> <tr> <td rowspan="2">Approved Change Order (list each)</td> <td>Change Order No. 1</td> <td>$ 2,720.00</td> <td>$ 1,292.00</td> </tr> <tr> <td>Change Order No. 2</td> <td>$ 37,000.00</td> <td>$ 37,000.00</td> </tr> <tr> <td colspan="2">Revised Contract Price</td> <td>$ 335,735.00</td> <td>$ 326,049.00</td> </tr> </table> Stored Total Earned $ 326,049.00 Retainage (5%) $ 16,302.45 Total Earned Less Retainage $ 309,746.55 <table> <tr> <th>Total Previously Approved (list each)</th> <th>Pay Estimate No. 1</th> <th>$ 131,062.95</th> </tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> <tr><td></td><td></td><td></td></tr> </table> Total Previously Approved $ 131,062.95 Amount Due This Request $ 178,683.60 Percent Complete 97% The amount $178,683.60 is recommended for approval for payment in accordance with the terms of the contract. Prepared By: Shawver Well Company, Inc. Signature: Ryan Budgie Name: Ryan Budgie Title: President Date: 01/25/22 Recommended By: Veenstra & Kimm, Inc. Signature: Dave Schechinger Name: Dave Schechinger Title: Engineer Date: June 27, 2022 Approved By: Tiffin, Iowa Signature: ______________________ Name: _______________________ Title: _______________________ Date: _______________________