Discussion and Consideration of Pay Application #2 – Tricon Construction Group, Water Treatment Plant Upgrades – Motion to Approve

Contractor's Application for Payment Owner: City of Tiffin Engineer: MSA Professional Services Contractor: Tricon Construction Group Project: Water Treatment Plant Upgrades - City of Tiffin Contract: Water Treatment Plant Upgrades Owner's Project No.: ____________________________ Engineer's Project No.: 13603016 Contractor's Project No.: ____________________________ Application No.: 2 Application Date: 9/26/2025 Application Period: From 7/31/2025 to 9/30/2025 <table> <tr> <th> </th> <th> </th> <th> </th> </tr> <tr> <td>1. Original Contract Price</td> <td>$12,182,553.00</td> <td></td> </tr> <tr> <td>2. Net change by Change Orders</td> <td>$12,420.34</td> <td></td> </tr> <tr> <td>3. Current Contract Price (Line 1 + Line 2)</td> <td>$12,194,973.34</td> <td></td> </tr> <tr> <td>4. Total Work completed and materials stored to date<br>(Sum of Column G Lump Sum Total and Column G Unit Price Total)</td> <td>$801,683.84</td> <td></td> </tr> <tr> <td>5. Retainage<br>a. 5% X $801,683.84 Work Completed<br>b. 5% X $- Stored Materials<br>c. Total Retainage (Line 5.a + Line 5.b)</td> <td>$40,084.19<br>$-</td> <td>$40,084.19</td> </tr> <tr> <td>6. Amount eligible to date (Line 4 - Line 5.c)</td> <td>$761,599.65</td> <td></td> </tr> <tr> <td>7. Less previous payments (Line 6 from prior application)</td> <td>$458,122.32</td> <td></td> </tr> <tr> <td>8. <b>Amount due this application</b></td> <td>$303,477.33</td> <td></td> </tr> <tr> <td>9. Balance to finish, including retainage (Line 3 - Line 4, plus 5c)</td> <td>$11,433,373.69</td> <td></td> </tr> </table> Contractor's Certification The undersigned Contractor certifies, to the best of its knowledge, the following: Contractor: Tricon Construction Group Signature: Mary K. Stone Date: 9/26/25 PAYMENT OF: $303,477.33 (line 8 or other - attach explanation of the other amount) Recommended by Engineer By: [signature] Title: Senior Project Engineer Date: 9/29/2025 Approved by Funding Agency By: ____________________________ Title: ____________________________ Date: ____________________________ Approved by Owner By: ____________________________ Title: ____________________________ Date: ____________________________ Date: ____________________________