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5.3a ERMUSR 10-12-2021HANDOUT ATMEETING-FINANCIAL CONISTRUCTION October 8, 2021 Chris Kerzman Engineering Manager Elk River Municipal Utilities 1705 Main Street Elk River, MN 55330-0430 RE: Elk River Municipal Utilities Field Services Building Project Financial Updates Dear Mr. Kerzman; Per our recent conversations, please find below an update to the overall project financial status. Current contract value - $12,148,455.12 Remaining Contingency Amount - $153,380.06 Approved Change Orders - $-32,470.88 Changes Being Priced - $213,333.35 Subcontractor Allowances Remaining $350,000.00 If you should have any questions, please contact by phone at 952-334-8925. Sincerely � 1 Jus in Rice Se for Project Manager