CADIZ INC 8K

Fenner Gap Mutual Water Company executed a CMAR contract with Mike Bubalo Construction to deliver the Mojave Water Bank Northern Pipeline Project under a guaranteed maximum price and defined schedule and risk-sharing terms.

Fenner Gap Mutual Water Company entered into a long-form Construction Management At-Risk (CMAR) Agreement effective July 27, 2026 with Mike Bubalo Construction Co., Inc. for the Mojave Water Bank Project’s Northern Pipeline Facilities near Cadiz, California, under which the contractor will provide Phase 1 preconstruction and Phase 2 construction services to repurpose and/or replace roughly 90 miles of an existing 30-inch oil and gas pipeline with 36-inch steel pipe supplied by the owner, subject to a guaranteed maximum price structure tied to an $80 million approved project budget, defined contract time of 610 days, liquidated damages and early-completion incentives, and detailed provisions for risk sharing, labor compliance, and limitation of liability.

Filing Facts

CIK

727273

Ticker

-

Form

8K

Source Type

sec

Accession

0001213900-26-082311

Alert Tier

6