Short answer
CADIZ INC (CDZI) filed an 8-K current report with the SEC on July 28, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). $273.8M aggregate guaranteed maximum price for Northern Pipeline pump stations and replacement facilities.
CADIZ INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $273.8M aggregate guaranteed maximum price for Northern Pipeline pump stations and replacement facilities
- Total construction capital budget approximately $403.3M, including $129.5M owner-procured equipment and additional facilities
- Infrastructure expected to support 21,275 acre-feet annually under existing contracts, versus estimated 25,000 acre-feet capacity
- Construction expected to begin in 2026 after financing, permitting and other preconstruction conditions
- GMP protections shift covered-cost overruns to contractors, subject to scope changes, delays and differing site conditions
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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