Orange County NC Website
211 <br /> 1 <br /> Proposed Amendment to the <br /> 2022 Lumos Contract <br /> • Lumos would be paid a total of $5.2 million over three installments 4 <br /> • $2.6 million at the first milestone of 199 homes completed <br /> A•� r`I <br /> • $1 .3 million at the second milestone of 111 homes completed <br /> • $1 .3 million at the third milestone of 355 homes completed _ <br /> • A total of 665 homes completed <br /> The proposed amendment to the 2022 Lumos contract will: <br /> • Reduce total broadband passings in the original contract from 6,370 to 5,852 <br /> • Extend completion deadline to July 1,2026 <br /> • Revise the disbursement schedule (subject to change) <br /> ., <br /> • Revise the payment terms from 30 days to 15 days once work is completed <br /> • Remove 600 addresses from the County contract <br /> BlaqOsp <br /> is <br />