**Exhibit 10.2****CONTRACTOR AGREEMENT**          THIS AGREEMENT made this 1st day of May 2006, by and between Walsh-Hohensteinand Hohenstein Construction Co. hereinafter called the Contractor, and Siouxland Ethanol LLChereinafter called the Owner.          WITNESSED, that the Contractor and the owner for the considerations named agree as follows:          ARTICLE 1. SCOPE OF WORK          The Contractor shall furnish all of the material and perform all of the labor shown on thedrawings as it pertains to the construction of the Siouxland Ethanol Office Building on theproperty located at: 1501 Knox Blvd. Jackson, NE 68734          ARTICLE 2. TIME OF COMPLETION          The work to be performed under this Contract shall be commenced on or before May 1, 2006 timeis of the essence. It shall be substantially completed on or before APROX. October 1st,2006.          ARTICLE 3. THE CONTRACT PRICE          The Owner shall pay the Contractor for the material and labor to be performed under theContract the sum of $275,530.00, subject to additions and deductions pursuant to authorized changeorders.          ARTICLE4. THE PROGRESS PAYMENTS          Payments of the Contract price shall be paid in the manner following:          Draw requests shall be submitted for payments as items of construction are completed and approvedby Owner & Contractor.          -15% at the completion of the foundation & approved by Owner.          -15% at completion of the framing & approved by Owner.          -15% after enclosed with window, siding, stone, and roofing & approved by Owner.          -15% after all electric, plumbing, mechanical, misc. wiring, rough in is complete &approved by Owner.          -15% after completion of insulation, tape and texturing & approved by Owner.          -15% after completion of trim and mill work & approved by Owner.          -10% at final completion & Owner walk through.          ARTICLE 5. GENERAL PROVISIONS 1. All work shall be completed in a workmanship like manner and in compliancewith all building codes and other applicable laws.  2. To the extent required by law individuals duly licensed and authorized by lawto perform said work shall perform all work.
 

 
 3. Contractor may at its discretion engage subcontractors to perform workhereunder, provided Contractor shall fully pay said subcontractor and in all instancesremain responsible for the proper completion of this Contract.  4. Contractor shall furnish Owner appropriate releases or lien waivers for allwork performed and materials provided before the next periodic payment shall bereceived.  5. All change orders shall be in writing and signed by both Owner and Contractorand entered for payment after completion & approved by the Owner.  6. Contractor warrants it is adequately insured for injury to its employees andothers incurring loss or injury as a result of the acts of Contractor or its employeesof subcontractors.  7. Contractor shall agree to remove all debris and leave the premises in broomclean condition.  8. Contractor shall at its own expense obtain all permits necessary for the workto be performed.  9. In the event Owner shall fail to pay any periodic or installment payment duehereunder, Contractor may cease work without breech pending payment or resolution ofany dispute.  10. All disputes hereunder shall be resolved by binding arbitration in accordancewith rules of American Arbitration Association.  11. Contractor shall not be liable for any delay due to circumstances beyond itscontrol including weather, strikes, or general unavailability of materials.          ARTICLE 6. SIGN PERMITTED ON THE PREMISES          Contractor shall have the right to maintain a sign on Owner’s premises during theconstruction.          ARTICLE 7. EXPRESS WARRANTY & EXCLUSION OF IMPLIED WARRANTIES          Contractor warrants the construction and materials for a period of one (1) year aftercompletion of the Project against defects arising or resulting from faulty workmanship ormaterials furnished by Contractor. Contractor’s liability hereunder shall be limited onlyto the repair or replacement of the defective material and workmanship. This warrantyshall be void if the Project is altered by anyone other than the Contractor and, in noevent, shall the contractor be liable for special and consequential damages or for delay inperformance under this warranty due to causes beyond Contractor’s control. Owner shall beresponsible for maintaining Owner’s property and the Project. Contractor shall not beliable for special and consequential damages caused by or dealy in performance Owner’sresponsibilities. Owner shall give notice of observed defects with reasonable promptness.Any manufacture’s warranty or guarantee received by the Contractor on behalf of the Ownershall be given to Owner upon request, or at the time final payment to Contractor isreceived.          ARTICLE 9. OTHER TERMS 1. Electrical allowance — $18,831.00