Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute an extension of Facilities Management Services Contract with Meridian Management Corporation for Facility Management Services at the Fayette County Courthouses, extending the contract term by one (1) year, at a cost of $924,250.68 for services provided January 13, 2018, through January 12, 2019, and authorizing four (4) additional one-year renewals at the same price, adjusted annually in accordance with the Consumer Price Index. [Office of the Chief Administrative Officer, Hamilton]
Summary
Authorization to execute an amendment to Contract # 692-2012 to accept a price increase with Meridian Management Corporation for Facility Management Services for Fayette County Courthouses. This Fiscal Year impact is $12,329.34. Funds are Budgeted. (L0074-18) (Hamilton)
Budgetary Implications: Yes
Advance Document Review: No
Fully Budgeted: Yes
Account Number: 4022-707501-7044-71299
This Fiscal Year Impact: $12,329.34
Annual Impact:
Project:
Activity:
Budget Reference:
Current Balance: $100,408.00
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute the Extension of Facilities Management Services Contract, which is attached hereto and incorporated herein by reference, with Meridian Management Corporation for facility management services at the Fayette County Courthouses, extending the term of the Contract by one (1) year, and providing for four (4) additional one-year renewals at the same price, adjusted annually in accordance with the U.S. Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, South Region.
Section 2 - That an amount not to exceed the sum of $924,250.68 be and hereby is approved for payment to Meridian Management Corporation from account 4022-707501-7044-71299 for services performed January 13, 2018, through January 12, 2019, and such further amounts as May be due for future annual renewals.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL