Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. One (1) to the Agreement with BMI LLC, for the Valley Park Building Renovation and Expansion, in the amount of $157,384.38, increasing the total Contract amount from $1,514,024.88 to $1,671,409.26, with a forty-two (42) calendar day change to the Contract time. [Div. of Facilities and Fleet Management, Baradaran]
Summary
Authorization to execute Change Order #1 with BMI LLC for the Valley Park Building Renovation & Expansion in the amount of $157,384.38, increasing the Contract from $1,514,024.88 to $1,671,409.26 with a (42) calendar day change to the Contract time. Related to underground utilities and roof replacement. Funds are Budgeted. (L1108-24) (Baradaran/Ford)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: N/A
Risk Management: N/A
Fully Budgeted [select]: Yes
Account Number:1105-707602-7221-91015
This Fiscal Year Impact: $157,384.38
Annual Impact: $
Project: VALLEY_PK_2024
Activity: COUNCIL
Budget Reference: 2024
Current Balance: $632,645.12
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 and directed to execute Change Order No.
One (1), which is attached hereto and incorporated herein by reference, to the Agreement with BMI LLC, for the Valley Park Building Renovation and Expansion, increasing the total contract amount by $157,384.38, raising the total contract amount from $1,514,024.88 to $1,671,409.26, with an additional forty-two (42) calendar days included to the contract time.
Section 2 - That an amount, not to exceed the additional sum of $157,384.38, is hereby authorized for payment to BMI LLC, from account # 1105-707602-91015, pursuant to the terms of Change Order No. 1.
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
1108-24:GET:4886-3446-9366, v. 1