Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 3 to the Agreement with BMI Builds LLC, for the Valley Park Building Renovation and Expansion Project, increasing the contract price by the sum of $198,320.00, from $1,795,001.26 to $1,993,321.26, and increasing the contract time by an additional sixty-one (61) calendar days. [Dept. of General Services, Ford]
Summary
Authorization to execute Change Order #3 with BMI Builds LLC for the Valley Park Building Renovation & Expansion in the amount of $198,320.00 increasing the Contract from $1,795,001.26 to $1,993,321.26 to integrate the Parks Site Masterplan, resulting in a sixty-one (61) calendar day change to the Contract time. Funds are Budgeted. (L0725-25)(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: $198,320.00
Annual Impact: $0
Project: VALLEY_PK_2024
Activity: COUNCIL
Budget Reference: 2024
Current Balance: $445,160.24
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 Change Order No. 3, which is attached hereto and incorporated herein by reference, to the Agreement with BMI Builds LLC, for the Valley Park Building Renovation and Expansion Project, increasing the Contract price by the sum of $198,320.00, from $1,795,001.26 to $1,993,321.26, and increasing the Contract time by an additional sixty-one (61) calendar days.
Section 2 - That an amount, not to exceed the sum of $198,320.00, be and hereby is approved for payment to BMI Builds LLC, from account # 1105-707602-91015, pursuant to the terms of the Change Order.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN C...
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