Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 3 to the Contract with Olympic Construction, LLC, for the Fire Station #24 Construction Project, increasing the contract price by the sum of $99,855.58 from $4,424,544.43 to $4,524,400.01. [Dept. of General Services, Reed]
Summary
Authorization to execute Change Order #3 with Olympic Construction LLC in the amount of $99,855.58 for the Fire Station #24 Construction Contract #296-2017. The new contract amount including this change order is $4,524,400.01. Funds are budgeted. (L0717-18) (Baradaran/Hamilton)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 2607-505704-5742-90511
This Fiscal Year Impact: $99,855.58
Annual Impact: $0
Project: FIRE_STA24_2017
Activity: CONSTRUCT
Budget Reference:
Current Balance: $596,516.63
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 Contract with Olympic Construction, LLC, for the Fire Station #24 Construction Project, increasing the Contract price by the sum of $99,855.58 from $4,424,544.43 to $4,524,400.01.
Section 2 - That an amount, not to exceed $99,855.58, be and hereby is approved for payment to with Olympic Construction, LLC, from account #2607-505704-5742-90511 pursuant to the terms of the Change Order.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: