alexrenew_regular_board_of_directors_meeting_agend.pdf
Nichols Contracting Recommended for Elevator Replacement Project
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Description
AlexRenew staff request approval of Contract 25-015 with Nichols Contracting Incorporated, the low bidder at $2,850,000, to replace aging elevators in Buildings G and L. The Board is asked to authorize a not-to-exceed amount of $3,562,500 for construction through February 2026.
Contract Details
Contract Amount
Not-to-exceed $3,562,500 (including change order authority); construction value $2,850,000
Vendor
NICHOLS CONTRACTING INCORPORATED
Agency
Alex Renew, VA
Contract Type
CONSTRUCTION
Document Date
September 16, 2025
Contract Term
Construction from January 2025 through February 2026
Renewal Date
2026-02-28
Renewal Info
Single construction contract for elevator replacement with CEO change order authority up to a total not-to-exceed of $3,562,500; no renewals described.
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