Courthouse Facilities Contract Cost Increased for FY27
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Description
LFUCG will adjust its facilities management contract with Meridian Management Corporation for the courthouse complex to $1,264,383.08 in FY 2027. The CPI-based increase of $43,935.08 maintains operations and maintenance services under the existing multi-year agreement.
Contract Details
Contract Amount
$1,264,383.08 for FY27 (increase of $43,935.08 from FY26)
Vendor
MERIDIAN MANAGEMENT CORPORATION
Agency
Lexington-Fayette urban county, KY
Contract Type
MAINTENANCE
Document Date
June 2, 2026
Contract Term
Fiscal Year 2027 within a 5-year term July 1, 2023 – June 30, 2028
Renewal Date
2028-06-30
Renewal Info
Within an initial 5-year term (July 1, 2023–June 30, 2028) with options for five additional years; annual price adjustments tied to the Consumer Price Index. Contract may be terminated at will with 30 days’ written notice.
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Issuing Agency
City
Lexington-Fayette urban county, KY
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Lexington-Fayette Urban County Government Agenda Docket 2026-06-04
Lexington-Fayette Urban County Government Agenda Docket 2026-06-04
Lexington-Fayette Urban County Government Agenda Docket 2026-06-04
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