Courthouse Facilities Contract with Meridian Adjusted for CPI
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Description
LFUCG will adjust its facilities management contract with Meridian Management Corporation for the Fayette County courthouse complex, raising the FY2027 cost to $1,264,383.08 under a CPI clause. The amendment keeps the five-year term through June 30, 2028 with an option for an additional five years.
Contract Details
Contract Amount
$1,264,383.08
Vendor
MERIDIAN MANAGEMENT CORPORATION
Agency
Lexington-Fayette urban county, KY
Contract Type
MAINTENANCE
Document Date
June 2, 2026
Contract Term
FY 2027; overall agreement July 1, 2023 – June 30, 2028 with option for five additional years
Renewal Date
2028-06-30
Renewal Info
Initial 5-year term from July 1, 2023 to June 30, 2028 with CPI-based annual price adjustments and an option for five additional years at LFUCG’s discretion; contract may be terminated for cause or at will with 30 days’ 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
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