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MAINTENANCEAMENDED

Lexington-Fayette Urban County Government AgendaPacket Urban County Council Work Session 2026-06-02

Courthouse Facilities Contract with Meridian Adjusted for CPI

$1,264,383.08Lexington-Fayette urban countyMERIDIAN MANAGEMENT CORPORATIONJune 2, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo

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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