Los Angeles City Council Agenda February 2026
LACC Advisory Contract Extended, Grows to $42 Million
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Description
The City Council approved the eighth amended and restated agreement with Ernst & Young Infrastructure Advisors, LLC, extending the term and increasing compensation to $42 million for continued financial advisory and project management on the Los Angeles Convention Center Expansion Project.
Contract Details
Contract Amount
Increase by $22,163,301, new maximum $42,000,000
Vendor
ERNST & YOUNG INFRASTRUCTURE ADVISORS LLC
Agency
City of Los Angeles, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 20, 2026
Contract Term
September 17, 2026 – June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Eighth amendment; term extended by 9 months; compensation increased; monthly oversight meetings required.
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