Meridian Facility Management Contract Cost Increased for FY27
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Description
LFUCG approved a CPI-based cost adjustment to its facility management contract with Meridian Management Corporation for the Fayette County District and Circuit Courthouses, raising the FY27 cost to $1,264,383.08. The change represents a $43,935.08 increase over FY26 and is funded in the Mayor’s Proposed Budget.
Contract Details
Contract Amount
Increase of $43,935.08 (from $1,220,448.00 in FY26 to $1,264,383.08 in FY27)
Vendor
MERIDIAN MANAGEMENT CORPORATION
Agency
Lexington-Fayette urban county, KY
Contract Type
MAINTENANCE
Document Date
June 2, 2026
Contract Term
FY27
Renewal Info
Contract cost adjusted per CPI clause for FY27 under existing Reso #219-2023; services and term continue as originally agreed.
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Issuing Agency
City
Lexington-Fayette urban county, KY
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