Kone Elevator Contract Renewed With Added Funding

NYC Health + Hospitals plans a best-interest one-year renewal of its systemwide elevator and escalator services contract with Kone Inc. Corporation, adding $15,582,493 in funding and extending the term to November 31, 2027. The renewed agreement will support preventive maintenance, critical modernization projects, and 24/7 emergency repairs with a new not-to-exceed amount of $74,782,493.

Scope & details

The full contract record, as filed.

Contract amount

Increase of $15,582,493 (new NTE $74,782,493)

Contract type

MAINTENANCE

Contract term

One-year best-interest renewal until November 31, 2027

Renewal date

2027-11-30

Renewal

One-year best-interest renewal through November 31, 2027, adding $15,582,493 including $1,000,000 contingency and $7,000,000 for emergency repairs and modernization; raises NTE from $59,200,000 to $74,782,493.

Document type

AgendaPacket

Source document

NYC Health + Hospitals AgendaPacket Board of Directors Meeting 2026-06-25

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the maintenance contract by Bellevue Hospital Center?

Kone Inc Corporation was awarded this maintenance contract by Bellevue Hospital Center, as recorded on June 25, 2026. The contract value is Increase of $15,582,493 (new NTE $74,782,493).

How much is the Kone Inc Corporation contract with Bellevue Hospital Center worth?

The Kone Inc Corporation contract with Bellevue Hospital Center is valued at Increase of $15,582,493 (new NTE $74,782,493), covering maintenance work.

What type of contract is this?

This is a Maintenance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in NYC Health + Hospitals AgendaPacket Board of Directors Meeting 2026-06-25 (AgendaPacket), dated June 25, 2026 from Bellevue Hospital Center. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kone Inc Corporation hold?

Kone Inc Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kone Inc Corporation's profile

What is Bellevue Hospital Center currently buying?

Explore Bellevue Hospital Center's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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