City approves $1.58M complex renovation with Faden Builders
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Description
The Eustis City Commission approved a Guaranteed Maximum Price of $1,582,155 for Faden Builders, Inc. to perform Phase 1 renovations of the Construction Services Complex at 21 N Grove Street. The CMAR contract covers construction management, labor, materials, equipment, and supervision, funded through Building and Fire Administration capital budgets plus a supplemental Building Fund appropriation.
Contract Details
Contract Amount
$1,582,155 (GMP), with total project budget $1,607,547 including $25,392 contingency
Vendor
FADEN BUILDERS INC
Agency
Housing Authority of the city of Eustis, FL
Contract Type
CONSTRUCTION
Document Date
June 18, 2026
Renewal Info
Continuing Construction Manager At-Risk contract awarded under RFQ 004-26; this GMP establishes Phase 1 scope and price, with contingency funded in the overall project budget.
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Issuing Agency
Local Housing Authority
Eustis, FL
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