Austin adds contingency to Colony Park infrastructure contract
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Description
The City of Austin is amending its construction contract with Smith Contracting Co., Inc. for the Colony Park Sustainable Community Infrastructure Project by adding $333,403 in contingency funding, bringing the total contract authority to an amount not to exceed $2,778,357. The additional funds will cover unforeseen quantity increases and expanded scope including stormwater, environmental protection, utilities, and roadway improvements needed to support Central Health’s new Health and Wellness Center.
Contract Details
Contract Amount
Increase of $333,403 for a revised total not to exceed $2,778,357
Vendor
SMITH CONTRACTING COMPANY INC
Agency
City of Austin city, TX
Contract Type
CONSTRUCTION
Document Date
June 5, 2025
Renewal Info
Additional 15% contingency is authorized to allow future change orders within the increased not-to-exceed amount; no explicit contract end date or renewal options are stated.
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