CONSTRUCTIONAMENDED

Valdese Approves $10.83 Million Public Safety Building Contract

Valdese Town Council approved a contract amendment with D.R. Reynolds establishing a $10.83 million guaranteed maximum price for the new Public Safety Building. The amendment also adds $600,000 in contingency funds and authorizes the notice to proceed, with completion guaranteed by July 28, 2028.

Document date · August 3, 2026

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Derivita logo
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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract amount
$10,830,000 Guaranteed Maximum Price plus $600,000 in contingency funds
Contract type
CONSTRUCTION
Contract term
Construction anticipated to begin in September 2026; completion guaranteed by July 28, 2028
Renewal date
2028-07-28
Renewal
Amendment establishes the construction GMP and project completion obligation; no renewal option stated.
Document type
Minutes
Source document
Town of Valdese Minutes Town Council Regular Meeting August 3, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Town of Valdese?

D.r. Reynolds was awarded this construction contract by Town of Valdese, as recorded on August 3, 2026. The contract value is $10,830,000 Guaranteed Maximum Price plus $600,000 in contingency funds.

How much is the D.r. Reynolds contract with Town of Valdese worth?

The D.r. Reynolds contract with Town of Valdese is valued at $10,830,000 Guaranteed Maximum Price plus $600,000 in contingency funds, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Valdese Minutes Town Council Regular Meeting August 3, 2026 (Minutes), dated August 3, 2026 from Town of Valdese. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does D.r. Reynolds hold?

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

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