The City of St. Petersburg has awarded a contract to The A. D. Morgan Corporation for construction manager at risk services for city facility capital improvement projects. The contract has a term of one year, with the option to renew for three additional years. The contractor will provide services on an as-needed basis, and the city will select the contractor for specific projects. The contract includes a fee schedule, with the contractor's fee ranging from 6.00% to 10.5% of the cost of work, depending on the project's budget. The contract also includes provisions for compliance with laws and regulations, amendments, and governing law. Key aspects of the contract include:
• The contractor will provide construction manager at risk services for city facility capital improvement projects.
• The contract has a term of one year, with the option to renew for three additional years.
• The contractor's fee will range from 6.00% to 10.5% of the cost of work, depending on the project's budget.
• The contract includes provisions for compliance with laws and regulations, amendments, and governing law.
• The city will select the contractor for specific projects, and the contractor will execute a separate agreement for each project.