Description
Title: Amends a contract with Halcyon Construction, Inc. to add $3,000,000.00 for a new total of $8,000,000.00 and to add 2 years for a new end date of 7-13-2028 to conduct on-call SBE vertical construction services, citywide (DOTI-202367858/DOTI-202582138-02).
Summary
The proposed legislation seeks to amend an existing contract with Halcyon Construction, Inc. by increasing the funding by $3 million, bringing the total contract amount to $8 million, and extending the contract duration by two years, with a new end date of July 13, 2028. This contract pertains to On-Call Small Business Enterprise (SBE) vertical construction services for municipal projects across Denver. The amendment aims to facilitate various construction tasks, such as roof replacements and mechanical upgrades, ensuring the city can efficiently respond to its infrastructure needs. It emphasizes support for small businesses, as 30% of the contract will be allocated to SBE commitments, thus impacting local economic growth and community development.