Increase Guaranteed Maximum Price
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This contract modification pertains to an increase in the guaranteed maximum price (GMP) by $1,114,216 for a firm, fixed-price contract originally awarded under solicitation number GS-04P-09-EX-C-0077. The contract supports the modernization of the Robert Smith Vance Federal Building and U.S. Courthouse in Birmingham, Alabama, as part of the American Recovery and Reinvestment Act (ARRA) of 2009, which aims to stimulate job creation and economic recovery. The modernization efforts focus on reducing energy consumption, enhancing environmental performance, improving stormwater management, and promoting occupant health and productivity, while maintaining affordability over the long term. Because the design was not finalized when the original contract was awarded, this GMP contract allows for adjustments as the design and scope evolve, necessitating this increase in funds to cover expanded modernization requirements. The General Services Administration (GSA), through its Acquisition Management Division in Atlanta, Georgia, oversees this contract, with Christopher D. Banks serving as the point of contact. The initial contract flexibility was intended to accommodate uncertainties and refinements during the design phase. The increased GMP reflects necessary changes to the scope of work to fully support the building’s planned modernization. This type of contract reinforces ongoing negotiation and adaptation to design advancements, ensuring the project can meet its key goals of sustainability, efficiency, and economic impact within the framework of ARRA funding and federal procurement regulations.
General Info
Place of Performance
Robert Vance Federal Building and Courthouse 1800 5th Ave North, Birminham, AL, 35203, USASet-Aside
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