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Council awards contract for Colony Elevated Tank at $9.67 million; authorizes 2.5% change‑order contingency
Summary
Council approved a construction contract to Landmark Structures for the Colony Elevated Tank project (IFB 25134) with a contract price of $9,670,000 and authorized change orders up to 2.5% ($241,750). The project includes a 1.5 million‑gallon elevated storage tank and relocation of a water delivery point.
The Buda City Council on April 1 authorized a construction contract for the Colony Elevated Tank project, awarding the work to Landmark Structures and authorizing the city manager to execute the contract and change orders up to 2.5%.
Public Works staff told council the project will construct a 1,500,000‑gallon elevated storage tank to serve the city’s central pressure plane and to relieve demand constraints on the Beacon Hill Elevated Tower. The project also includes relocating an…
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