Bellevue council approves $79.98 million guaranteed-maximum construction contract
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Summary
The Bellevue City Council approved an amended and restated construction agreement with Art O’Murray National Holdings Inc., recording a guaranteed-maximum price reported in the record as $79,977,029; staff said contractor insurance and city review meet statutory coverage requirements.
The Bellevue City Council on Dec. 16 approved an amended and restated construction agreement with Art O’Murray National Holdings Inc., with a guaranteed-maximum price the record shows as $79,977,029.
City staff described contract terms and said the contractor carries general liability and umbrella policies. According to staff, the contractor’s insurance includes $1,000,000 per-person and $5,000,000 per-occurrence limits and an additional $5,000,000 umbrella policy; the city’s review concluded those coverages, together with the city’s own insurance, meet statutory requirements for municipal contracts.
Council discussion focused on risk and insurance adequacy rather than the contract price. Staff said internal risk management and contract reviews were part of negotiation and that the city would be a secondary insurer if an incident required it.
The council moved and approved the agreement. The authorization allows the mayor to sign the amended contract and related general conditions to proceed with the project under the stated maximum price. No additional project details (timeline, work phasing) were provided in the meeting record.
The contract approval is recorded as a formal council action; staff indicated standard post-execution requirements such as receipt of bonds and insurance documentation will be enforced before full mobilization.