Renovations at Denver’s Central Library downtown are on hold five months before the Building a Better Denver bond project’s scheduled completion.

The project has been left unfinished by Krahl Construction’s Denver office after a raid by the FBI of the firm’s Chicago headquarters closed the firm’s Denver and Chicago offices.

The Central Library project downtown is part of the $550-million Building a Better Denver bond initiative, approved by voters in 2007. The $1.5-million contract between the city and Krahl Denver included repairs, replacement and upgrades to building components and several building and life-safety systems that have been deferred over the years.

“They were working on the first floor and fourth floor to give us a new community technology center. They’ve been doing some things with the alarm equipment and on the 5th floor library,” said Celeste Jackson, library spokesperson.

City officials plan to meet with Krahl’s bonding company this week, according to Michele Majeune, Bond Program communications. “According to standard procedure, the city must wait 10 days before seeking out additional bids. At this point, the city will continue to meet with Krahl’s bonding company while we figure out our next steps,” Majeune adds.

Krahl Denver sent out a memo to employees on Jan. 8, informing them that the company would be shutting down immediately. The city’s 10-day waiting period expired on Jan. 18.

"At this point the city is not sure of what opportunities, if any, will be available for additional bids," says Majeune.