Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 10-17-2022
Requesting Agency: Department of Transportation and Infrastructure
Division:
Subject Matter Expert Name: Alyssa Alt
Email Address: Alyssa.Alt@denvergov.org
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A resolution approving a proposed Agreement between the City and County of Denver and IPS Group, Inc. to install, operate, and maintain equipment and software for parking meters.
Approves a contract with IPS Group, Inc. for $4,500,000 and 3 years, plus 2 one-year options to extend, to install, test, operate and maintain equipment and software for parking meters linked with an on-street parking management system, citywide (DOTI-202264578). The last regularly scheduled Council meeting within the 30-day review period is on 11-21-2022. The Committee approved filing this item at its meeting on 10-18-2022.
body
Affected Council District(s) or citywide? Citywide
Contract Control Number: DOTI-202264578
Vendor/Contractor Name (including any “DBA”): IPS Group, Inc.
Type and Scope of services to be performed:
Contract covers parking meters, single-space and pay stations, and the operating system to run them. Vendor is responsible for delivery, installation and testing of meters at the point of installation and maintenance of operating system. IPS Meters (single space, multi-space, spare parts and pieces) equipment and the operating software system for meter equipment.
Location (if applicable): Citywide
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts): N/A
Are WBE/MBE/DBE goals met (if applicable)? N/A
Is the contract new/a renewal/extension or amendment?
New
Was this contractor selected by competitive process or sole source?
Sole Source
For New contracts
Term of initial contract:
3 years
Options for Renewal:
How many renewals (i.e. up to 2 renewals)? 2
Term of any renewals (i.e. 1 year each): one-year
Cost of initial contract term:
$4.5M
Cost of any renewals:
Total contract value council is approving if all renewals exercised:
For Amendments/Renewals Extensions:
Is this a change to cost/pricing; length of term; terms unrelated to time or price (List all that apply)?
If length changing
What was the length of the term of the original contract?
What is the length of the extension/renewal?
What is the revised total term of the contract?
If cost changing
What was the original value of the entire contract prior to this proposed change?
What is the value of the proposed change?
What is the new/revised total value including change?
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)