Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 1-31-17
Requesting Agency:
Division:
§ Name: Tad Bowman
§ Phone: 720-865-2488
§ Email: tad.bowman@denvergov.org <mailto:tad.bowman@denvergov.org>
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 Third Amendatory Agreement between the City and County of Denver and Live Nation Worldwide, Inc. for extension of the term date by one year, and increasing the total contract amount, to promote events at Denver Coliseum and Red Rocks Amphitheater.
Amends a contract with Live Nation Worldwide, Inc. by adding one year for a new end date of 12-31-17, and to add $500,000 for a new total contract in the amount of $2,230,000 for the Denver Arts & Venues Promoter Commission Program to incentivize promoting events at the Denver Coliseum in Council District 9 and at Red Rocks Amphitheatre (THTRS-201313558-03). The last regularly scheduled Council meeting within the 30-day review period is on 3-13-17. The Committee approved filing this resolution by consent on 2-8-17.
body
Affected Council District(s) or citywide? CD 9
Contract Control Number: THTRS-201313558-03
Vendor/Contractor Name (including any “DBA”):
Type and Scope of services to be performed: for the Denver Arts & Venues Promoter Commission Program to incentivize promoting events at the Denver Coliseum in Council District 8 and at Red Rocks Amphitheatre
Location (if applicable):
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
Are WBE/MBE/DBE goals met (if applicable)?
Is the contract new/a renewal/extension or amendment?
Was this contractor selected by competitive process or sole source?
For New contracts
Term of initial contract:
Options for Renewal:
How many renewals (i.e. up to 2 renewals)?
Term of any renewals (i.e. 1 year each):
Cost of initial contract term:
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? January 1, 2014 to December 31, 2016
What is the length of the extension/renewal? One year
What is the revised total term of the contract? January 1, 2014 to December 31, 2017
If cost changing
What was the original value of the entire contract prior to this proposed change? $1,730,000
What is the value of the proposed change? $500,000
What is the new/revised total value including change? $2,230,000.00
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)