Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 5-1-18
Requesting Agency: Denver International Airport
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 the City and County of Denver and CBRE, Inc. concerning professional real estate related consulting at Denver International Airport.
Approves a three-year $4.5 million contract with CBRE, Inc. for transactional and advisory services for revenue-generating commercial leases including front-end analysis and development programing, marketing, and other real estate transaction services for multiple locations and sites near Denver International Airport (201840410). The last regularly scheduled Council meeting within the 30-day review period is on 6-18-18. The Committee approved filing this item at its meeting on 5-9-18.
body
Affected Council District(s) or citywide?
Contract Control Number: 201840410
Vendor/Contractor Name (including any "DBA"): CBRE, Inc
Type and Scope of services to be performed:
There are several development opportunities DEN is actively pursuing for transaction in 2018, which are currently being supported by CBRE Inc., a commercial real estate advisory and transaction firm. This new on-call contract allows DEN to continue receiving in-depth advisory services such as investment analysis, deal structuring, land valuation, pro-forma modeling, proprietary research and marketing.
The -call contract with CBRE Inc., will allow us to engage both transactional and advisory professional services for reve...
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