Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 02-13-18
Requesting Agency: Finance
Division:
▪ Name: Jeffrey J. Steinberg / Lisa Lumley
▪ Phone: 720-865-7505 / 720-913-1515
▪ Email: Jeffrey.steinberg@denvergov.org / lisa.lumley@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 Second Amendatory Agreement to Sublease Agreement between the City and County of Denver and DP Media Network LLC for the addition of 27,467 square feet on the 9th floor of 101 W. Colfax Avenue.
Adds $9,629,641.85 to the sublease agreement with DP Media Network LLC for a new total of $31,319,346.69 for an additional 27,467 square feet of office space on the 9th floor of the Denver Post building at 101 West Colfax Avenue for City use (FINAN - 201626030-02). The last regularly scheduled Council meeting within the 30-day review period is on 4-9-18. The Committee approved filing this resolution at its meeting on 2-20-18.
body
Affected Council District(s) or citywide? CD 10
Contract Control Number: FINAN - 201626030-02
Vendor/Contractor Name (including any “DBA”): DP Media Network LLC
Type and Scope of services to be performed:
Approval is requested for the leasing of additional expansion of office space located on the 9th floor of 101 West Colfax Ave, with options for expanded premises. The Webb Building is currently at full occupancy and lacks the additional space required to house approved, new hires for 2018, as well as address operational changes required by certain agencies. The lease of additional premises in 101 W. Colfax Avenue provides office space in close proximity to the Webb Building.
To accommodate the space requirements and reconfiguration within the Webb Building, the Dept of Parks and Rec will move out and relocate to the 9th floor of 101 West Colfax, the Office of Economic Development will also move from Webb and relocate to the 8th floor of 101 W. Colfax and the Dept of Public Health and Environmental will co-locate on that floor as well. These moves will open space in the Webb Building to provide for required FTE growth (2018 and beyond) and strategic, operational changes required by certain agencies in the building.
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?
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?
$21,689,704.84
What is the value of the proposed change?
$9,629,641.85
What is the new/revised total value including change?
$31,319,346.69
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)