Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 4-29-19
Requesting Agency: Denver International Airport
Division:
Subject Matter Expert Name:
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Name: Angela Casias |
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Email: angela.casias@flydenver.com |
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 Frontier Airlines Inc. concerning a hangar lease agreement at Denver International Airport.
Approves a lease agreement with Frontier Airlines Inc. for rates and charges and for ten years with two optional five-year extensions, for the use of a hangar at Denver International Airport (201948113). The last regularly scheduled Council meeting within the 30-day review period is on 6-10-19. The Committee approved filing this item at its meeting on 5-8-19.
body
Affected Council District(s) or citywide? Council District 11
Contract Control Number: 201948113
Vendor/Contractor Name (including any “DBA”): Frontier Airlines, Inc.
Type and Scope of services to be performed:
Frontier Airlines, Inc., will enter into a hangar lease agreement with Denver International Airport (DEN) for a term of 10 years with two optional 5-year extensions. This hangar is currently occupied by Frontier Airlines, Inc., and is expiring May 31, 2019. As part of the new agreement DEN and Frontier Airlines, Inc., will complete capital improvement projects for the hangar. An assessment of the value of the building was done to determine the rental rate for the hanger to compare to other markets. The new minimum wage language has been added to this contract.
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: Ten years with two optional 5 year extensions
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: Rates and Charges
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.)