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File #: 20-0226    Version: 1
Type: Resolution Status: Adopted
File created: 3/2/2020 In control: Safety, Housing, Education & Homelessness Committee
On agenda: 4/6/2020 Final action: 4/6/2020
Title: A resolution approving a proposed Third Amendatory Agreement between the City and County of Denver and Mpowered for financial counseling and related services in support of the Financial Empowerment Center (FEC). Amends a contract with Mpowered by adding $659,999.84 for a new total of $1,787,027.75 and one year for a new end date of 12-31-20 to provide financial coaching and related services to the operation of the Denver Financial Empowerment Center (FEC), citywide (HRCRS-201738774-03; HRCRS-201953038). The last regularly scheduled Council meeting within the 30-day review period is on 4-27-20. The Committee approved filing this item at its meeting on 3-25-20.
Indexes: Emily Lapel
Attachments: 1. RR20 0226 HRCP Mpowered, 2. Council Presentation, 3. 20-0226 Filed Resolution_Mpowered_201953038-03.pdf, 4. 20-0226 3rdAmendAgr_Mpowered_201953038-03.pdf, 5. 20-0226 Filed Resolution_Mpowered, 6. 20-0226 - signed

Contract Request Template (Contracts; IGAs; Leases)

 

Date Submitted: 3-2-20

 

Requesting Agency: Human Rights and Community Partnerships

                               Division:

 

Subject Matter Expert Name: Jason Salas
Email Address:
Jason.Salas@denvergov.org
Phone Number:
720-913-8462

 

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 Mpowered for financial counseling and related services in support of the Financial Empowerment Center (FEC).

Amends a contract with Mpowered by adding $659,999.84 for a new total of $1,787,027.75 and one year for a new end date of 12-31-20 to provide financial coaching and related services to the operation of the Denver Financial Empowerment Center (FEC), citywide (HRCRS-201738774-03; HRCRS-201953038). The last regularly scheduled Council meeting within the 30-day review period is on 4-27-20. The Committee approved filing this item at its meeting on 3-25-20.

body

 

Affected Council District(s) or citywide? Citywide

 

Contract Control Number: HRCRS-201953038; Alfresco HRCRS-201738774-03

 

Vendor/Contractor Name (including any “DBA”): Mpowered

 

Type and Scope of services to be performed:

Provide financial coaching and related services to the operation of the Denver Financial Empowerment Center (FEC)

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?

Competitive process                     

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?

2 years

What is the length of the extension/renewal?

1 year

What is the revised total term of the contract?

3 years

If cost changing

What was the original value of the entire contract prior to this proposed change?

$1,127,027.91

What is the value of the proposed change?

$659,999.84

What is the new/revised total value including change?

$1,787,027.75

If terms changing

Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)