Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 3-8-21
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
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Name: Margaret Danuser / Jennifer Biess |
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Email: : Margaret.danuser@denvergov.org / Jennifer.Biess@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 Amendatory Agreement between the City and County of Denver and the Colorado Coalition for the Homeless to extend the term and increase the amount.
Amends a contract with the Colorado Coalition for the Homeless by adding $2,825,616 for a new total of $5,163,966 and one year for a new end date of 12-31-21 to continue providing housing services and supportive services to people experiencing homelessness in Denver, as part of the Denver Social Impact Bond program, citywide (FINAN-202056056-01). The last regularly scheduled Council meeting within the 30-day review period is on 5-10-21. The Committee approved filing this item at its meeting on 3-23-21.
body
Affected Council District(s) or citywide? Citywide
Contract Control Number: FINAN-202056056-01
Vendor/Contractor Name (including any “DBA”): Colorado Coalition for the Homeless
Type and Scope of services to be performed:
This requested contract amendment extends the term with the Colorado Coalition for the Homeless to provide housing services and supportive services to 245 people experiencing homelessness in Denver, as part of the Denver Social Impact Bond program, an initiative aimed at measurably improving the lives of people most in need by driving resources towards better, more effective programs. The contract terms continue to include a “pay for success” model based on housing stability success criteria that includes payments/bonus for exceeding success criteria and penalties if those criteria are not met.
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?
8/1/2018 - 12/31/2020
What is the length of the extension/renewal?
1 year
What is the revised total term of the contract?
8/1/2018 - 12/31/2021
If cost changing
What was the original value of the entire contract prior to this proposed change?
$2,338,350
What is the value of the proposed change?
$2,825,616
What is the new/revised total value including change?
$5,163,966
If terms changing
Describe the change and the reason for it (i.e. compliance with state law, different way of doing business etc.)