Contract Request Template (Contracts; IGAs; Leases)
Date Submitted: 6-05-2023
Requesting Agency: Arts & Venues
Division:
Subject Matter Expert Name: Andrew Lindley
Email Address: Andrew.lindley@denvergov.org <mailto:Andrew.lindley@denvergov.org>
Phone Number:
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 Sponsorship Agreement with CEGC, LLC, doing business as Colorado Threads, for $10,815.00 in sponsorship fees, plus a revenue share of gross profits of co-branded apparel, through December 31, 2023, at designated Red Rocks events and Five Points Jazz Festival.
Approves a sponsorship contract with CEGC, LLC, doing business as Colorado Threads, for $10,815 in sponsorship fees, plus a revenue share of gross profits of co-branded apparel through 12-31-2023 at designated Red Rocks events and Five Points Jazz Festival (THTRS-202265983). The last regularly scheduled Council meeting within the 30-day review period is on 7-10-2023. The Committee approved filing this item at its meeting on 6-7-2023.
body
Affected Council District(s) or citywide? citywide
Contract Control Number:
THTRS-202265983
Vendor/Contractor Name (including any “DBA”):
CEGC, LLC dba Colorado Threads
Type and Scope of services to be performed:
Provision of advertising, signage, promotional opportunities and other negotiated benefits to Colorado Threads in exchange for sponsorship fee payments and profit sharing.
Location (if applicable):
Red Rocks, Five Points Jazz Festival
WBE/MBE/DBE goals that were applied, if applicable (construction, design, Airport concession contracts):
N/A
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?
Open Market
For New contracts
Term of initial contract:
6/03/2023 - 12/31/2023
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:
$10,815
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.)