City of Laconia Awards Professional Services Contract to Spectacle Management Inc (April 2026)

The Laconia City Council approved a renewed management agreement with Spectacle Management, Inc. for operation of the Colonial Theatre. The 5.5-year contract includes a first-year operating subsidy of $166,935.19 with 3% annual increases and automatic one-year renewals after the initial term.

Document date · April 27, 2026

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Scope & details

The full contract record, as filed.

Contract amount

A first-year operating subsidy of $166,935.19, with 3% increases for each additional year of the contract

Contract type

PROFESSIONAL_SERVICES

Contract term

5.5-year contract, structured as 2 years with three 1-year automatic renewals; requires 1-year advance notice for termination

Renewal

New 5.5-year agreement effective upon expiration of the prior contract on June 30, 2026, structured as an initial 2-year term followed by three automatic 1-year renewals unless the City provides 1-year advance notice to terminate.

Document type

Minutes

Source document

City of Laconia City Council Meeting Minutes 2026-04-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Laconia?

Spectacle Management Inc was awarded this professional services contract by City of Laconia, as recorded on April 27, 2026. The contract value is A first-year operating subsidy of $166,935.19, with 3% increases for each additional year of the contract.

How much is the Spectacle Management Inc contract with City of Laconia worth?

The Spectacle Management Inc contract with City of Laconia is valued at A first-year operating subsidy of $166,935.19, with 3% increases for each additional year of the contract, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Laconia City Council Meeting Minutes 2026-04-27 (Minutes), dated April 27, 2026 from City of Laconia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spectacle Management Inc hold?

Spectacle Management Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Spectacle Management Inc's profile

What is City of Laconia currently buying?

Explore City of Laconia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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