Denver Board of Water Commissioners Agenda Packet 2026-06-24
Denver Water, CSU Amend Hydro Building Lease Costs
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Description
Denver Water plans to approve a third amendment to its lease with Colorado State University for the Hydro Building Water Quality Lab, establishing a fixed, CPI-indexed operating cost rate for five years. The change simplifies cost reconciliation and reflects Denver Water’s initial investment in the facility.
Contract Details
Vendor
COLORADO STATE UNIVERSITY
Agency
Denver Water District, NY
Contract Type
FACILITIES
Document Date
June 23, 2026
Contract Term
Five-year term for amended operating cost methodology
Renewal Info
Third amendment modifies the method for calculating operating costs for a five-year period, indexed to CPI; approach will be reevaluated at the end of the term for potential adjustment to market conditions.
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