CONTRACTAWARDED

City of Miami Awards Professional Services Contract to Global Spectrum Lp Dba Ovg360 (February 2026)

City of Miami logoCity of Miami
Disclosed value
$12,500/month plus 7% of gross revenues (5 years); $15,000/month for consulting; $400,000/year plus CPI and incentive fees (10-year term plus three 10-year renewals)
From agenda
Awarded
Feb 12, 2026

The 30-second brief

What it covers

Miami City Commission approved the award to Global Spectrum L.P. d/b/a OVG360 to manage and consult for the Miami Marine Stadium and Flex Park, with potential for a long-term management agreement pending voter approval.

Who holds it

Global Spectrum Lp Dba Ovg360 holds this professional services contract with City of Miami. Its other public contracts on record include work for Monroe Township School District and Nueces County.

What happens next

Term as filed: Initial 5 years for management and consulting, plus initial 10 years for long-term management, with three additional 10-year renewal options.

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Contract details

Contract type
Professional Services
Amount
$12,500/month plus 7% of gross revenues (5 years); $15,000/month for consulting; $400,000/year plus CPI and incentive fees (10-year term plus three 10-year renewals)
Document date
February 12, 2026
Term
Initial 5 years for management and consulting, plus initial 10 years for long-term management, with three additional 10-year renewal options
Source document
City of Miami Commission Meeting Agenda February 12 2026 (Agenda)

Global Spectrum Lp Dba Ovg360's other public contracts

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Questions about this contract

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

Global Spectrum Lp Dba Ovg360 was awarded this professional services contract by City of Miami, as recorded on February 12, 2026. The contract value is $12,500/month plus 7% of gross revenues (5 years); $15,000/month for consulting; $400,000/year plus CPI and incentive fees (10-year term plus three 10-year renewals).

How much is the Global Spectrum Lp Dba Ovg360 contract with City of Miami worth?

The Global Spectrum Lp Dba Ovg360 contract with City of Miami is valued at $12,500/month plus 7% of gross revenues (5 years); $15,000/month for consulting; $400,000/year plus CPI and incentive fees (10-year term plus three 10-year renewals), covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Miami Commission Meeting Agenda February 12 2026 (Agenda), dated February 12, 2026 from City of Miami. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Global Spectrum Lp Dba Ovg360 hold?

Global Spectrum Lp Dba Ovg360 may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Miami currently buying?

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

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