CONTRACTAPPROVED

City of Denver Awards $92,099,880 Ground Lease Amendment Contract to Avis Budget Car (November 2023)

City of Denver logoCity of Denver
Disclosed value
$92,099,880
From minutes
Approved
Nov 8, 2023
Term
5 years to 12-31-2027

The 30-second brief

What it covers

Amends a ground lease with Avis Budget Car Rental, LLC to add $92,099,880 for a new contract total of $109,740,251 and 5 years for a new end date of 12-31-2027, to terminate the Rental Car Concession Agreement, reflect Payless being under the Avis Budget car rental brand, and move relevant clauses into this lease to consolidate all terms under one agreement.

Who holds it

Avis Budget Car holds this ground lease amendment contract with City of Denver. Its other public contracts on record include work for Campbell County and City of Oklahoma.

What happens next

Term as filed: 5 years to 12-31-2027.

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Contract details

Contract type
Ground Lease Amendment
Amount
$92,099,880
Document date
November 8, 2023
Term
5 years to 12-31-2027
Source document
denver_city_council_business_arts_workforce_aviati.pdf (Minutes)

Avis Budget Car's other public contracts

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Questions about this contract

Who was awarded the ground lease amendment contract by City of Denver?

Avis Budget Car was awarded this ground lease amendment contract by City of Denver, as recorded on November 8, 2023. The contract value is $92,099,880.

How much is the Avis Budget Car contract with City of Denver worth?

The Avis Budget Car contract with City of Denver is valued at $92,099,880, covering ground lease amendment work.

What type of contract is this?

This is a Ground Lease Amendment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in denver_city_council_business_arts_workforce_aviati.pdf (Minutes), dated November 8, 2023 from City of Denver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Avis Budget Car hold?

Avis Budget Car 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 Denver currently buying?

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

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