PROFESSIONAL_SERVICESDISCUSSSED

VenuWorks FY2027 Events Center Budget Reviewed

The City reviewed the FY2027 operating budget for VenuWorks’ management of the BigIron Events Center, projecting $2.96 million in revenues against $3.46 million in expenses. A $500,000 Owner Operating Investment from Hotel Occupation Tax is planned to offset the $499,345 operating deficit and produce a small positive net income.

Status
DISCUSSSED
Document date
June 30, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
VENUWORKS
Agency
City of Grand Island · NE

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$500,000 Owner Operating Investment (Hotel Occupation Tax) supporting net ordinary income shortfall of $499,345
Contract type
PROFESSIONAL_SERVICES
Contract term
FY2027
Renewal
Budget presentation reflects an ongoing management agreement for the BigIron Events Center, supported annually by an Owner Operating Investment funded via Hotel Occupation Tax; no specific renewal or expiration terms are stated.
Document type
AgendaPacket
Source document
City of Grand Island AgendaPacket Budget Study Session 2026-06-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Grand Island?

VENUWORKS was awarded this professional services contract by City of Grand Island, as recorded on June 30, 2026. The contract value is $500,000 Owner Operating Investment (Hotel Occupation Tax) supporting net ordinary income shortfall of $499,345.

How much is the VENUWORKS contract with City of Grand Island worth?

The VENUWORKS contract with City of Grand Island is valued at $500,000 Owner Operating Investment (Hotel Occupation Tax) supporting net ordinary income shortfall of $499,345, covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Grand Island AgendaPacket Budget Study Session 2026-06-30 (AgendaPacket), dated June 30, 2026 from City of Grand Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does VENUWORKS hold?

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

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What is City of Grand Island currently buying?

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