CONTRACTPENDING

City, Chamber Update Civic Center Use Agreement

City of El Dorado
Disclosed value
$260,000 (termination compensation, subject to escalation)
From agenda
Document date
Dec 28, 2022

The 30-second brief

What it covers

The City of El Dorado and the El Dorado Chamber of Commerce plan to enter a five-year memorandum of understanding for the Chamber to manage Civic Center reservations and operations at no cost to the City, while the City provides office, storage, facilities access, maintenance, and liability insurance. Upon termination, the City will either provide an alternate site at no rental cost or pay the Chamber $260,000 in escalated compensation for its current office space.

Who holds it

El Dorado Chamber of Commerce holds this professional services contract with City of El Dorado. Its other public contracts on record include work for South Arkansas Community College and Town of El Dorado.

What happens next

Term as filed: Five years from Effective Date, with automatic five-year renewals unless amended or terminated.

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Contract details

Contract type
Professional Services
Amount
$260,000 (termination compensation, subject to escalation)
Document date
December 28, 2022
Term
Five years from Effective Date, with automatic five-year renewals unless amended or terminated
Source document
City of El Dorado Work Session Agenda 2022-12-28 (Agenda)

El Dorado Chamber of Commerce's other public contracts

More City of El Dorado contracts

Questions about this contract

Who was awarded the professional services contract by City of El Dorado?

El Dorado Chamber of Commerce was awarded this professional services contract by City of El Dorado, as recorded on December 28, 2022. The contract value is $260,000 (termination compensation, subject to escalation).

How much is the El Dorado Chamber of Commerce contract with City of El Dorado worth?

The El Dorado Chamber of Commerce contract with City of El Dorado is valued at $260,000 (termination compensation, subject to escalation), 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 El Dorado Work Session Agenda 2022-12-28 (Agenda), dated December 28, 2022 from City of El Dorado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does El Dorado Chamber of Commerce hold?

El Dorado Chamber of Commerce 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 El Dorado currently buying?

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

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