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Avis Budget Car Rental lease extended for $92M

City of Denver logoCity of Denver
Disclosed value
$92,099,880
From agenda
Document date
Oct 24, 2022
Term
5 years

The 30-second brief

What it covers

Amendment to 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 to extend the end date to 12-31-2027, to consolidate all terms under one agreement at Denver International Airport.

Who holds it

Avis Budget Car holds this lease 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.

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Contract details

Contract type
Lease
Amount
$92,099,880
Document date
October 24, 2022
Term
5 years
Vendor
Avis Budget Car
Agency
City of Denver
Source document
city_council_meeting_agenda_october_24_2022.pdf (Agenda)

Avis Budget Car's other public contracts

Campbell County, WyomingAvis Budget Car Rental assumes airport lease agreements · Dec 17, 2025UndisclosedCity of Oklahoma, OklahomaAvis and Budget Get Lease Extended for car rental · Sep 25, 2025UndisclosedTown of Westport, ConnecticutSublease agreement approved with Avis Budget Car Rental · May 28, 2025UndisclosedTown of Westport, ConnecticutAvis Budget Car Rental sublease approved at Saugatuck Railroad Station · May 28, 2025UndisclosedLos Angeles World Airports, CaliforniaAvis Budget Car Rental signs 20-year ConRAC lease · May 9, 2025UndisclosedAll Avis Budget Car contractsVendor profile

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Questions about this contract

Who was awarded the lease contract by City of Denver?

Avis Budget Car was awarded this lease contract by City of Denver, as recorded on October 24, 2022. 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 lease work.

What type of contract is this?

This is a Lease contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_meeting_agenda_october_24_2022.pdf (Agenda), dated October 24, 2022 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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