DDA Amends RevPAR Hotel Asset Management Agreement
- Disclosed value
- 1% of gross revenue or $8,000 per month; one-time IT fee waived; incentive fee based on 2% over EBITDA reviewed at end of Year 2
- From minutes
- Document date
- Aug 10, 2026
The 30-second brief
The Downtown Development Authority approved revised terms for RevPAR's hotel asset management agreement. The amendment sets compensation at 1% of gross revenue or $8,000 per month, waives the $1,250 IT fee, and delays incentive-pay review until the end of Year 2.
REVPAR holds this consulting contract with Housing Authority of the city of Lawrenceville. Its other public contracts on record include work for City of Mequon and City of Conroe.
Term as filed: Review after six months; incentive pay reviewed at the end of Year 2.
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Contract details
- Contract type
- Consulting
- Amount
- 1% of gross revenue or $8,000 per month; one-time IT fee waived; incentive fee based on 2% over EBITDA reviewed at end of Year 2
- Document date
- August 10, 2026
- Term
- Review after six months; incentive pay reviewed at the end of Year 2
- Vendor
- REVPAR
- Source document
- Downtown Development Authority Minutes 2026-08-10 (Minutes)
REVPAR's other public contracts
More Housing Authority of the city of Lawrenceville contracts
Questions about this contract
Who was awarded the consulting contract by Housing Authority of the city of Lawrenceville?
REVPAR was awarded this consulting contract by Housing Authority of the city of Lawrenceville, as recorded on August 10, 2026. The contract value is 1% of gross revenue or $8,000 per month; one-time IT fee waived; incentive fee based on 2% over EBITDA reviewed at end of Year 2.
How much is the REVPAR contract with Housing Authority of the city of Lawrenceville worth?
The REVPAR contract with Housing Authority of the city of Lawrenceville is valued at 1% of gross revenue or $8,000 per month; one-time IT fee waived; incentive fee based on 2% over EBITDA reviewed at end of Year 2, covering consulting work.
What type of contract is this?
This is a Consulting contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Downtown Development Authority Minutes 2026-08-10 (Minutes), dated August 10, 2026 from Housing Authority of the city of Lawrenceville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does REVPAR hold?
REVPAR 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 Housing Authority of the city of Lawrenceville currently buying?
Explore Housing Authority of the city of Lawrenceville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.