Amends a concession agreement with Mission Yogurt, LLC d/b/a Williams & Graham, Tocabe, The Bagel Deli, and DBar to add two years for a new end date of 6-25-2036 due to increased costs to design and build a concession at Denver International Airport in Council District 11 (PLANE-201952018/PLANE-202579217-02).

Summary

This item amends a concession agreement between Denver International Airport (DEN) and Mission Yogurt, LLC (d/b/a Williams & Graham, Tocabe, The Bagel Deli, and DBar) to extend the contract term by two years, setting a new end date of June 25, 2036. This extension is necessary to allow the concessionaire to amortize increased costs associated with designing and building their concession space at DEN. The contract value remains $1,402,500 (Minimal Annual Guarantee or 15% of Gross Revenue). The amendment also updates several contract provisions to align with current DEN standards. This project supports DEN's Vision 100 goal of growing infrastructure and enhancing customer experience.

Citizen Impact

Residents may see new or improved food and beverage options at Denver International Airport due to this contract extension, which helps concessionaires recoup increased building costs.

Confidence

high