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  5. ›Verde Valley Wine Festival Event Management Agreement

Awarded contract·City of Cottonwood·Arizona

Verde Valley Wine Festival Event Management Agreement

Won by Verde Valley Wine Festival, Inc.$300kSingle Award
Contract source

Awarded vendors

  • Verde Valley Wine Festival, Inc.

Description

The City of Cottonwood has entered into an Event Management Agreement with Verde Valley Wine Festival, Inc. for the management of the Verde Valley Wine Festival. The festival will be held on May 11, 2024, and will feature wine tasting and an industry expo. The City will provide administrative functions, including obtaining licenses and permits, providing infrastructure, and arranging equipment rentals. Verde Valley Wine Festival, Inc. will be responsible for planning, organizing, and promoting the event, including booking musical acts and securing sponsorships. The agreement outlines the responsibilities and obligations of both parties, including indemnification, insurance, and termination provisions. Key aspects of the agreement include: • The City will provide administrative functions, including obtaining licenses and permits, providing infrastructure, and arranging equipment rentals. • Verde Valley Wine Festival, Inc. will be responsible for planning, organizing, and promoting the event, including booking musical acts and securing sponsorships. • The agreement outlines the responsibilities and obligations of both parties, including indemnification, insurance, and termination provisions. • The festival will be held on May 11, 2024, and will feature wine tasting and an industry expo. • The City and Verde Valley Wine Festival, Inc. will work together to determine the appropriate security and traffic control plan for the event.

Attached files

Key dates

Starts
1/16/2024
Ends
6/15/2024
Duration
5 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Hospitality and Tourism
NAICS
711310
Solicitation №
95922

Contract value

$300,000

The contract value is not explicitly stated in the document. However, based on the scope of work and the responsibilities of the parties involved, it can be estimated that the contract value is likely in the range of $100,000 to $500,000. This estimate is based on the fact that the City of Cottonwood will be providing administrative functions, infrastructure, and equipment rentals, while Verde Valley Wine Festival, Inc. will be responsible for planning, organizing, and promoting the event. The costs associated with these activities, such as venue rental, marketing, and talent fees, could be substantial. Additionally, the contract requires Verde Valley Wine Festival, Inc. to maintain comprehensive general liability insurance coverage, which could also impact the contract value.

AI estimate from the award documents

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