REPORT TO STADIUM AUTHORITY BOARD
SUBJECT
Title
Action on Stadium Manager's Request to Approve a Purchase Order with Pivot Interiors, Inc. for the Replace Furniture for BNY Field Clubs, United, Levi's 501, and Yahoo Clubs and Special Event Spaces CapEx Project and Related Budget Amendment
Report
BOARD PILLAR
Ensure Compliance with Measure J and Manage Levi's Stadium
BACKGROUND
As the Stadium Manager of Levi's Stadium, Forty Niners Stadium Management Company LLC is responsible for maintaining "the Stadium in the Required Condition and operate the Stadium as a quality NFL and multi-purpose public sports, public assembly, exhibit and entertainment facility" as required by the Management Agreement between the Stadium Authority, Forty Niners SC Stadium Company LLC (StadCo), and Stadium Manager.
The Stadium Authority Fiscal Year (FY) 2023/24 Capital Expense (CapEx) Budget includes a $1,503,000 line item for a Replace Furniture for BNY Field Clubs, United, Levi's 501 and Yahoo Clubs and Special Events Spaces project. The project replaces the free-standing furniture, including stools, chairs, tables, and sofas, in some of the most utilized spaces in the Stadium. The current furniture has been in place since the Stadium opened in 2014 and has aged due to normal wear and tear over the years. The furniture is located in shared spaces and are used for numerous events throughout the year including both NFL and Non-NFL Events.
The Stadium Manager is requesting approval for the following actions related to the Replace Furniture for BNY Field Clubs, United, Levi's 501 and Yahoo Clubs and Special Event Spaces CapEx Project (CapEx Project):
1. Approve a one-time purchase order to Pivot Interiors, Inc. in the amount of $1,738,204 to replace the free-standing furniture in the clubs and event spaces at Levi's Stadium;
2. Approve a budget amendment to increase the total budget amount for the CapEx Project by $335,204, from $1,503,000 to $1,838,204; and
3. Authorize the Stadium...
Click here for full text