The Nampa City Council gave the green light to Mayor Bob Henry Monday night to negotiate a five-year contract with a new company to manage the Ford Idaho Center.
Spectra is expected to take over operations on Oct. 1 from existing contractor SMG once a final contract is approved by the City Council, according to a news release from the city of Nampa.
A task force evaluated three proposals to manage the center — recommending Spectra to the council over SMG, which has held the management contract since 2005. The third proposal came from Boise State University and CMoore Live.
The proposals were evaluated based on the companies’ experience, qualifications, references, management team quality, operational approach, methodology, proposed financial compensation package, investments and financial stability, according to the release.
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Factors that gave Spectra the edge include a promise to refund part of its base fee if the Idaho Center doesn’t meet a certain net income benchmark each year and an increase in the number of projected events Spectra expects to hold at the center, the release states.