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HomeMy WebLinkAboutAECOM_-_PSA_-_New_Ballpark_-_4.7.2025Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM AECOM 319-232-6531 tel 501 Sycamore Street 319-232-0271 fax Suite 222 Waterloo, Iowa 50703 www.aecom.com RIVERFRONT STADIUM FEASIBILITY STUDY CITY OF WATERLOO PROFESSIONAL SERVICE AGREEMENT This Agreement is made and entered by and between AECOM Technical Services, Inc., 501 Sycamore Street, Suite 222, Waterloo, Iowa, hereinafter referred to as "ATS" and City of Waterloo, 715 Mulberry Street, Waterloo, Iowa, hereinafter referred to as "CLIENT." IN CONSIDERATION of the covenants hereinafter set forth, the parties hereto mutually agree as follows: I. SCOPE OF SERVICES ATS shall perform professional Services (the "Services") in connection with CLIENT's facilities in accordance with the Scope of Services set forth in Exhibit A attached hereto. II. ATS'S RESPONSIBILITIES ATS shall, subject to the terms and provisions of this Agreement: (a) Appoint one or more individuals who shall be authorized to act on behalf of ATS and with whom CLIENT may consult at all reasonable times, and whose instructions, requests, and decisions will be binding upon ATS as to all matters pertaining to this Agreement and the performance of the parties hereunder. (b) Use all reasonable efforts to complete the Services within the time period mutually agreed upon, except for reasons beyond its control. (c) Perform the Services in accordance with generally accepted professional engineering standards in existence at the time of performance of the Services. If during the two-year period following the completion of Services, it is shown that there is an error in the Services solely as a result of ATS's failure to meet these standards, ATS shall re -perform such substandard Services as may be necessary to remedy such error at no cost to CLIENT. Since ATS has no control over local conditions, the cost of labor and materials, or over competitive bidding and market conditions, ATS does not guarantee the accuracy of any construction cost estimates as compared to contractor's bids or the actual cost to the CLIENT. ATS makes no other warranties either express or implied and the parties' rights, liabilities, responsibilities and remedies with respect to the quality of Services, including claims alleging negligence, breach of warranty and breach of contract, shall be exclusively those set forth herein. (d) ATS shall, if requested in writing by CLIENT, for the protection of CLIENT, require from all vendors and subcontractors from which ATS procures equipment, materials or services for the project, guarantees with respect to such equipment, materials and services. All such guarantees shall be made available to CLIENT to the full extent of the terms thereof. ATS's liability with respect to such equipment, and materials obtained from vendors or services from subcontractors, shall be limited to procuring guarantees from such vendors or subcontractors and rendering all reasonable assistance to CLIENT for the purpose of enforcing the same. Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Page 2 (e) ATS will be providing estimates of costs to the CLIENT covering an extended period of time. ATS does not have control over any such costs, including, but not limited to, costs of labor, material, equipment or services furnished by others or over competitive bidding, marketing or negotiating conditions, or construction contractors' methods of determining their prices. Accordingly, it is acknowledged and understood that any estimates, projections or opinions of probable project costs provided herein by ATS are estimates only, made on the basis of ATS's experience and represent ATS's reasonable judgment as a qualified professional. ATS does not guaranty that proposals, bids or actual project costs will not vary from the opinions of probable costs prepared by ATS, and the CLIENT waives any and all claims that it may have against ATS as a result of any such variance. III. CLIENT'S RESPONSIBILITIES CLIENT shall at such times as may be required for the successful and expeditious completion of the Services; (a) Provide all criteria and information as to CLIENT's requirements; obtain all necessary approvals and permits required from all governmental authorities having jurisdiction over the project; and designate a person with authority to act on CLIENT's behalf on all matters concerning the Services. (b) Furnish to ATS all existing studies, reports and other available data pertinent to the Services, and obtain additional reports, data and services as may be required for the project. ATS shall be entitled to rely upon all such information, data and the results of such other services in performing its Services hereunder. IV. INDEMNIFICATION ATS agrees to indemnify and hold harmless CLIENT from and against any and all suits, actions, damages, loss, liability or costs (including, without limitation, reasonable attorneys' fees directly related thereto) for bodily injury or death of any person or damage to third party property if and to the extent arising from the negligent errors or omissions or willful misconduct of ATS during the performance of the Services hereunder. V. INSURANCE Commencing with the performance of the Services, and continuing until the earlier of acceptance of the Services or termination of this Agreement, ATS shall maintain standard insurance policies as follows: (a) Workers' Compensation and/or all other Social Insurance in accordance with the statutory requirements of the state having jurisdiction over ATS's employees who are engaged in the Services, with Employer's Liability not less than One Hundred Thousand Dollars ($100,000) each accident; (b) Commercial General Liability including third party Bodily Injury and Property Damage Liability and Contractual Liability insurance in a limit of One Million Dollars ($1,000,000) each occurrence and in the aggregate. (c) Business Auto Liability Insurance (owned, non -owned or hired) in a combined single limit of One Million Dollars ($1,000,000). Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Page 3 ATS agrees to include CLIENT as Additional Insured on the Commercial General Liability and Business Auto Liability policies, but only to the extent of ATS's negligence under this agreement and only to the extent of the insurance limits specified herein. (d) Professional Liability Insurance with limits of $1,000,000 per claim and in the aggregate covering ATS against all sums which ATS may become legally obligated to pay on account of any professional liability arising out of the performance of this Agreement. ATS agrees to provide CLIENT with certificates of insurance evidencing the above -described coverage prior to the start of Services hereunder and annually thereafter if required. ATS shall provide prompt notice to the CLIENT in the event of cancellation, material change, or non -renewal per standard ISO Acord Form wording and the policy provisions. VI. COMPENSATION AND TERMS OF PAYMENT Compensation for the services shall be on an hourly basis in accordance with the hourly fees and other direct expenses in effect at the time the services are performed. Total compensation is a not -to -exceed fee of Fifty -Nine Thousand Seven Hundred Dollars ($59,700.00). ATS may bill the Client monthly for services completed at the time of billing. CLIENT agrees to pay ATS the full amount of such invoice within thirty (30) days after receipt thereof. In the event CLIENT disputes any invoice item, CLIENT shall give ATS written notice of such disputed item within ten (10) days after receipt of invoice and shall pay to ATS the undisputed portion of the invoice according to the provisions hereof. CLIENT agrees to abide by any applicable statutory prompt pay provisions currently in effect. VII. TERMINATION CLIENT may, with or without cause, terminate the Services at any time upon fourteen (14) days written notice to ATS. The obligation to provide further Services under this Agreement may be terminated by either party upon fourteen (14) days' written notice in the event of substantial failure by the other party to perform in accordance with the terms hereof through no fault of the terminating party, providing such defaulting party has not cured such failure, or, in the event of a non -monetary default, commenced reasonable actions to cure such failure. In either case, ATS will be paid for all expenses incurred and Services rendered to the date of the termination in accordance with compensation terms of Article VI. VIII. OWNERSHIP OF DOCUMENTS (a) Sealed original drawings, specifications, final project specific calculations and other instruments of service which ATS prepares and delivers to CLIENT pursuant to this Agreement shall become the property of CLIENT when ATS has been compensated for Services rendered. CLIENT shall have the right to use such instruments of service solely for the purpose of the construction, operation and maintenance of the Facilities. Any other use or reuse of original or altered files shall be at CLIENT's sole risk without liability or legal exposure to ATS and CLIENT agrees to release, defend and hold ATS harmless from and against all claims or suits asserted against ATS in the event such documents are used for a purpose different than originally prepared even though such claims or suits may be based on allegations of negligence by ATS. Nothing contained in this paragraph shall be construed as limiting or depriving ATS of its rights to use its basic knowledge and skills to design or carry out other projects or work for itself or others, whether or not such other projects or work are similar to the work to be performed pursuant to this Agreement. Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Page 4 (b) Any files delivered in electronic medium may not work on systems and software different than those with which they were originally produced and ATS makes no warranty as to the compatibility of these files with any other system or software. Because of the potential degradation of electronic medium over time, in the event of a conflict between the sealed original drawings and the electronic files, the sealed drawings will govern. IX. MEANS AND METHODS (a) ATS shall not have control or charge of and shall not be responsible for construction means, methods, techniques, sequences or procedures, or for safety measures and programs including enforcement of Federal and State safety requirements, in connection with construction work performed by CLIENT's construction contractors. Nor shall ATS be responsible for the supervision of CLIENT's construction contractors, subcontractors or of any of their employees, agents and representatives of such contractors; or for inspecting machinery, construction equipment and tools used and employed by contractors and subcontractors on CLIENT's construction projects and shall not have the right to stop or reject work without the thorough evaluation and approval of the CLIENT. In no event shall ATS be liable for the acts or omissions of CLIENT's construction contractors, subcontractors or any persons or entities performing any of the construction work, or for the failure of any of them to carry out construction work under contracts with CLIENT. (b) In order that ATS may be fully protected against such third -party claims, CLIENT agrees to obtain and maintain for the benefit of ATS the same indemnities and insurance benefits obtained for the protection of the CLIENT from any contractor or subcontractor working on the project and shall obtain from that contractor/subcontractor insurance certificates evidencing ATS as an additional named insured. X. INDEPENDENT CONTRACTOR ATS shall be an independent contractor with respect to the Services to be performed hereunder. Neither ATS nor its subcontractors, nor the employees of either, shall be deemed to be the servants, employees, or agents of CLIENT. XI. PRE-EXISTING CONDITIONS Anything herein to the contrary notwithstanding, title to, ownership of, legal responsibility and liability for any and all pre-existing contamination shall at all times remain with CLIENT. "Pre-existing contamination" is any hazardous or toxic substance present at the site or sites concerned which was not brought onto such site or sites by ATS. CLIENT agrees to release, defend, indemnify and hold ATS harmless from and against any and all liability which may in any manner arise in any way directly or indirectly caused by such pre-existing contamination except if such liability arises from ATS's sole negligence or willful misconduct. CLIENT shall, at CLIENT's sole expense and risk, arrange for handling, storage, transportation, treatment and delivery for disposal of pre-existing contamination. CLIENT shall be solely responsible for obtaining a disposal site for such material. CLIENT shall look to the disposal facility and/or transporter for any responsibility or liability arising from improper disposal or transportation of such waste. ATS shall not have or exert any control over CLIENT in CLIENT's obligations or responsibilities as a generator in the storage, transportation, treatment or disposal of any pre- existing contamination. CLIENT shall complete and execute any governmentally required forms relating to regulated activities including, but not limited to generation, storage, handling, treatment, Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Page 5 transportation, or disposal of pre-existing contamination. In the event that ATS executes or completes any governmentally required forms relating to regulated activities including but not limited to storage, generation, treatment, transportation, handling or disposal of hazardous or toxic materials, ATS shall be and be deemed to have acted as CLIENT's agent. For ATS's Services requiring drilling, boring, excavation or soils sampling, CLIENT shall approve selection of the contractors to perform such services, all site locations, and provide ATS with all necessary information regarding the presence of underground hazards, utilities, structures and conditions at the site. XII. LIMITATION OF LIABILITY CLIENT agrees that ATS's liability for the act, error or omission in its performance of services under this Agreement shall in no event exceed the amount of the total compensation received by ATS. It is intended by the parties to this Agreement that ATS's services in connection with the project anticipated herein shall not subject ATS's individual employees, officers, or directors to any personal legal exposure for the risks associated with this project. XIII. DISPUTE RESOLUTION If a dispute arises out of, or relates to, the breach of this Agreement and if the dispute cannot be settled through negotiation, then ATS and the CLIENT agree to submit the dispute to mediation. In the event ATS or the CLIENT desires to mediate any dispute, that party shall notify the other party in writing of the dispute desired to be mediated. If the parties are unable to resolve their differences within 10 days of the receipt of such notice, such dispute shall be submitted for mediation in accordance with the procedures and rules of the American Arbitration Association (or any successor organization) then in effect. The deadline for submitting the dispute to mediation can be changed if the parties mutually agree in writing to extend the time between receipt of notice and submission to mediation. The expenses of the mediator shall be shared 50 percent by ATS and 50 percent by the CLIENT. This requirement to seek mediation shall be a condition required before filing an action at law or in equity. However, prior to or during the negotiations or the mediation either party may initiate litigation that would otherwise be barred by a statute of limitations, and ATS may pursue any property liens or other rights it may have to obtain security for the payment of its invoices. XIV. MISCELLANEOUS (a) This Agreement constitutes the entire agreement between the parties hereto and supersedes any oral or written representations, understandings, proposals, or communications heretofore entered into by or on account of the parties and may not be changed, modified, or amended except in writing signed by the parties hereto. In the event of any conflict between this contract document and any of the exhibits hereto, the terms and provisions of this contract document shall control. In the event of any conflict among the exhibits, the exhibit of the latest date shall control. (b) This Agreement shall be governed by the laws of the State of Iowa. (c) ATS may subcontract any portion of the Services to a subcontractor approved by CLIENT. In no case shall CLIENT's approval of any subcontract relieve ATS of any of its obligations under this Agreement. Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Page 6 (d) In no event shall either party be liable to the other for indirect or consequential damages, including, but not limited to, loss of use, loss of profit or interruption of business, whether arising in contract, tort (including negligence), statute, or strict liability. (e) In the event CLIENT uses a purchase order form to administer this Agreement, the use of such form shall be for convenience purposes only, and any typed provision in conflict with the terms of this Agreement and all preprinted terms and conditions contained in or on such forms shall be deemed stricken and null and void. (f) This Agreement gives no rights or benefits to anyone other than CLIENT and ATS and does not create any third -party beneficiaries to the Agreement. IN WITNESS WHEREOF, the parties hereto have executed this agreement on the day and year written below. APPROVED FOR CITY OF WATERLOO DocuSigned by: By: �c,tln (kav't y D0.,2.A70NtC0440... APPROVED FOR AECOM TECHNICAL SERVICES, INC. By: #u/A g[z%2Gv� Printed Name: Quentin Hart Printed Name: Michelle M. Sweeney, PE, PTOE Title: Mayor Title: Associate Vice President Date: 4/7/2025 Date: March 12, 2025 Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM RIVERFRONT STADIUM FEASIBILITY STUDY CITY OF WATERLOO, IOWA EXHIBIT A I. PROJECT DESCRIPTION Page 7 AECOM will conduct a feasibility study for the Riverfront Stadium. The existing stadium requires extensive upgrades for safety and the analysis will analyze factors cost, capacity, functionality, location, local market, and the feasibility of renovating the existing structure versus building a new, multi -purpose stadium in Waterloo, Iowa. II. SCOPE OF SERVICES The services provided under this agreement will include personnel and services necessary to complete the feasibility study. Task 1 — Existing Conditions Analysis. AECOM would begin the analysis by reviewing existing conditions for the site and environs, the City of Waterloo, Black Hawk County and the greater region, to better understand: • Current market penetration/saturation for the Waterloo Bucks minor league baseball team during the past three seasons. • Gather existing market data, including: - Market demographics (age, income levels, etc.) - Future population growth projections for the City and the region - Visitor/fan origin (City of Waterloo, Black Hawk County, other) for historic events at Riverfront Stadium for Bucks games and other events - Spending patterns and demand for related goods and services (concessions, merchandise, etc.) in the target market (to the extent such information is available) - Induced spending in the immediate vicinity (pre- and post -game meals, trips to local restaurants and breweries, etc.) (to the extent such information is available) For this analysis, AECOM will obtain data for Riverfront Stadium, including: • Visitor numbers and data • Recent profit & loss data (from at least the last five years), including revenues (amounts and sources), operating expenses, costs, and tax expenses for both the Bucks and Riverfront Stadium • Recent surveys conducted of game attendees indicating preferences, demographics. • Event history for Riverfront Stadium for the past five years • Additional information available regarding fan demographics, city/county of origin, spending preferences Task 2 — Stakeholder Engagement and Quantified Market Analysis. AECOM proposes to conduct interviews with 10 — 15 key local stakeholders and stadium user groups. It is anticipated that seven stakeholder meetings will be held virtually by AECOM staff located outside of Waterloo, Iowa. We will work with the City to determine the optimal list of stakeholders to interview, but ideally the list should include representatives from: • Current users of the facility (the Bucks, other users) along with potential future users including high school, collegiate and other organizations Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM • City of Waterloo staff • Vendors and/or local businesses supplying goods and services to the current facility • Regional civic and community organizations Page 8 In addition, AECOM will directly contact other potential stadium event organizers to determine the potential demand for non -Bucks events at the renovated or new stadium. Potential groups to be contacted may include, but will not be limited to: • National, regional and local concert and sporting event promoters • Other collegiate athletic organizations (i.e. NCAA, NAIA) • State/regional high school athletic associations and institutions • Other potential stadium user events Task 3 — Comparable/Competitive Facilities Research. AECOM will conduct research into communities around the country that have built, or are in the process of building, similar sports facilities for minor league baseball teams, including competing facilities in the region, as well as examples from other areas. • AECOM would first determine which facilities would be considered direct competitors and vet these with the City and other key stakeholders. We would estimate market capture/market share of these facilities, and recommend ways to reduce these leakages, if applicable. • We would also identify other independent baseball franchise facilities in communities of comparable size and character to Waterloo that have been developed or are currently under development. • The results of this analysis will allow AECOM to provide the City with a summary of best practices, and suggestions for planning and programming to maximize revenues for the renovated or new facility. This evaluation will document successes of other facilities and make note of "lessons learned" and pitfalls to avoid in the development process. • Based on the findings of this research, AECOM will recommend ways in which the new facility could be positioned for comparative advantages in the entertainment and professional sports markets. Task 4 — Preliminary Building Program Recommendations and ROM Cost Estimate. Based on the estimated utilization for the proposed stadium, AECOM will develop a set of preliminary building program recommendations that will include, but will not necessarily be limited to, total seating capacity, seating configuration, premium seating inventory and amenities, general recommendations for premium club space square footage, concourse amenities (concessions points of sale, restrooms, etc.), administrative space, locker rooms and other support spaces. Based on these preliminary program recommendations, AECOM will develop a Range of Magnitude (ROM) cost estimate to provide the City with an initial understanding of the potential capital cost required to develop a new ballpark in Waterloo. Task 5 — Financial Analysis. Based on the estimated event mix, informed by the findings of Tasks 1, 2 and 3, we will develop a utilization model for the proposed renovated or new ballpark that will summarize potential events to be held at the stadium on an annual basis. The utilization model will then be used to develop the underlying assumptions for a financial operating model for the proposed ballpark. This model will present revenues by type of event and source of revenue, including admissions, concessions, merchandise, facility rental, parking, premium seating, advertising, naming rights and other revenues. Expenses will include administrative costs, utilities, contract services, maintenance and repairs, materials and supplies, insurance and other expenses. The model will be constructed to allow for sensitivity analysis to estimate the financial operating results under a variety of operating assumptions and scenarios. Docusign Envelope ID: 722763F4-1 F54-4496-BA4C-953837DF90A0 AECOM Project Administration and Meetings (Tasks 6 and 7) Page 9 These tasks include project administration, coordination, and meetings throughout the project development. It is anticipated that three meetings will be attended virtually by AECOM staff located outside of Waterloo, Iowa. The following identifies tasks leading to the completion of project administration, meetings, and coordination during the design phase of the project: Task 6 — Project Meetings (3) Task 7 — Project Administration DELIVERABLES AECOM will develop a report, beginning with an executive summary followed by a detailed explanation of the methodologies and approaches used, including supporting charts, graphs and tables, for the following elements: • Existing conditions • Summary of results of stakeholder engagement • Review of comparable/competitive facilities • Utilization model • Preliminary building program and cost estimate • Operational pro forma financial statements ADDITIONAL ECONOMIC AND FISCAL IMPACT ASSESSMENT, FUNDING ANALYSIS, DESIGN AND CONSTRUCTION -RELATED SERVICES It is not anticipated that additional economic and fiscal impact assessment, funding analysis, design and construction -related services will be required at this time. If it is determined the services are needed, the services will be defined under a future amendment to this Agreement. The scope of the final plan and specifications for repairs and improvements will be determined at the time services are needed and defined under a future amendment to this Agreement. The scope of construction -related services will be determined at the time the services are needed and defined under a future amendment to this Agreement. Construction -related services include construction staking, on -site field review, materials testing and contract administration during construction. L:\Secure_DCS\Administration\AGREE\PROF\Wat Riverfront Stadium Feasibility Study.doc