Denver committee to weigh $1.5 million addition to Ferkam towing contract
The proposed amendment would bring Denver’s citywide towing agreement to $23 million and extend it through Aug. 31, 2027; public records do not yet explain the added cost or any rate changes.
Denver’s Finance and Business Committee is scheduled to consider adding $1.5 million to the city’s contract with Ferkam Inc. for citywide towing services, bringing the proposed total to $23 million and extending the agreement through Aug. 31, 2027.
The committee is scheduled to consider Resolution 26-1169 at 10:30 a.m. Tuesday, Aug. 11, in Room 391 of the City & County Building. The committee agenda lists the proposal as an action item. The Legistar matter record shows no final-action date or recorded action history.
The amendment also would revise Exhibit A-1, “Pricing - Bid Items.” The public records reviewed for this draft do not identify which bid items or rates would change, or explain why the additional money is needed. Legistar lists a resolution request and a General Services presentation as attachments, but their contents were not available through the public endpoints reviewed.
Denver’s official towing information says moving a vehicle carries a $100 tow fee and that owners are responsible for impound-lot fees before release. The page does not identify the $100 charge as a Ferkam contract rate or say whether the proposed amendment would change what residents pay.
The committee’s consideration is a scheduled step. The available record does not establish that the amendment has been approved or that the contract total has changed.