The contract is for a Fairgrounds Rodeo Arena Naming Sponsorship, where Anderson Ford Kingman will provide annual payments to Mohave County for the naming rights of the Rodeo Arena. The contract is for a five-year period, with payments starting at $12,500 in the first year and increasing by $2,500 each year thereafter. The total contract value is $87,500.
• The contract was issued through a Request for Proposals (RFP) process.
• The RFP was issued on November 18, 2022, and one sealed proposal was received on December 20, 2022.
• A Selection Committee evaluated the proposal and recommended entering into negotiations with the sole offeror.
• The contract is a revenue-generating contract, with the sponsor providing annual payments to the County for Fairgrounds operations.