Compass Group Canada Ltd. - Contract Amendments

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2019-10-24 · Board of Management of the Toronto Zoo · adopted

As filed

The Board of Management of the Toronto Zoo: 1. Approved amendments to the current Agreement with Compass Group Canada Ltd., including: a. extension of the Agreement for a period of 5 years from the current end date of March 31, 2025; and b. a contribution of $3.0 million to the Toronto Zoo Wildlife Conservancy from Compass, payable in two (2) instalments of $1.5 million on November 30, 2019 and October 31, 2020 respectively, replacing a 2020 capital payment of $0.5 million and minimum annual margin guarantee moving forward.

On the agenda

As the city filed it

This report recommends amendments to the contract with Compass Group Canada Ltd. for food services operations at the Toronto Zoo based on negotiations and a review of the relationship in the first five (5) years of the current Agreement.

Staff recommended

It is recommended that the Board approve amendments to the current Agreement with Compass Group Canada Ltd., including: 1. extension of the Agreement for a period of 5 years from the current end date of March 31, 2025; and 2. a contribution of $3.0 million to the Toronto Zoo Wildlife Conservancy from Compass, payable in two (2) instalments of $1.5 million on November 30, 2019 and October 31, 2020 respectively, replacing a 2020 capital payment of $0.5 million and minimum annual margin guarantee moving forward.

On the record

The item as the City filed it