CAP Metro
File #: AI-2024-1310   
Type: Resolution Status: Passed
File created: 10/1/2024 In control: Board of Directors
On agenda: 10/28/2024 Final action: 10/28/2024
Title: Approval of a resolution authorizing the President & CEO, or her designee, to finalize and execute a contract, including a lease agreement, with Bright Horizons Family Solutions, LLC for the operation of the Childcare and Learning Center for one base year and four one-year options for a total contract amount of $230,000.
Attachments: 1. Board Childcare Update October 2024 Final

SUBJECT:
title
Approval of a resolution authorizing the President & CEO, or her designee, to finalize and execute a contract, including a lease agreement, with Bright Horizons Family Solutions, LLC for the operation of the Childcare and Learning Center for one base year and four one-year options for a total contract amount of $230,000.
end

FISCAL IMPACT:
Funding for this action is in the proposed FY2025 Operating Budget.

STRATEGIC PLAN:
Strategic Goal Alignment:
? 1. Customer ? 2. Community
? 3. Workforce ? 4. Organizational Effectiveness

Strategic Objectives:
? 1.1 Safe & Reliable Service ?1.2 High Quality Customer Experience ? 1.3 Accessible System
? 2.1 Support Sustainable Regional Growth ? 2.2 Become a Carbon Neutral Agency
? 2.3 Responsive to Community and Customer Needs ? 2.4 Regional Leader in Transit Planning
? 3.1 Diversity of Staff ? 3.2 Employer of Choice ? 3.3 Expand Highly Skilled Workforce
? 4.1 Fiscally Responsible and Transparent ? 4.2 Culture of Safety ? 4.3 State of Good Repair

EXPLANATION OF STRATEGIC ALIGNMENT: CapMetro provides support for the Childcare Center to support CapMetro families and the community that need access to quality childcare. In addition, the proposed contract provides a fiscally responsible solution to continued operation of the Childcare Center through a lease approach and substantially reduced financial contributions from CapMetro.

BUSINESS CASE: Maintaining the Center allows Capital Metro to fill a childcare void in the community while also benefiting CapMetro employees who are able to utilize the Center. The proposed contract award is based on Bright Horizons' proposal to provide high quality education, maintain National Association for Young Children accreditation and to operate the Center under a lease agreement with declining financial contributions from CapMetro during the term of the cont...

Click here for full text