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PSO2019/03-2 FY19 Rates & Charges Analysis PURCHASE/SERVICE ORDER FOR MONROE COUNTY, FLORIDA Consultant: Newton &Associates, Inc. Purchase/Service Order No. 2019/3-2. Re: Financial Consulting Services Agreement, Dated February 15,2017 Project Name: Mid-Year Recalculation—FY 2019 Rates and Charges Analyses Description of Services: Mid-Year Fiscal Year 2019 Airline Rates and Charges (See Attachment"A",Scope of Services) Compensation: Lump Sum Fee: $24,500.00 Schedule: Start Date: Date Approved By County Days to Complete: 360 Prepared By: Approved ha 7)p.G(771&)C Newton &Associates, Inc. Monroe County Department of Airports Date: 4- I- 2_0/ 9 Date: J1 -11 Authorized by: 4 / OM r op�jy dm ms utor ASst. ou-ty ratZinis Intl r Date: Cs E ORNEY J.MERCAD ASSI ATTORNEY (7 / 9 Det Attachment"A" SCOPE OF SERVICES Key West International Airport Mid-Year Recalculation of Fiscal Year 2019 Airline Rates and Charges Analyses A. Scope Objective: This scope of services will include fmancial consulting services necessary to recalculate FY 2019 airline rates and charges at the Key West International Airport. The recalculation will be based on a cost recovery(compensatory)methodology using actual year-to-date operating and maintenance expenses and airline activity. Recommended adjustments for the mid-year recalculation will be provided to the Director of Airport's and other County personnel for finalization and distribution to the airlines serving the Airport. B. Service Tasks: Calculate Mid-year Budget Adjustment for Fiscal Year Ending 2019 Budget Airline Rates and Charges. NAI will prepare a mid-year adjustment to airline rates and charges for FY 2019 based on revenue and expense projections for the Airport's FY 2019,taking into consideration four to six-month actual operating and maintenance expenses and security grants received or anticipated for the Key West International Airport. A letter of transmittal, new rates and charges calculations for the mid-year adjustment and a power point presentation for the airlines will be provided. Assumptions: We have budgeted one,two-person,two-night trip to the Airport to meet with the EYW staff and EYW Airlines to present the FY 2019 mid-year recalculation of rates and charges. Revenue and expense projections for the Airport's FY 2019 will be provided by the County after taking into consideration four to six-month actual revenue and expenses, all in a level of detail necessary to calculate the mid- year rates and charges analysis. Fee: This service will be performed for a Lump Sum fee of$24,500.00. FDOIT Florida Department of Transportation RON DESANTIS 1000 NW 111 Avenue ERIIC TIDBAULT GOVERNOR Miami,FL 33172-5800 SECRETARY April 1,2019 Beth Leto Sr.Airport Business Manager Key West International Airport Monroe County Airports 3491 South Roosevelt Blvd., Key West, FL 33040 RE.: Key West International Airport Planning Studies FM#439285-1-94-01 Contract G0E77 Dear Ms.Leto: The Modal Development Office is in receipt of Monroe County's request for the use of EYW Planning Studies Grant for Airport Rates and Charges reconciliation, analysis and recalculation at Key West International Airport: • Financial Consulting Services to be provided by Newton&Associates for the following: $24,500 total amount to complete the Airport's FY2018 Year-end-rates and charges reconciliation. $24,500 total amount to complete the Airport's FY2019 Mid-year rates & charges analysis and recalculation. Note: All signed PSOs and completed reports shall be submitted to the Department for our record. Based on the information provided,FDOT concurs with Monroe County's request. Only expenses incurred on or after the date of the fully executed JPA/PTGA and otherwise eligible under the Agreement shall be reimbursed to Monroe County Airports—Key West International Airport. Should you have any questions or need additional information,please feel free to call me at(305)470-5411. Sincerely, Sunshine D. Cayubit Aviation&Seaport Programs Administrator Office of Modal Development-FDOT-District 6 Cc: Dionne Richardson File www.fdot.gov