PSO 04-EYW-18071070 Financial Planning ServicesPURCHASE / SERVICE ORDER
1110
MONROE COUNTY
Effective Date: P :'e C L2 c )_ Purchase Service Order No. 04-EYW-18071070
coo q — 6 Sot Vi - 53o 0 -..F
Client Project No: !aPq"" 1 '' 5— 530 3 I 0
Project Name: Financial Planning Services
Description of Services: Ricondo & Associates, Inc. (Ricondo) will provide financial planning
services for the County of Monroe (County) to plan for the implementation of capital projects
identified in the Master Plan Update for the Key West International Airport (Airport).
(See attached Scope of Services consisting of _2_ pages)
Days to Complete 240 days / 7 months Lump Sum Fee $49,867.00
Payment for Services shall be in their entirety as per PSO.
Witness: Consultant:
Name:_ —Mark Ossege N e: Bonnie A. Ossege
Date: April 22, 2019
Accepted by:
Director of Airports
Dire
Date:
Date: Apri122, 2019
Approved
4 , i
Asst./County Administrator
Date:
PURCHASE / SERVICE ORDER
FOR
MONROE COUNTY
Effective Date: C. Purchase Service Order No. 04-EY-1807107
40q--(� o!c7- 3 µ
Client Project No:
Project Name: _.......... _Financial Planning Services
Description of Services: Ricondo & Associates, Inc. (Ricondo) will provide financial planning
services for the County of Monroe (County) to plan for the implementation of capital projects
identified in the Master Plan Update for the Key West International Airport (Airport).
(See attached Scope of Services consisting of _2_ pages)
Days to Complete 240 days / 7 months Lump Sum Fee $49 867.00
Payment for Services shall be in their entirety as per PSO.
Witness: Consultant:
Name: Mark Ossege N e:�Bonnie A. Ossege.
Date: Aril 22t_ 20l 9
Accepted by:
Director of Airports
Date: µ
Date: Aril 22, 2019 _
Approved
Asst./County Administrator
Date:
NROE COUNTY
ATTORNEY
ArPlOVE 9 FORM((,,,,
/
r PED O J.
ASSIST
UNTY ATTORNEY
Date 1
2/14/2020
COUNTY OF MONROE KEY WEST INTERNATIONAL AIRPORT
Proposed Scope of Service -
I
for Financial Planning Servicel
Ricondo & Associates, Inc. (Ricondo) is pleased to submit this proposed scope of services and related costs
provide financial planning services for the County of Monroe (County) to plan for the implementation of capi
projects identified in the Master Plan Update for the Key West International Airport (Airport). The followi
sections describe our technical approach, schedule, and cost estimate for completing this task. I
2.0 Technical Approacl
The recent Master Plan Update for the Airport identified a robust capital program to meet future demand for
the Airport. Ricondo will coordinate with the County and the County's other consultants, as needed, to provide
the following services, as required,
assist the County in the measurement of operating and financial goals. One meeting with County staff
is expected to be undertaken in conjunction with this task.
Identification of Funding Options includes the research and determination of eligibility for potential
funding options including but not limited to Federal Aviation Administration (FAA) grants, Florida
Department of Transportation (FDOT) grants, Passenger Facility Charges (PFC), Customer Facility
Charnes (CFC , and debt fundinQ for the ca•i Prog ram
the FAA and FDOT.
Preparation of Financial Projectioprojection period will allow the County to evaluate
the financial feasibility Of undertaking the capital program. The financial projections will include the
oltimal �lan of finance, trci�ectecl airline rates and charges cost Xff-a"Janecl %assen, ler, fund balances
Pnd deounty staff is expected to be scheduled to discuss the
financial projections.
Proposed S,., ope of Services March 4, 2019
Financial Planning Servkes [I]
KEY WEST INTERNATIONAL AIRPORT
0 Preliminary planning for the implementation of an airline use and lease agreement will be
undertaken to begin to identify the optimal business methodology to contract with the airline partners
of the Airport. This subtask will include the identification of trends in airline airport relationships that
Ricondo has observed recently in the negotiation of airline use and lease agreements at other airports.
One meeting with County staff and the County's other financial consultants is expected to be
w Other Financial Planning Services can be provided as identified bvthe County. Asafull-service
aviation planning firm, Ricondo has the resources to assist with a broad variety offinancial planning
services that include concession planning, aviation demand planning, ground transportation planning,
and general strategic planning,
Ricondoestimates that the financial planning services will be undertaken from notice to proceed through
Oeoember2O19.
The budget to conduct an economic impact study is depicted in the attached Table 1, As shown, this project
will be performed fora fee not to exceed $49\867 including approved mut'ofpocket expenses, which are
reimbursable at cost.
Proposed Scope o,Services March 4, 2019
Financial pla� Services
Planning [2]
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