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PSO 06-EYW Economic Impact Study Phase II 08/19/2019 PURCHASE/SERVICE ORDER FOR MONROE COUNTY Effective Date: Al St 1 ) 70 11 Purchase Service Order No. 06-EYW • Client Project No: 18071070 Project Name: Preparation of Economic Impact Study Phase II Description of Services: (See attached Scope of Services consisting of 4 pages) Days to Complete 42 days Lump Sum Fee $35,266 Payment for Services shall be in their entirety as per PSO. Witness: Consultant: Name: F e4-h L e.+V N e: Bonnie A. Ossege Date: 3 ) 19 Date: August 13, 2019 Accepted by: Approved b : irector of Airports Asst./County Administrator Date: _ I 3 I Date: d%/q. �v lit loPROE MORN& ASSIS ANT COUNTY ATTORNEY 0���/lS Date RICONDO® January 22, 2019 Mr. Richard Strickland Director of Airports County of Monroe 3491 South Roosevelt Blvd Key West, FL 33040 RE: Proposed Scope of Services to Conduct an Economic Impact Study— Phase II Dear Mr. Strickland: Ricondo &Associates (Ricondo) is pleased to submit the attached proposed scope of services and related costs to conduct an economic impact study evaluating the individual economic benefits associated with the Key West International Airport. Ricondo estimates that Phase II of the economic impact study will be completed in six weeks and proposes a total fee not to exceed $35,266, which will be invoiced on a lump sum basis. We value our relationship with the County of Monroe and look forward to working with you on this assignment. If you have any questions regarding this scope of work and proposal or would like to discuss further, please don't hesitate to contact me at 513-651-4700 ext. 211 or by email at bossege@ricondo.com. Sincerely, RICONDO &ASSOCIATES,INC. �. Cij-j7 Bonnie A. Ossege Vice President Attachments cc: Robin Brinkman, Ricondo Bryan Elliott, Ricondo 312 WALNUT STREET I SUITE 3310 I CINCINNATI,OH 45202 I TEL 513-651-4700 I WWW.RICONDO.COM COUNTY OF!MONROE KEY WEST INTERNATIONAL AIRPORT Proposed Scope of Services to Conduct an Economic Impact Study Phase II 1.0 Objective Ricondo &Associates, Inc. (Ricondo) is pleased to submit this proposed scope of services and related costs to conduct an economic impact study for the County of Monroe (County) to measure the direct and indirect economic impacts of the Key West International Airport(Airport). The following sections describe our technical approach, schedule, and cost estimate for completing Phase II of this project. 2.0 Technical Approach 2.1 DOCUMENTATION AND PRESENTATION OF RESULTS Ricondo will prepare a draft and final report (in Word and PDF format) containing the Phase I results of the study. This report will be used by the County to prepare promotional materials that highlight the economic impact of the Airport. The report will include the following: • Executive summary • Purpose of the study • Profile of the Airport • Description of the technical approach, including an appendix detailing the methodology employed • Results of the study, including metrics for an average impact per route of air service activity • Relevant tables, maps, charts, and exhibits illustrating the key findings Ricondo will present the results of the draft report to County staff during an on-site meeting and to the Board during an on-site meeting. These two meetings will include the participation of two Ricondo staff. Proposed Scope of Services January 22, 2019 Economic Impact Study—Phase II [1] COUNTY OF MONROE KEY WEST INTERNATIONAL AIRPORT 3.0 Schedule Ricondo estimates that the economic impact study will be completed in six weeks from notice to proceed. A proposed timeline to conduct the economic impact study is presented below: ESTIMATED STEPS TIMEFRAME Create report Weeks 1&2 Review draft report with County staff Week 3 Update report as needed Week 4 Present final report to County staff Week 5 Present final report to the Board Week 6 4.0 Budget The budget to conduct an economic impact study is depicted in the attached Table 1. As shown, this project will be performed for a fee not to exceed $35,266, which will be invoiced on a lump sum basis. Proposed Scope of Services January 22, 2019 Economic Impact Study—Phase II [2] Table 1 Fee Estimate for Key West International Airport Economic Impact Study-Phase II Officer Director Managing Consultant Senior Consultant Admin/Graphics Support Total Labor Reimbursable Total Task Hours Cost Hours Cost Hours Cost Hours Cost Hours Cost Hours Cost Expenses Fee Estimate Billing Rate $ 337 Rate $290 $ 240 $ 199 $ 95 1. Documentation and Presentation of Results" 8 $ 2,696 16 $ 4,640 24 $ 5,760 70 $ 13,930 32 $ 3,040 150 $ 30,066 $ 5,200 $ 35,266 Total 8 $ 2,696 16 $ 4,640 24 $ 5,760 70 $ 13,930 32 $ 3,040 150 $ 30,066 $ 5,200 $ 35,266 NOTES: 1/Includes two on-site meeting for two Ricondo staff to present survey results to County staff and the Board. SOURCE:Ricondo&Associates,Inc,January 2019