PSO2020/01-2 FY20 Mid-Year Airline Rates & Charges 01/22/2020 PURCHASE/SERVICE ORDER
FOR
MONROE COUNTY,FLORIDA
Consultant: Newton&Associates. Inc. Purchase/Service Order No. 00 1-2.
Re: Financial Consulting Services Akreement Dated February 15 2017
Project Name: Mid-Year Recalculation—FY 2020 Rates and Char es Analyses
Description of Services:
Mid-Year Fiscal Year 2020 Airline Rates and Charges
(See Attachment"A",Scope of Services)
Compensation:
Lump Sum Fee: 900.00 µ m
Schedule:
Start Date: Date Approved By County
Days to Complete: 360
Prepared By: Approved B ; '" Wp ,o "
Newton&Associates, Inc. Monroe County Department of Airports
Date: /
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Approved By: NROE COUNTY ATTOnNEY
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ASSIS �NTY ATTORNEY
Ass ounty Administrator Date /22/20
Attachment "A"
SCOPE OF SERVICES
Key West International Airport
Mid-Year Recalculation of
Fiscal Year 2020 Airline Rates and Charges Analyses
A. Scope Objective: This scope of services will include financial consulting services
necessary to recalculate FY 2020 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 2020 Budget
Airline Rates and Charges. NAI will prepare a raid-year adjustment to airline
rates and charges for FY 2020 based on revenue and expense projections for the
Airport's FY 2020, 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 2020 mid-year recalculation of
rates and charges. Revenue and expense projections for the Airport's FY 2020
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$18,000.00.