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PSO2020/07-1 FY21 Airline Rates & Charges PURCHASE/SERVICE ORDER FOR MONROE COUNTY, FLORIDA Consultant: Newton &Associates, Inc. Purchase/Service Order No, 2020 7-1. Re: Financial Consulting Services Agreement, Dated February 15, 2017 Project Name: Budget FY 2021 Airline Rates and Charges Description of Services: Budget Fiscal Year 2021 Airline Rates and Charges (See Attachment"A",Scope of Services) Compensation: Lump Sum Fee: , ____ 42,500.00_ Schedule: Start Date: Date Approved By County Days to Complete: 180 Prepared By: Recommended B Newton &Associates, Inc. Monroe County Department of Airports Date: �1 0 — Date: NROE COUNTY ATTO11NEY iaV7E FORMApproved By: ICED O J. ABBITA U ATTORNEY Date 7/7/20 County A minis rator # r Date: 1 ATTACHMENT"A" SCOPE OF SERVICES MONROE COUNTY KEY WEST INTERNATIONAL AIRPORT BUDGET FY 2021 AIRLINE RATES&CHARGES Project Description: Assist the County in the continued implementation of airline rates and charges for the Key West International Airport. This scope of services will include financial consulting services necessary to calculate FY 2021 airline rates and charges based on a cost recovery(compensatory) methodology and review same with the Director of Airports and other County personnel for finalization and distribution and presentation to the airlines serving the Airport.This scope of services shall also include the consultation with the airlines serving the Airport and implementation of any revisions to FY 2021 Budget Airline Rates and Charges resulting from said consultation meeting as directed by the Director of Airports. Monitoring of aircraft landed weight and enplanement activity recovery levels from COVID-19 related declines as well as recommendations on any necessary actions will be provided in advance of the ordinary Mid-Year FY 2021 Budget Review. This Service will include the following tasks: Task 1 Rates & Charges Implementation Strategy Coordination. NAI will coordinate with Airport Management and others as necessary to (1) review current status of the methodology and allocation rates developed in previous Rates and Charges Studies which are currently utilized by the County to establish airline rates, fees and charges at EYW; (ii) review and discuss the impact of any increases or decreases in commercial passenger airline service activities anticipated for Fiscal Year 2021; (iii) review and discuss any airline terminal space assignment changes; and (iv) assess the potential receipt of airport security grants, and v) determine the level of CARES Act funds to supplement the absence of both airline and non-airline revenue sources in amounts necessary to meet FY 2021 budget level operating and capital expenses and the related impacts on the projected airline rates and charges. Task 2 Calculate Fiscal Year 2021 Budget Airline Rates and Charges. NAI will revise and update the Airport's financial model in preparation of the calculation of airline rates and charges which will result from (i)the information gathering, and discussions described in Task 1 above; (ii)the County's Fiscal Year 2021 2 Budget for the Key West International Airport, and (ill) prepare sensitivity analyses to determine the range of CARES Act funds to be applied to supplement airline and non-airline revenue performance. Task 3 Airline Consultation Meeting. NAI will prepare an airline rates and charges information package for transmittal to the airlines. The information package will include an executive summary and the detailed calculation of the Airport's FY 2021 Budget Rates and Charges. NAI will prepare a Power Point presentation as a review resource and attend and facilitate a consultation meeting with the airlines operating at the Airport to present the FY 2021 Budget Rates and Charges and answer questions from the airlines regarding the calculation of FY 2021 budget rates and charges. Task 4 Revise Proposed Fiscal Year 2021 Budget Airline Rates and Charges. NAI will revise and update the Airport's financial model used to calculate airline rates and charges as a result of its meeting with the airlines described in Task 3 above should Airport Management deem the revisions requested by the airlines acceptable. NAI will also prepare an executive summary for the rates and charges for adoption by the BOCC. Assumptions: This Scope of Services includes one,two consultant trip to the Airport to meet with Airport Management in the development of the FY 2021 Budget Airline Rates & Charges and one, two consultant trip to the Airport to meet with the EYW Airlines to present and review the FY 2021 rates and charges (Task 3). Fee: This Scope of Services will be performed for a Lump Sum Fee of$42,500.00. 3