PSO EYW-2021-01 04/06/2021 PURCHASE/SERVICE ORDER
FOR
MONROE COUNTY
Effective Date: March 17, 2021 Purchase Service Order No. EYW-2021-01
404-630187-GAKD135 and/or
Client Project o: 404-630203-rAun147
Project Name: Key West International Airport—Revolving Line of Credit(Ua to 10 Million)
—Phase 1
Description of Services: Frasca&Associates will assist the Airport and County advance efforts
to secure a Revolving Line of Credit("LOC") for up to $10 million to provide interim financing
for the Airport's concourse expansion project. Frasca will provide the following services:
• Develop and draft a RFQ for the LOC, including attachments on Airport financial and
operational data
• Prepare of list of financial institutions to be notified of the RFQ
• Develop and maintain the schedule and distribution list for the solicitation
• Review and assist with the response to bidder questions and other solicitation support
• Assist the Airport and County review RFQ responses; request clarifications; quantify the
fees and costs of each proposal; and support the Airport/County's evaluation and ranking
of the responses
• Support Bond Counsel's efforts to develop documents for the facility
• Support the Airport, County and Bond Counsel in negotiations with the selected financial
institution
• Review draft documents, and
• Support drafting of documents for BOCC approval of LOC agreement.
Days to Complete 120 Lump Sum Fee - _—y$45,000
Payment for Services shall be in their entirety as per PSO.
Witness: Consultant:
/151
AV
l
Name: Marvin Sun Name: Ken Cushine
Date: Aril 4, 2021 Date: April 4_ 2021
Accepted by: Approved by:
irector of Airports Asst./County Administrator
Date: April 6, 2021 Date: April 6, 2021
�NRCIE COUNTY ATTORNEY
A�PNOVED FOB
PEO O J. CADG--
ASS{RT UNTY ATTORNEY
Qaae 4/6/21