2022/07-1 Budget FY2023 Airline Rates and Charges PURCHASE/SERVICE ORDER
FOR
MONROE COUNTY, FLORIDA
Consultant: Newton &Associates Inc. Purchase/Service Order No. 2022 7-1.
Re: Financial Consulting Services Agreement _Dated Februarv15 2022
Project Name: ............... Budget FY 2023 Airline Rates and Chases
Description of Services:
Budget Fiscal Year 2023 Airline Rates and Charges
(See Attachment"A",Scope of Services)
Compensation:
Lump Sum Fee: ______ 42�500,00,,,,,_ ®
Client project number 404-630203-SC 00038 -G1Q04
Schedule:
Start Date: Date Aaroved B Count mm
Days to Complete: 180
Prepared By Recommende41
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Newton &Associates, Inc. Monroe County Department of Airports
07.21.2022
Date: m... ....._ Date: .__. w ... ew_ee_ .......... ....a..,..e
Approved By:
County Administrator
Date: 07/25/2022
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ATTACHMENT"A"
SCOPE OF SERVICES
MONROE COUNTY
KEY WEST INTERNATIONAL AIRPORT
BUDGET FY 2023 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 2023 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. Modifications to the existing rate setting model required by
the new Signatory Airline Agreement expected to become effective October 1, 2022,will
be implemented.This scope of services shall also include the consultation with the
airlines serving the Airport and implementation of any revisions to FY 2023 Budget
Airline Rates and Charges resulting from said consultation meeting as directed by the
Director of Airports.
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 (i) 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) implement model adjustments
required by the new Signatory Airline Agreement expected to become effective
October 11, 2022; (iii) review and discuss the impact of any increases or
decreases in commercial passenger airline service activities anticipated for Fiscal
Year 2023; (iv) review and discuss any airline terminal space assignment
changes; and (v) assess the potential receipt of airport security grants, and (vi)
determine the related impacts on the projected airline rates and charges and
airline cost per enplaned passenger.
Task 2 Calculate Fiscal Year 2023 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 2023
Budget for the Key West International Airport, and (iii) modifications required by
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the new Signatory Airline Agreement.
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 2023 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 2023 Budget
Rates and Charges and answer questions from the airlines regarding the
calculation of FY 2023 budget rates and charges.
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Task 4 Revise Proposed Fiscal Year 2023 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 2023 Budget Airline
Rates & Charges and one, two consultant trip to the Airport to meet with the
EYW Airlines to present and review the FY 2023 rates and charges (Task 3).
Fee: This Scope of Services will be performed for a Lump Sum Fee of$42,500.00.
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