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2023/7-1 FY24 Airline Rates & Charges PURCHASE/SERVICE ORDER FOR MONROE COUNTY, FLORIDA Consultant: Newton&Associates Inc. Purchase/Service Order No. 20Z317-1. Re: -Financial Consulting Services Agreement Dated February 15 2Q22 Project Name: Budget FY 2024 Airline Rates gnd Charles . Description of Services: Budget Fiscal Year 2024 Airline Rates and Charges (See Attachment"A",Scope of Services) Compensation: Lump Sum Fee: $42,500.00 Client Project No. Schedule: Start Date: Date Annmvpri Rv County Days to Complete: 180 Prepared By: Recommendedo By: oil Newton &Associates, Inc. Monroe County Department of Airports Date: 7- 7-,Iff Date: 7.10.2023 NROE couNTY ATronNEY ROVE FORM Approved B - PEDO ASSI NTY ATTORNEY Date 7/10/23 County Administrator Date: J 2.0 2-15 1 ATTACHMENT"A" SCOPE OF SERVICES MONROE COUNTY KEY WEST INTERNATIONAL AIRPORT BUDGET FY 2024 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 2024 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 which became 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 2024 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; (H) implement model adjustments required by the new Signatory Airline Agreement; (ifi) review and discuss the impact of any increases or decreases in commercial passenger airline service activities anticipated for Fiscal Year 2024; (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 2024 Budget Airline Rates and Charges. NAI will revise and update the Airport's airline rate model in preparation of the calculation of airline rates and charges which will result from (i)the information gathering, and discussions described in Task I above; (ii)the County's Fiscal Year 2024 Budget for the Key West International Airport, and (iii) modifications required by the new Signatory Airline Agreement. 2 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 2024 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 2024 Budget Rates and Charges and answer questions from the airlines regarding the calculation of FY 2024 budget rates and charges. Task 4 Revise Proposed Fiscal Year 2024 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 BCC. Assumptions: This Scope of Services includes two,two consultant,trips to the Airport to meet with Airport Management in the development of the FY 2024 Budget Airline Rates & Charges, and one, two consultant, trip to the Airport to meet with the EYW Airlines to present and review the FY 2024 rates and charges (Task 3). Fee: This Scope of Services will be performed for a Lump Sum Fee of$42,500.00. 3