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HomeMy WebLinkAbout2025/05-1 Budget FY2026 Airline Rates and Charges PURCHASE/SERV|CEORDER FOR PWONROE COUNTY, FLORIDA Consultant: Purchase/Service Order No. Re: Financial Consulting Services Agreement, Dated February 16, 2022 Project Name: Budget IFY 2026 Airline Rates and Charges � Description ofServices: Budget Fiscal Year 2026 Airline Rates and Charges (See Attachment "A", 5oopeof5ewices) Project No: 404-63001 5303 1 O-SC 00038 Lump Sum Fee: Start Date: Date Approved BV County Days toComplete: 180 Prepared By: Recommended By: 101 011ie", Newton &Associates, Inc. Monroe County Department ofAirports Date: �� Uate: 05.31.2025 o�/ nsigned� [�h�EtiO8 "m�� Christine Hurley NRO,E COUNTY ATTORNEY Date:��u�8V ��� - 02 Approved By: '~�'~47~` n~ Date: ASSISTA�TUUMNTY ATTORNEY " ATTACHMENT"� SCOPE OFSERVICES K8ONROECOUNTY KEY WEST INTERNATIONAL AIRPORT BUDGET FY2O26 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 2026 airline rates and charges based on a cost recovery (compensatory) methodology and in accordance with the Signatory Airline Use Agreement. NAI will review FY 2026 airline rates and charges 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 FY2026 Budget Airline Rates and Charges resulting from said consultation meeting as directed by the Director ofAirports. This Service will include the following tasks: Task Rates O\ Charges Implementation Strategy Coordination. NA| vviU coordinate with Airport Management and others as necessary to (i) review and validate exiting expense allocation rates developed in previous fiscal year rates and charges calculations to identify any appropriate adjustments; (ii) implement model adjustments required by the new Signatory Airline Agreement; (iii) review and discuss the impact of any increases or decreases in commercial passenger airline service activities anticipated for Fiscal Year 2U26; (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 Calculate Fiscal Year 2O26 Budget Airline Rates and Charges. NA| vvi|| revise and update the Airport's airline rate model in preparation ofthe calculation of airline rates and charges which will result from A\ the information gathering, and discussions described in Task labove; (ii) the County's Fiscal Year 2026 Budget for the Key West International Airport, and (iii) modifications required by the new Signatory Airline Agreement. 2 Task Airline Consultation Meeting. NA| 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 FY2O26 Budget Rates and Charges. NA| will also prepare a Power Point presentation asa review resource and attend and facilitate a consultation meeting with the airlines operating at the Airport to present the FY2O26Budget Rates and Charges and answer questions from the airlines regarding the calculation ofFY2U26 budget rates and charges. Task Revise Proposed Fiscal Year 2O2G Budget Airline Rates and Charges. NA| 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. NA| will also prepare an executive summary for the rates and charges for adoption by the B0CC. Assumptions: This Scope of Services includes up to two, two-consultant trips to the Airport to meet with Airport Management in the development of the FY2O26Budget Airline Rates & Charges, and one, two consultant, trip to the Airport to meet with the EYVV Airlines to present and review the FY2026 rates and charges (Task 3\.