HomeMy WebLinkAbout2026/02-3 Financial Consulting Services - FY2027 Budget Rates and Charges PURCHASE/SERV|0EORUEQ
FOR
[NONROE COUNTY, FLORIDA
Consultant: Purchase/Service Order No. 2026/2-3.
Re: Financial Consulting Services Agreement, Dated February 16, 2022
Project Name: Budget FY 2027 Airline Rates and Charges
Description ofServices:
Budget Fiscal Year 2027 Airline Rates and Charges
(See Attachment "A", ScopeofSen/ices)
Project No: V4
Lump Sum Fee:
Start Date: Date Approved By County
Days toComplete: 365
Prepared By Recommended By:
Newton &Associates, Inc. Monroe County Department of Airports
Date: � Date: 02.192026
Digitally signed by
Christine Christine Hurley
Date:2026.02.23
NFIOE COUNTY ATTORNEY Approved By:
Hurley '-:`-:'^``~
Date:
ATTACHMENT"A"
SCOPE OFSERVICES
N1ONQUE0OUNTY
KEY WEST INTERNATIONAL AIRPORT
BUDGET FY2O27 AIRLINE RATES&kCHARGES
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 FY2027 airline rates and charges based on o cost
recovery (compensatory) methodology and in accordance with the Signatory Airline Use
Agreement. NA| will review FY2027 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
FY 2027 Budget Airline Rates and Charges resulting from said consultation meeting as
directed by the Director ofAirports.
This Service will include the following tasks:
Task Rmtms & Charges Implementation Strategy Coordination. NA| vvi||
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 2OI7; (iv) review and discuss
any airline terminal space assignment changes; and /v\ assess the potential
receipt nf airport security grants, and /vj\ determine the related impacts on the
projected airline rates and charges and airline cost per enplaned passenger.
Task Calculate Fiscal Year 2O27 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 /i\ the information
gathering, and discussions described in Task I above; (ii) the County's Fiscal Year
2027 Budget for the Key West International Airport, and (iii) modifications
required by the Signatory Airline Agreement.
2
Task 3 Airline Consultation Meeting. NA| will prepare an airline rates and
charges information package for transmittal tn the airlines. The information
package will include an executive summary and the detailed calculation of the
Airport's FY2O27 Budget Rates and Charges. NA| will also prepare a Power Point
presentation as review resource and attend and facilitate aconsultation
meeting with the airlines operating at the Airport to present the FY 2027 Budget
Rates and Charges and answer questions from the airlines regarding the
calculation ofFYZO27 budget rates and charges.
Task Revise Proposed Fiscal Year 2O27 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 S 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 BOCC.
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 FYZUZ7Budget
Airline Rates & Charges, and one, two consultant, trip to the Airport to meet
with the EYVVAirlines to present and review the FY 2027 rates and charges (Task
8).