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OTHERAMENDED

GIAA Modifies Lotte Duty Free Concession for Relief

Lotte Duty Free Guam LLC's specialty retail concession agreement at GIAA was amended to provide COVID-19 recovery relief—including lower passenger fees, reduced utility costs, adjusted capital investment, and, subject to legal settlement, a waiver of certain litigation defense costs through July 2026.

Document date · October 18, 2024

Issuing agencyA.B. Won Pat International Airport Authority, GuamVendorLotte Duty Free Guam Llc

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
OTHER
Contract term
Extension through July 20, 2026 (per prior negotiation); relief amendments for periods October 2024 – July 20, 2026
Renewal date
2026-07-20
Renewal
Original extension for three years (July 21, 2023 – July 20, 2026); amendment October 2024 for financial relief (fees, capital, utility relief for Oct 2024-July 2026); further amendment November 2024 conditionally waives litigation defense fee recovery for July 21, 2024–July 20, 2026, if litigation dismissed with prejudice.
Document type
Minutes
Source document
A.B. Won Pat International Airport Authority Board Minutes October 2024

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Other contracts from Lotte Duty Free Guam Llc.

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ab_won_pat_international_airport_authority_board_m.pdf
AMENDED
A.B. Won Pat International Airport Authority, Guam, GUSep 29, 2025
ab_won_pat_international_airport_authority_board_m.pdf
AMENDED
A.B. Won Pat International Airport Authority, Guam, GUAnnual Concession Fee $2,640,000 plus per-enplaned passenger fees of $4.00–$5.00 per passenger; Minimum Capital Investment $2,500,000; Faithful Performance Guarantee $8,000,000Aug 15, 2025
A.B. Won Pat International Airport Authority Board Minutes November 2024
AMENDED
A.B. Won Pat International Airport Authority, Guam, GUNov 8, 2024
A.B. Won Pat International Airport Authority Board Minutes October 2024
APPROVED
A.B. Won Pat International Airport Authority, Guam, GUOct 18, 2024
A.B. Won Pat International Airport Authority Board Minutes October 2024
AMENDED
A.B. Won Pat International Airport Authority, Guam, GUOct 18, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by A.B. Won Pat International Airport Authority, Guam?

Lotte Duty Free Guam Llc was awarded this government contract by A.B. Won Pat International Airport Authority, Guam, as recorded on October 18, 2024.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in A.B. Won Pat International Airport Authority Board Minutes October 2024 (Minutes), dated October 18, 2024 from A.B. Won Pat International Airport Authority, Guam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lotte Duty Free Guam Llc hold?

Lotte Duty Free Guam Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is A.B. Won Pat International Airport Authority, Guam currently buying?

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