LICENSEAPPROVED

Metropolitan Nashville Airport Authority Awards License Contract to Boring Company (February 2026)

The MNAA and MPC Finance Committee approved entering into a long-term license agreement with The Boring Company to construct and operate an underground tunnel and passenger loop system serving Nashville International Airport. The agreement includes a $300,000 escalating annual license fee, per-trip operating fees, and a $600,000 project reimbursement over an initial 40-year term with two 5-year options.

Document date · February 11, 2026

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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
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 amount
License fee $300,000 with 3% annual escalation; operating fee $5.00 per pick-up and $5.00 per drop-off with 3% growth; project reimbursement of $600,000
Contract type
LICENSE
Contract term
40 years with two 5-year options effective upon license execution (potential total 50 years)
Renewal
Initial 40-year license term with two optional 5-year renewal extensions for a potential total term of 50 years. License fee escalates 3% annually and operating fees may be adjusted over time.
Document type
Minutes
Source document
Metropolitan Nashville Airport Authority Joint Finance Committee Minutes Feb 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the license contract by Metropolitan Nashville Airport Authority?

Boring Company was awarded this license contract by Metropolitan Nashville Airport Authority, as recorded on February 11, 2026. The contract value is License fee $300,000 with 3% annual escalation; operating fee $5.00 per pick-up and $5.00 per drop-off with 3% growth; project reimbursement of $600,000.

How much is the Boring Company contract with Metropolitan Nashville Airport Authority worth?

The Boring Company contract with Metropolitan Nashville Airport Authority is valued at License fee $300,000 with 3% annual escalation; operating fee $5.00 per pick-up and $5.00 per drop-off with 3% growth; project reimbursement of $600,000, covering license work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Metropolitan Nashville Airport Authority Joint Finance Committee Minutes Feb 2026 (Minutes), dated February 11, 2026 from Metropolitan Nashville Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Boring Company hold?

Boring Company 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 Metropolitan Nashville Airport Authority currently buying?

Explore Metropolitan Nashville Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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