OTHERAMENDED

Wayne County Airport Authority Board Meeting Agenda April 2026

Avis Budget rent-a-car agreement extended, expanded

Portion of total reimbursable agreements; original aggregate NTE $112,000,000.00, amended aggregate NTE with 10% contingency not to exceed $184,800,000.00Wayne County Airport AuthorityAVIS BUDGET GROUPApril 14, 2026

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Description

The Wayne County Airport Authority plans to amend its reimbursable agreement with Avis Budget Group for rent-a-car concessions at Detroit Metropolitan Airport, extending the term through December 31, 2029 and increasing the not-to-exceed funding as part of an aggregate cap of $184,800,000.00 for all concessionaires. The additional funds support higher construction, infrastructure, and utility costs and potential scope improvements.

Contract Details

Contract Amount

Portion of total reimbursable agreements; original aggregate NTE $112,000,000.00, amended aggregate NTE with 10% contingency not to exceed $184,800,000.00

Vendor

AVIS BUDGET GROUP

Agency

Wayne County Airport Authority, MI

Contract Type

OTHER

Document Date

April 14, 2026

Contract Term

Extended through December 31, 2029 (amended term)

Renewal Date

2029-12-31

Renewal Info

Existing reimbursable agreement term is extended to December 31, 2029 with increased funding and an additional 10% contingency allowance for unforeseen underground conditions.