Hertz rent-a-car reimbursable agreement amended
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Description
The Board will consider amending its rent-a-car concessions reimbursable agreement with The Hertz Corporation at Detroit Metropolitan Airport, extending the term through December 31, 2029 and increasing not-to-exceed funding within a combined cap of $184,800,000.00 for all participating concessionaires. The amendment reflects higher construction and infrastructure costs and potential scope enhancements.
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
HERTZ CORPORATION
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
Amended agreement extends the end date to December 31, 2029 and increases the funding with an additional 10% contingency for unforeseen underground conditions.
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Wayne County Airport Authority Board Meeting Minutes April 2026
Wayne County Airport Authority Board Meeting Minutes April 2026
Wayne County Airport Authority Board Meeting Minutes April 2026
Wayne County Airport Authority Board Meeting Minutes April 2026
Wayne County Airport Authority Board Meeting Minutes April 2026
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