Avis Budget Rental Car Agreements Amended for ConRAC Transition
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Description
The Board is asked to approve amendments to Avis Budget Car Rental’s concession and facility lease agreements to extend their operations until the new ConRAC opens and to update provisions on term, ACDBE, staffing, and fee disclosures. The changes ensure continuity of rental car service and revenue beyond October 2026.
Contract Details
Vendor
AVIS BUDGET CAR RENTAL LLC
Agency
Metropolitan Nashville Airport Authority, TN
Contract Type
LICENSE
Document Date
May 19, 2026
Contract Term
Existing concession and facility lease terms extended to co-terminate with revised Facility Lease and then sunset upon activation of new ConRAC agreements
Renewal Info
Amendments revise renewal terms so agreements co-terminate and sunset once new ConRAC agreements become effective, replacing the prior fixed extension structure.
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