Metropolitan Nashville Airport Authority Agenda 2026-06-17
Avis Budget Rental Car Agreements Amended For New ConRAC Transition
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Description
MNAA approved amendments to Avis Budget Car Rental’s concession and facility lease agreements to align their termination dates with the opening of the future consolidated rental car facility. The changes allow continued uninterrupted operations in the existing ConRAC while establishing 5‑year renewal terms tied to future negotiations.
Contract Details
Vendor
AVIS BUDGET CAR RENTAL LLC
Agency
Metropolitan Nashville Airport Authority, TN
Contract Type
LICENSE
Document Date
June 17, 2026
Contract Term
Facility Lease extension options aligned to co‑terminate with concession agreements upon either 5‑year renewal terms or execution of new ConRAC agreements; current agreements otherwise expire October 31, 2026
Renewal Info
Existing facility lease had 5‑year extension options; amendments now align concession and facility terms with 5‑year renewal definitions or execution of new ConRAC agreements, ensuring co‑termination.
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