OTHERAMENDED

Bay County TPO Meeting Agenda February 2026

TPO Amends Transit Advertising Contract With Fuel Media

Minimum Annual Guarantee of $56,333.33 per year or 50% of net profit, whichever is greater; $39,000 Letter of Credit performance securityBay County Transportation Planning OrganizationFUEL MEDIA HOLDINGS 2 LLCFebruary 25, 2026

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Description

The Bay County Transportation Planning Organization approved Resolution Bay 26-06 amending its transit advertising contract with Fuel Media Holdings 2, LLC. The amendment revises the minimum annual guarantee to $56,333.33 for 2026, adjusts for fewer advertising vehicles and space, and accepts a $39,000 Letter of Credit as performance security while leaving other terms in place with renewal options.

Contract Details

Contract Amount

Minimum Annual Guarantee of $56,333.33 per year or 50% of net profit, whichever is greater; $39,000 Letter of Credit performance security

Vendor

FUEL MEDIA HOLDINGS 2 LLC

Agency

Bay County Transportation Planning Organization, FL

Contract Type

OTHER

Document Date

February 25, 2026

Contract Term

January 1, 2026 – December 31, 2026, with option for two additional one-year renewals

Renewal Date

2026-12-31

Renewal Info

Original Contract No. TPO 22-02 began January 1, 2023 with a $78,000 minimum annual guarantee. As amended, the contract provides a $56,333.33 minimum annual guarantee for the period January 1, 2026 through December 31, 2026, or 50% of Fuel’s net profit, whichever is greater, payable in equal monthly installments. The agreement may be renewed by mutual consent for two additional one-year periods under the same terms, with a $39,000 annually renewable Letter of Credit serving as performance security for the full term.