Metropolitan Nashville Airport Authority AgendaPacket Finance Committee 2026-06-10
Amendments Align Avis Rental Car Leases With New ConRAC
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Description
The Finance Committee endorsed amendments to Avis Budget Car Rental LLC’s concession and facility lease agreements so both contracts co‑terminate with a renewed facility lease aligned to the future consolidated rental car facility opening. The changes also formalize a 2020 ConRAC space reallocation and update required FAA provisions.
Contract Details
Vendor
AVIS BUDGET CAR RENTAL LLC
Agency
Metropolitan Nashville Airport Authority, TN
Contract Type
TRANSPORTATION
Document Date
June 10, 2026
Contract Term
Existing concession and facility lease effective Nov 1, 2011; concession and facility agreements extended to co‑terminate with facility lease renewal term of up to 5 years or execution of new agreement, whichever comes first, to align with new ConRAC opening expected in 2029
Renewal Info
Facility lease renewal term redefined to 5 years or execution of a new agreement for occupancy of the new ConRAC, whichever occurs first; concession agreement now explicitly co‑terminates with the facility lease.
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