OTHERAMENDED

Wayne County Airport Authority Board Meeting Agenda April 2026

Avis Budget Reimbursable Agreement Extended and Expanded

Part of aggregate not-to-exceed $184,800,000.00 (including 10% contingency) for all reimbursable agreementsWayne County Airport AuthorityAVIS BUDGET GROUPApril 14, 2026

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Description

The Wayne County Airport Authority plans to amend its reimbursable agreement with Avis Budget Group to extend rent-a-car concession-related infrastructure work through December 31, 2029 and increase the shared funding ceiling as part of a package raising the aggregate cap to $184,800,000.00. The amendment accommodates higher construction costs and customer experience improvements with provisions for unforeseen underground conditions.

Contract Details

Contract Amount

Part of aggregate not-to-exceed $184,800,000.00 (including 10% contingency) for all reimbursable agreements

Vendor

AVIS BUDGET GROUP

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

Term for the reimbursable agreement is extended through December 31, 2029 with increased funding authority and up to 10% contingency for unforeseen underground conditions as part of an aggregate not-to-exceed limit.