Airport Extends Parking Concession with PacAir
A.B. Won Pat International Airport Authority, GuamAirport Authority · Tamuning, GU- Disclosed value
- Minimum Annual Guarantee of $120,000 per year or 17% of gross sales, plus $10,000 security deposit and $200,000 capital investment
- From minutes
- Document date
- Aug 15, 2025
The 30-second brief
PacAir, Ltd. obtained board approval to extend its public and commercial parking concession from November 1, 2023 through October 31, 2025, with a one-year extension option. The agreement includes a $120,000 annual minimum guarantee or 17% of gross sales, a $10,000 security deposit, and about $200,000 in required parking system upgrades.
Pac Air Ltd holds this concession contract with A.B. Won Pat International Airport Authority, Guam.
Term as filed: November 1, 2023 through October 31, 2025 with one one-year option to extend.
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Contract details
- Contract type
- Concession
- Amount
- Minimum Annual Guarantee of $120,000 per year or 17% of gross sales, plus $10,000 security deposit and $200,000 capital investment
- Document date
- August 15, 2025
- Term
- November 1, 2023 through October 31, 2025 with one one-year option to extend
- Vendor
- Pac Air Ltd
- Source document
- ab_won_pat_international_airport_authority_board_m.pdf (Minutes)
Pac Air Ltd's other public contracts
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Questions about this contract
Who was awarded the concession contract by A.B. Won Pat International Airport Authority, Guam?
Pac Air Ltd was awarded this concession contract by A.B. Won Pat International Airport Authority, Guam, as recorded on August 15, 2025. The contract value is Minimum Annual Guarantee of $120,000 per year or 17% of gross sales, plus $10,000 security deposit and $200,000 capital investment.
How much is the Pac Air Ltd contract with A.B. Won Pat International Airport Authority, Guam worth?
The Pac Air Ltd contract with A.B. Won Pat International Airport Authority, Guam is valued at Minimum Annual Guarantee of $120,000 per year or 17% of gross sales, plus $10,000 security deposit and $200,000 capital investment, covering concession work.
What type of contract is this?
This is a Concession contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in ab_won_pat_international_airport_authority_board_m.pdf (Minutes), dated August 15, 2025 from A.B. Won Pat International Airport Authority, Guam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pac Air Ltd hold?
Pac Air Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is A.B. Won Pat International Airport Authority, Guam currently buying?
Explore A.B. Won Pat International Airport Authority, Guam's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.