CONTRACTAMENDED

Concession Relief Amendment Approved for Lotte Duty Free

A.B. Won Pat International Airport Authority, Guam

Document date: Oct 18, 2024

What it covers

The Board approved an amendment to Lotte Duty Free Guam's concession agreement, granting rent and fee relief, utility cost reductions, adjusted capital investment requirements, and modified warehouse usage. These relief measures address slower tourism recovery and extend through July 20, 2026.

Who holds it

Lotte Duty Free Guam LLC holds this contract with A.B. Won Pat International Airport Authority, Guam.

What happens next

Term as filed: Through July 20, 2026 (current term); relief terms with capital investment amortized over 5 years from March 1, 2025.

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Contract details

Document date: October 18, 2024
Term: Through July 20, 2026 (current term); relief terms with capital investment amortized over 5 years from March 1, 2025
Vendor: Lotte Duty Free Guam LLC
Agency: A.B. Won Pat International Airport Authority, Guam
Source document: A.B. Won Pat International Airport Authority Board Minutes October 2024 (Minutes)

Lotte Duty Free Guam LLC's other public contracts

A.B. Won Pat International Airport Authority, Guam, GUAirport grants financial relief to Lotte duty-free concession · Sep 29, 2025Undisclosed A.B. Won Pat International Airport Authority, Guam, GUAirport extends Lotte duty free concession three years · Aug 15, 2025 A.B. Won Pat International Airport Authority, Guam, GUFinancial Relief Amendment Approved for Lotte Duty Free Concession · Nov 8, 2024Undisclosed A.B. Won Pat International Airport Authority, Guam, GUNo Extension for Lotte Concession per DFS Settlement · Oct 18, 2024Undisclosed A.B. Won Pat International Airport Authority, Guam, GUGIAA Modifies Lotte Duty Free Concession for Relief · Oct 18, 2024Undisclosed All Lotte Duty Free Guam LLC contractsVendor profile

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Questions about this contract

Who was awarded the government contract by A.B. Won Pat International Airport Authority, Guam?

Lotte Duty Free Guam LLC was awarded this government contract by A.B. Won Pat International Airport Authority, Guam, as recorded on October 18, 2024.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in A.B. Won Pat International Airport Authority Board Minutes October 2024 (Minutes), dated October 18, 2024 from A.B. Won Pat International Airport Authority, Guam. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lotte Duty Free Guam LLC hold?

Lotte Duty Free Guam LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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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.

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