Payless Rental Car Concession Agreement Extended
Capital Region Airport CommissionAirport Authority · Richmond, VA- Disclosed value
- Minimum Annual Guarantee FY2026: $64,778.09; FY2027 & FY2028: 85% of previous 12 months of concession fees paid
- From minutes
- Approved
- Jul 29, 2025
- Renews
- Free account
The 30-second brief
The Commission approved a three-year extension of Payless Car Rental’s concession agreement at Richmond International Airport effective July 1, 2025, including a FY2026 minimum annual guarantee of $64,778.09. Later years’ guarantees will be based on 85% of prior concession fees.
Payless Car Rental holds this contract with Capital Region Airport Commission. Its other public contracts on record include work for Indiana Area SD and Forest Hills SD.
The renewal date is on record. A free account shows it, with the renewals for every Capital Region Airport Commission contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Amount
- Minimum Annual Guarantee FY2026: $64,778.09; FY2027 & FY2028: 85% of previous 12 months of concession fees paid
- Document date
- July 29, 2025
- Term
- Rental Car Concession Agreement Initial Lease Term: Three (3) Years; Extension Options: Two (2) one (1) year extensions; Commencement Date: July 1, 2025
- Renews
- Free account
- Vendor
- Payless Car Rental
- Source document
- capital-region-airport-commission-meeting-minutes-july-29-2025_d9f.pdf (Minutes)
Payless Car Rental's other public contracts
More Capital Region Airport Commission contracts
Questions about this contract
Who was awarded the government contract by Capital Region Airport Commission?
Payless Car Rental was awarded this government contract by Capital Region Airport Commission, as recorded on July 29, 2025. The contract value is Minimum Annual Guarantee FY2026: $64,778.09; FY2027 & FY2028: 85% of previous 12 months of concession fees paid.
How much is the Payless Car Rental contract with Capital Region Airport Commission worth?
The Payless Car Rental contract with Capital Region Airport Commission is valued at Minimum Annual Guarantee FY2026: $64,778.09; FY2027 & FY2028: 85% of previous 12 months of concession fees paid.
What type of contract is this?
This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in capital-region-airport-commission-meeting-minutes-july-29-2025_d9f.pdf (Minutes), dated July 29, 2025 from Capital Region Airport Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Payless Car Rental hold?
Payless Car Rental 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 Capital Region Airport Commission currently buying?
Explore Capital Region Airport Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.