Wayne County Airport Authority Board Meeting Agenda April 2026
Hertz Reimbursable Agreement Extended with Higher Funding
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Description
The Wayne County Airport Authority intends to amend its reimbursable agreement with The Hertz Corporation, extending rent-a-car concession infrastructure work through December 31, 2029 and increasing funding as part of a broader package capped at $184,800,000.00. The amendment addresses higher construction costs and expanded customer experience improvements with added contingency for unforeseen underground issues.
Contract Details
Contract Amount
Part of aggregate not-to-exceed $184,800,000.00 (including 10% contingency) for all reimbursable agreements
Vendor
HERTZ CORPORATION
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
Reimbursable agreement term extended through December 31, 2029 with increased funding and up to 10% contingency for unforeseen underground conditions within an aggregate not-to-exceed amount.
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