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Waukegan Port District Agenda Packet 2026-06-17

Board Weighs Exercising Founders 3 FBO Contract Term

Waukegan Port DistrictFOUNDERS 3June 17, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The Board considered a motion to exercise the term of its agreement with Founders 3 for Fixed Base Operator (FBO) management effective October 1, 2026. The action is part of the airport's operational transition strategy.

Contract Details

Vendor

FOUNDERS 3

Agency

Waukegan Port District, IL

Contract Type

PROFESSIONAL_SERVICES

Document Date

June 17, 2026

Contract Term

start of operations 10/01/2026; term not specified

Renewal Date

2027-10-01

Renewal Info

Exercising term would put Founders 3 under an extended operational contract for FBO; details pending final vote.

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