business_administration_committee_meeting_minutes.pdf
Enterprise Wins Reagan National Rental Car Concession
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Description
The Committee recommended awarding a rental car concession contract at Reagan National Airport to Enterprise RAC Company of Maryland, LLC for a seven-year term with a combined contract value with other awardees totaling $158.6 million. Enterprise is required to meet airport ACDBE goals and sustainability provisions.
Contract Details
Contract Amount
$158,576,867 (combined total for three contracts, including option years)
Vendor
ENTERPRISE RAC COMPANY OF MARYLAND LLC
Agency
Metropolitan Washington Airports Authority (MWAA), VA
Contract Type
OTHER
Document Date
May 17, 2023
Contract Term
5-year base term with two 1-year options (total 7 years)
Renewal Date
2030-01-17
Renewal Info
Contract includes two one-year extension options beyond the initial five-year term; annual MAG increases by at least three percent.
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APPROVEDIssuing Agency
Metropolitan Washington Airports Authority (MWAA)
Airport Authority
VA
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Business Administration Committee Report Rental Car Concessions Award
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Business Administration Committee Report Rental Car Concessions Award
Business Administration Committee Report Rental Car Concessions Award
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