CONTRACTRECOMMENDED

Modern Industries Executive Hangar Lease Recommended

Phoenix Sky Harbor (City of Phoenix) logoPhoenix Sky Harbor (City of Phoenix)
Disclosed value
Approximately $29,645 per year; total anticipated revenue approximately $118,582 if all options are exercised
From agenda
Document date
Mar 18, 2021

The 30-second brief

What it covers

The Phoenix Aviation Advisory Board is asked to recommend an Executive Hangar E13 lease at Phoenix Sky Harbor International Airport to Modern Industries for an initial two-year term with two one-year renewal options. The agreement is expected to generate approximately $29,645 annually in rent and about $118,582 over the full term if all options are exercised.

Who holds it

Modern Industries holds this facilities contract with Phoenix Sky Harbor (City of Phoenix). Its other public contracts on record include work for City of Flint.

What happens next

Term as filed: Two years with two, one-year renewal options.

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Contract details

Contract type
Facilities
Amount
Approximately $29,645 per year; total anticipated revenue approximately $118,582 if all options are exercised
Document date
March 18, 2021
Term
Two years with two, one-year renewal options
Source document
phoenix-aviation-advisory-board-agenda-march-18-2021_3e5.pdf (Agenda)

Modern Industries's other public contracts

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Questions about this contract

Who was awarded the facilities contract by Phoenix Sky Harbor (City of Phoenix)?

Modern Industries was awarded this facilities contract by Phoenix Sky Harbor (City of Phoenix), as recorded on March 18, 2021. The contract value is Approximately $29,645 per year; total anticipated revenue approximately $118,582 if all options are exercised.

How much is the Modern Industries contract with Phoenix Sky Harbor (City of Phoenix) worth?

The Modern Industries contract with Phoenix Sky Harbor (City of Phoenix) is valued at Approximately $29,645 per year; total anticipated revenue approximately $118,582 if all options are exercised, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in phoenix-aviation-advisory-board-agenda-march-18-2021_3e5.pdf (Agenda), dated March 18, 2021 from Phoenix Sky Harbor (City of Phoenix). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Modern Industries hold?

Modern Industries 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 Phoenix Sky Harbor (City of Phoenix) currently buying?

Explore Phoenix Sky Harbor (City of Phoenix)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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