Schaumburg Regional Airport - Hangar Feasibility Study

The Village of Schaumburg is seeking qualifications for a hangar feasibility study at the Schaumburg Regional Airport. The study should analyze the potential for hangar development, including a return on investment analysis for both a Village-built hangar and a land lease for private development. The consultant will be required to provide a study document summarizing the findings, financials, and potential hangar development locations. Key aspects of the job include: • Analyzing the potential for hangar development at the Schaumburg Regional Airport • Providing a return on investment analysis for both a Village-built hangar and a land lease for private development • Developing a study document summarizing the findings, financials, and potential hangar development locations • Considering management considerations, minimum standards, liabilities, taxes, and maintenance • Evaluating the alternative option of land leases to allow construction of private hangars on Village property