The Hillsborough County Aviation Authority has awarded a contract to Bradford Airport Logistics, LTD for Concessions Receiving and Distribution Center Logistics Manager services at the Tampa International Airport. The contract term is from February 5, 2022, to February 4, 2027, with the option for two one-year renewals. The contract includes provisions for payment, performance, and termination, as well as requirements for insurance, indemnification, and data security. The scope of services includes managing the Concessions Receiving and Distribution Center, providing logistics support to concessionaires, and ensuring compliance with authority regulations and laws. Key aspects of the contract include:
* The contract term and renewal options
* Payment terms, including a management fee and reimbursement for expenses
* Performance requirements, including quality standards and timelines
* Termination provisions, including notice periods and termination fees
* Insurance and indemnification requirements
* Data security and confidentiality requirements
Some of the key points from the contract include:
• The contract term is 5 years, with the option for two one-year renewals
• The management fee for the first year is $1,750,181, with annual increases thereafter
• The contract includes a provision for adjustments to the management fee based on changes in product volume
• The contract requires the company to provide insurance and indemnification to the authority
• The contract includes provisions for data security and confidentiality, including requirements for safeguarding authority data and third-party data