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  5. ›On-Airport Vehicle Rental at Tampa International Airport

Awarded contract·Tampa International Airport·Florida

On-Airport Vehicle Rental at Tampa International Airport

Won by The Hertz Corporation$1000MSingle Award
Contract source

Awarded vendors

  • The Hertz Corporation

Description

The contract is for on-airport vehicle rental services at Tampa International Airport. The vendor, The Hertz Corporation, will provide rental car services to airport customers. The contract has a term of 30 years and includes various amendments. Key aspects of the contract include: • The contract is a revenue contract, with the airport generating revenue from the rental car services. • The contract includes operating space components and ConRAC operations and maintenance standards. • The contract has undergone several amendments, with the most recent one being Amendment 4. This contract summary provides key information about the contract, including the vendor, contract term, and revenue generation.

Attached files

Key dates

Starts
6/6/2015
Ends
6/5/2045
Duration
30 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Transportation and Public Transit
NAICS
532112
Solicitation №
48239

Contract value

$1,000,000,000

The contract value is not explicitly stated in the document. However, considering the contract term of 30 years and the fact that it is a revenue contract, the value could be substantial. A rough estimate of the contract value could be in the range of $10 million to $50 million per year, depending on the rental car services provided and the revenue generated. Over the 30-year term, the total contract value could be in the range of $300 million to $1.5 billion.

AI estimate from the award documents

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