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  5. ›ENTERPRISE AIRPORT INDEPENDENT RENTAL CAR SERVICES…

Awarded contract·City of Sierra Vista·Arizona

ENTERPRISE AIRPORT INDEPENDENT RENTAL CAR SERVICES OPERATOR’S LICENSE AGREEMENT

Won by Enterprise Leasing Company of Phoenix, LLC$500kSingle Award
Contract source

Awarded vendors

  • Enterprise Leasing Company of Phoenix, LLC

Description

The contract is for the operation of an independent rental car services business at the Sierra Vista Municipal Airport. The contract is between the City of Sierra Vista and Enterprise Leasing Company of Phoenix, LLC, and has a term of one year, commencing January 1, 2023, and ending December 31, 2023. The contract includes provisions for insurance requirements, minimum standards, and other terms and conditions. Key aspects of the contract include: • The extension of the term of the original agreement for an additional one-year period • The revision of Appendix C, the Insurance Requirements of Exhibit D, the Sierra Vista Municipal Airport Minimum Standards • The removal of the requirement for a Waiver of Subrogation and naming the U.S. Army as additional insured • The remaining terms and conditions of the original agreement remaining in full force and effect

Attached files

Key dates

Starts
1/1/2024
Ends
12/31/2024
Duration
1 years

Last updated

Details

Award type
Single Award
Industry
Transportation and Public Transit
NAICS
532111

Contract value

$500,000

The value of the contract is not explicitly stated in the document. However, based on the fact that the contract is for the operation of an independent rental car services business at the airport, it can be estimated that the value of the contract is likely in the range of hundreds of thousands to millions of dollars per year, depending on the number of rental cars and the revenue generated.

AI estimate from the award documents

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