Okaloosa County BOCC — October 21, 2014 — TRILLION CONTRACT — reading text

SCOPE OF SERVICES The scope of professional services for the Airports System under the proposed engagement includes, but is not limited to, the following: 1. Prepare or provide support for the development of financial and business related reports, analyses and forecasts including, but not limited to: a. Financial models to project cash flows, bond sizing and debt service, debt service coverage, rates and charges impacts, and financial planning scenarios (pro formas) b. Profit and loss reports for parking and other Airports System undertakings c. Industry-related regulatory compliance and litigation support d. Other financial and/or business-related ad hoc reports, presentations, analyses and forecasts as requested 2. Provide Rates and Charges analyses and support (modeling, methodologies and optimization) including, but not limited to: a. Analyses of Airlines' Rates and Charges b. Industry standards and practices related to Rates and Charges c. Preparation and support for the annual Airlines’ Rates and Charges (budget, review and true-up) d. Production of Rates and Charges documents or presentations for review, meetings and distribution 3. Provide air traffic reports, analyses and forecasts for aviation and the industry including, but not limited to: Historic air traffic reports Forecasting air traffic Analyses of air traffic trends Other air traffic ad hoc reports, presentations, analyses and forecasts as requested ao op 18 4. Perform or provide support for bond feasibility services and debt service analyses including, but not limited to: Report of the Airport Consultant Report of the Rate Consultant Debt service analysis Due diligence and continuing disclosure Other bond offering documents, ad hoc reports, presentations, analyses and forecasting as requested (Does not include reports and analyses typically prepared by a financial advisor consultant.) eae oe Provide Passenger Facility Charge (PFC), Airport Improvement Program (AIP) and Customer Facility Charge (CFC) support, analyses and forecasting including, but not limited to: a. Preparation of documents for PFC, AIP and CFC applications, amendments, and other reporting Analyses of PFC, AIP and CFC programs Regulatory reporting and documentation Presentation support related to the PFC, AIP and CFC programs Proposals and analyses of Innovative Financing concepts for AIP grant funding consideration gs eao oe Provide services and expertise to assist the County to maintain its Joint-Use Airport status at Eglin Air Force Base and designation in the Military Airports Program ("MAP"). a. Northwest Florida Regional Airport is currently designated as a participant in the Military Airports Program through Fiscal Year 2016 with approximately $12 million being identified in its ACIP for the MAP Program. Consultant will assist County in developing funding requests during the period of its designation. b. Provide services to assist the County in obtaining a new, long-term Joint-Use Agreement and a new, long-term capitalized Lease with the United States Air Force. (The County plans to pay for the new capitalized Lease with the USAF through MAP and PFC funds.) c. Provide assistance with future MAP applications for redesignation. Consultants submitting qualifications must demonstrate experience and expertise in providing consulting services to joint-use airports and experience in processing applications and developing capital plans for designation in the Military Airports Program. This experience should include experience negotiating provisions of joint- 19 8. 9. use agreements and leases with the military proprietor of the airport. This experience and expertise may be provided by subcontract if not available within consultant's professional staff and expertise. Provide services to plan/negotiate and/or bid and assist with documents for the following types of airport agreements: enege gQ th Airline Use and Lease Agreements Car Rental Concession and Service Facility Agreements Parking Management Contracts Into-Plane Fuel Service Agreements Cargo and Hangar Leases (both ground leases under which the tenant develops the facility and space leases for County-constructed facilities) Food/Beverage/Retail and other Concession Agreements Hotel, Auto Fueling and Convenience Store, and other third-party developed concessions Provide analyses services and support to assist the County benchmark and evaluate its operating and financial performance against industry standards. Provide analyses, services and support to assist the County with the following tasks at Bob Sikes Airport and Destin-Ft. Walton Beach Airport, the County's two (2) general aviation airports: Assist with the development of FBO standards and agreements Develop land rental and lease policies and procedures Recommend fee structures, including land rentals, hangar rentals, fuel flowage fees, FBO fees, etc. Develop recommendations and policies to assure that the County's general aviation facilities are self-sustaining. Assist in developing strategies to fund these airports' capital needs, including developing FDOT and AIP grant applications and accessing favorable short-term and long-term capital borrowing. 20 Daniel Benzon John DeCoster Jeffrey Schulthess Michael Brown Steve Wareham EXHIBIT B FEE SCHEDULE President Sr. Vice President Vice President Vice President Vice President Officer/Director pH2 21 $195 $195 $195 $195 $195 $195