Common Contracts
1 similar Concession Agreement contracts
BACKGROUNDConcession Agreement • January 5th, 2016
The Port entered into a five-year concession agreement, effective November 1, 2010, with PSD for “the non-exclusive right to provide transportation services from the Airport by way of On-Demand Taxi services…” In exchange for the right, PSD agreed to pay Concession Fees of 13% of Gross Receipts generated in connection with the agreement or the Minimum Annual Guaranty of $3,670,778, whichever is higher.
