DBE/ACDBE Participation in Joint Ventures - Metropolitan ...

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• As the airport concession business continued to grow in the U.S., airport opportunities began to look interesting to developers. In Europe, developers were already in the business of developing retail and food/beverage complexes in airports. • In 1992, concessions were awarded to BAA to develop their “AirMall” concept. While this was not the first developer to be awarded an airport concession management contract, the scope of their plan was unlike anything ever undertaken in a U.S. airport. They sought to transform airport concessions into retail shopping malls with name-brand retailers. • A side effect of this development was the creation of numerous small business opportunities with reduced entry barriers. 9
Page 1 and 2: DBE/ACDBE Participation in Joint Ve
Page 3 and 4: DBE Participation in Airport Conces
Page 7 and 8: • At about the same time (early 8
Page 9: Why JVs • Why were joint ventures
Page 15 and 16: Airport Concession Structures • T
Page 17 and 18: Direct Leases with ACDBEs • Some
Page 19 and 20: Joint Ventures • Sometimes, conce
Page 21 and 22: Joint ventures v. other forms of pa
Page 23 and 24: The Joint Venture Guidance, issued
Page 25 and 26: LA Times - November 18, 1989 • El
Page 27 and 28: • Conclusions OIG Report June 11,
Page 29 and 30: Philadelphia Enquirer - August 30,
Page 31 and 32: Baltimore Sun - May 20, 2007 • Mi
Page 33 and 34: MWAA - 19 th Annual Business Opport
Page 35 and 36: Purpose/Necessity of this JV Guidan
Page 37 and 38: What is a joint venture • An asso
Page 39 and 40: More than one contract or business
Page 41 and 42: What is “a distinct, clearly defi
Page 43 and 44: Factors in reviewing participation
Page 45 and 46: How to divide profits and losses
Page 47 and 48: Purchase of inventory, supplies, se
Page 49 and 50: What does “performs with its own
Page 51 and 52: What monitoring should the ACDBE ex
Page 53 and 54: What annual updates and changes are
Page 55 and 56: Does the ACDBE participant have to
Page 57 and 58: FAA’s External Civil Rights Websi
Page 59 and 60: The End - Thank You!! Joint Venture
Page 61 and 62:
JV Legal Structure • Joint ventur
Page 63 and 64:
Review of JV Agreement Sometimes th
Page 65 and 66:
• Contracts and Property - Establ
Page 67 and 68:
Part II - Management • Overall Ma
Page 69 and 70:
Part IV - Other Sections • Defaul
Page 71 and 72:
Examples Specific Sections of a Sam
Page 73 and 74:
Capital Contributions • Capital C
Page 75 and 76:
Absent a default under the promisso
Page 77 and 78:
Management Committee The affairs an
Page 79 and 80:
Loss of ACDBE Certification ACDBE c
Page 81 and 82:
Roles and Responsibilities of the P
Page 83 and 84:
• Recruit personnel • Supervise
Page 85 and 86:
Ask questions or request clarificat
Page 87 and 88:
A role in the operations Responsibi
Page 89 and 90:
Samples • Attachment 2 to the ACD
Page 91 and 92:
Example 1 - continued Operations (1
Page 93 and 94:
Example 1 - continued • Conversel
Page 95 and 96:
Example 2 - continued • The ACDBE
Page 97 and 98:
Example 3 - • A JV between a non-
Page 99 and 100:
Example 3 - continued • The airpo
Page 101:
Questions 100
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DBE/ACDBE Participation in Joint Ventures - Metropolitan ...

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