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

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• At about the same time (early 80’s), a significant number of contracts at the country’s s busiest airports began to expire. By this time, airport management had a much better understanding of the value of the contracts. Most airports changed their method of solicitation from high $ bid to proposals. Other items, such as proposed concepts and design, capital investment, management and operating plan were considered when awarding airport concession contracts. • At this time, airport concessions in most U.S. airports were operated by either one prime concessionaire who operated all food/beverage and retail concessions or two prime concessionaires, one operating all food/beverage concessions and the other operating all retail concessions. 6
Page 1 and 2: DBE/ACDBE Participation in Joint Ve
Page 3 and 4: DBE Participation in Airport Conces
Page 8 and 9: • Also, in the 1980’s, airports
Page 10: • As the airport concession busin
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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