Advisers sought for St Louis airport concession
The City of St Louis, Missouri, has issued a tender seeking qualification statements from legal, technical and financial advisers for St. Louis Lambert International Airport (STL).
The City intends to conduct a competitive solicitation and procurement for the creation of a public-private partnership for the lease of the Airport through the APPP Program, and, if the bids received are acceptable, submit the necessary documents to the Board of Aldermen and the Board of Estimate and Apportionment for their review and approval.
St Louis would like to retain a qualified and experienced advisory team to assist the City in developing the Airport Lease RFP, evaluating responses, negotiating favorable terms for the City, obtaining FAA approval, providing other services as described herein and in the contract, and closing the transaction. It is the intent of the City to complete all of these actions within an updated schedule to be developed and presented to the FAA within 30 days after the selection of the advisory team.
The City is looking for opportunities to improve and expand airport services for its business and recreational travelers as well as businesses that utilize airport facilities. The Airport is comprised of 2,800 acres and served 13.9 million passengers in 2016.
The deadline for submitting proposals is October 20, 2017. Further information is available here.
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