Los Angeles World Airports Board of Airport Commissioners Approves Approximately $2B 28-Year Contract with LA Gateway Partners for Consolidated Rent-A-Car (CONRAC) Facility

10/18/2018 12:28 PM

ConRAC will consolidate rental car operations into one convenient facility

FOR IMMEDIATE RELEASE
October 18, 2018

CONTACT
Stephanie Sampson
(424) 646-5260
[email protected]

LOS ANGELES WORLD AIRPORTS BOARD OF AIRPORT COMMISSIONERS APPROVES APPROXIMATELY $2B 28-YEAR CONTRACT WITH LA GATEWAY PARTNERS FOR CONSOLIDATED RENT-A-CAR (CONRAC) FACILITY

This is the third and final major contract awarded for the LAMP project in 2018

 

(Los Angeles, CA) Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved a not-to-exceed $2,028,302,301 28-year contract for L.A. Gateway Partners (LAGP) to design, build, finance, operate, and maintain (DBFOM) the Consolidated Rent-A-Car (ConRAC) Facility at Los Angeles International Airport (LAX).

“With today’s board approval, we have completed the procurement process on the major components of the Landside Access Modernization Program (LAMP),” said Sean Burton, President, BOAC. “It has been a monumental year for us and we now have all of the contracts in place that will dramatically improve access to and from LAX.”

The ConRAC will consolidate more than 20 various rental car locations in and around the airport into one convenient facility located adjacent to the 405 freeway. It will feature 6,600 ready/return parking stalls, 10,000 idle vehicle storage, 1,100 rental car employee parking spaces, and more than 2,500 parking spaces for badged LAWA employees. The approximately 5.3 million square foot facility will be built in an area bordered by Aviation Blvd. on the west, Arbor Vitae St. to the north, La Cienega Blvd. on the east and the new 98th St. extension to the south.

Last month, BOAC approved an Early Works Agreement with LAGP not-to-exceed $5 million, which allowed the developer to move forward with pre-construction activities such as soil testing, engineering, and design of the ConRAC, all of which are crucial to maintaining the project schedule.

“This marks more progress towards our vision of the future of LAX,” said Deborah Flint, CEO, LAWA. “We are now in a position to deliver a world-class transportation experience worthy of an international gateway city.”

The ConRAC facility will be connected to the Automated People Mover (APM), which will eliminate the need for rental car shuttles to access the Central Terminal Area. With the removal of rental car shuttles, LAX will see a reduction in shuttle traffic and passengers waiting to board curbside at the airport.

LAGP had the lowest ultimate cost and second-highest technical score of the four teams that participated in the bid process. As part of their proposal, LAGP committed to delivering an environmentally friendly project. The facility will feature drought tolerant landscape using California native plans and the building will meet or exceed minimum requirements for LEED Silver certification.

Workforce development and inclusivity is also a key component of the project and LAGP has committed to partner with LAWA in developing opportunities for local small businesses, creation of good-paying career jobs and fostering economic growth.

Collectively, the LAGP team has extensive experience designing, building and operating nearly 30 ConRACs domestically and internationally, including the Atlanta-Hartsfield RAC facility, the Boston Logan Consolidated Rental Car Center, and the Nashville International Airport RAC facility.

The other components of the LAMP include the 2.25 mile elevated APM system, Intermodal Transportation Facility - West and associated roadway improvements.

For more information on the LAMP project, visit FlyLAX.com/ConnectingLAX.

About LA Gateway Partners (LAGP)
LAGP is led by Equity Members Fengate Capital Management Ltd., PCL Investments USA, LLC and MVI Finance LLC. The Lead Contractor is PCL Construction Services, Inc. The Lead Designer is PGAL, Inc. and AC Martin Partners, Inc. The Lead O&M Provider is Johnson Controls Inc., while the QTA (Quick Turn Around) Manager is MVI Field Services, LLC. Key Engineers are Kimley-Horn and Associates, Inc., Englekirk Institutional Inc., and Robert and Company.

About Los Angeles International Airport (LAX)

LAX, the fifth busiest airport in the world and second in the United States, was named in Skytrax’ 2018 top 10 U.S. airports. LAX served more than 84.56 million passengers in 2017 and offers 737 daily nonstop flights to 100 cities in the U.S. and 1,386 weekly nonstop flights to 88 cities in 44 countries on 73 commercial air carriers.  LAX ranks 13th in the world and fourth in the U.S. in air cargo tonnage processed, with more than 2.2 million tons of air cargo valued at over $101.4 billion.  LAX handled 700,362 operations (landings and takeoffs) in 2017.

An economic study based on 2014 operations reported LAX generated 620,600 jobs in Southern California with labor income of $37.3 billion and economic output (business revenues) of more than $126.6 billion. This activity added $6.2 billion to local and state revenues and $8.7 billion in federal tax revenues.  The study also reported that LAX’s ongoing capital-improvement program creates an additional 121,640 annual jobs with labor income of $7.6 billion and economic output of $20.3 billion, $966 million in state and local taxes, and $1.6 billion in federal tax revenues.

LAX is also the second most popular airport in the world to appear on Instagram according to wego.com. LAX is part of a system of two Southern California airports – along with Van Nuys general aviation – that are owned and operated by Los Angeles World Airports, a proprietary department of the City of Los Angeles that receives no funding from the City’s general fund.

For more information about LAX, please visit www.flyLAX.com or follow on Twitter @flyLAXAirport, on Facebook at www.facebook.com/LAInternationalAirport, and on YouTube at www.YouTube.com/laxairport1.

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities.  Alternative formats in large print, braille, audio, and other forms (if possible) will be provided upon request. 

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