In May of 2006, the Commission executed the original maintenance/service agreement with Kone Inc. for the maintenance of most of the Airport’s escalators and elevators. The agreement was amended and executed in 2009, which provided for annual increases not to exceed five (5%) percent. Kone is proposing a 3% increase for 2020-2021, which will bring their cost to $12,633.51 per month, or $151,602.12 annually and a 3% increase for 2021-2022, which will bring their cost to $13,012.51 per month, or $156,150.18 annually. This agreement will include the existing escalators, which are scheduled for replacement beginning in the fourth quarter of 2020. The replacement will take several months to complete, at which time the new escalators will be under warranty and include a one-year maintenance agreement as approved by the Commission at the January 13, 2020, Savannah Airport Commission Meeting. This maintenance/service agreement is a 2020 budgeted item.

Recommend Approval.

Approval