The Savannah Airport Commission requests renewal of an an annual contract with Kone for elevator and escalator maintenance in the amount of $142,437.96. The term of the service agreement with Kone was amended on March 18, 2009, to be automatically renewed annually provided that price increases did not exceed 5% per year. 

Kone has continued to perform under this agreement in compliance with the 5% limit, but the current cost for this service agreement is $11,869.83 per month, or $142,437.96 per year.

The agreement renews annually and was previously renewed on February 28, 2016.

Approval