NIGP 90533: Concessions, Airport: Currency Exchange

NIGP 90533 Airport Terminal Advertising Concessions, an Item code, encompasses the development, financing, and operation of airport terminal advertising programs featuring digital and traditional display networks. State and local governments procure concessionaires to manage comprehensive advertising infrastructure within renovated or active airport terminals, generating ongoing revenue while outsourcing capital investment, installation, and day-to-day management to private operators. The issuing bodies are typically municipal airports or airport authorities managing regional commercial facilities; the City of Lubbock represents the recent activity in this code.

The City of Lubbock, Texas released RFP 26-19432-KM on February 7, 2026, requesting proposals for a ten-year airport terminal advertising concession at Lubbock Preston Smith International Airport with a mandatory pre-proposal meeting on February 18, 2026 via Zoom and sealed proposals due March 12, 2026 at 3:00 p.m. The solicitation evaluates respondents on business proposal and financial strength (40 points), experience and qualifications (20 points), capital investment in initial and mid-term refurbishment (20 points), and management plan and marketing strategy (20 points). Respondents must demonstrate prior experience installing, leasing, and managing advertising displays at similarly-sized airports within three years, documented annual gross revenue generation at comparable facilities, and sufficient financial resources to develop and operate the concession. The airport serves approximately 535,650 passengers annually across three domestic airlines; historical gross advertising receipts have ranged from $174,211 to $278,376 annually. Contractor must maintain Commercial General Liability of $1 million per occurrence with $2 million aggregate, Commercial Auto Liability of $1 million combined single limit, and statutory Workers' Compensation. Initial prices are guaranteed for six months upon City approval, with adjustments thereafter based on Consumer Price Index or Product Price Index changes. The ten-year contract includes automatic renewal unless either party provides 90-day written notice of termination.