1-Exhibit E – ATM Concession Bid Sheet.pdf
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- Attached to
- Automated Teller Machine Concession 2026
- Solicitation number
- Solicitation209
- Issued by
- Hennepin County, Minnesota
About this file
This is an ATM Concession Bid Sheet issued by the Metropolitan Airports Commission for the operation and management of Automated Teller Machines at Minneapolis-St. Paul International Airport in Hennepin County, Minnesota. The concession requires a minimum of ten ATM locations across Terminal 1 and Terminal 2, with at least eight machines in Terminal 1 and a minimum of two in Terminal 2. The successful bidder will propose specific ATM locations for review and approval by the Metropolitan Airports Commission. The bid submission period extends for 180 days following the date of bid opening, and bid deposits will be returned to unsuccessful bidders no later than 180 days after the opening date or upon execution of the agreement by the successful bidder, whichever occurs first.
Bidders must establish an annual guarantee payment to the Metropolitan Airports Commission for each year of the five-year concession term, with a minimum annual bid of $200,000 per year. Bidders may propose higher annual guarantees in any year. The Metropolitan Airports Commission will evaluate all bids using a net present value formula applied to the five-year annual guarantee amounts to determine the total bid value. The Commission reserves the right to award contracts based on submitted bids, negotiate with one or more bidders, reject any or all bids, waive minor irregularities or informalities, and award the contract to the bidder best meeting the needs of the Commission. If a successful bidder fails to enter into a lease agreement, furnish a performance bond, or otherwise comply with concession specifications, the bid guarantee will be forfeited as liquidated damages.
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Text version
Exhibit E – ATM Concession Bid Sheet
METROPOLITAN AIRPORTS COMMISSION
AT
MINNEAPOLIS-ST. PAUL INTERNATIONAL AIRPORT - WOLD-CHAMBERLAIN FIELD
HENNEPIN COUNTY, MINNESOTA
To Metropolitan Airports Commission:
For the operation of an ATM Concession at Minneapolis-St. Paul International Airport - Wold- Chamberlain Field, Hennepin County, Minnesota, in the areas specified and subject to the terms and conditions as set forth in the specifications for the AGREEMENT FOR CONCESSION TO OPERATE ATMs AT MINNEAPOLIS-ST. PAUL INTERNATIONAL AIRPORT - WOLD-CHAMBERLAIN FIELD, HENNEPIN COUNTY, such specifications including as part thereof the following:
1. Request For Bids
2. Exhibits A – G
ATM Locations:
A minimum of ten (10) locations within Terminal 1 and Terminal 2, to be proposed by the successful Bidder for review by MAC with a minimum of eight (8) ATM’s Terminal 1, and a minimum of two (2) locations in Terminal 2.
The undersigned in furtherance of this offer proposes to pay to the Metropolitan Airports Commission the following minimum annual guarantees based on the concession fees required as contained in the specifications. Bids will be evaluated by calculating the net present value formula of all 5 years Annual Guarantees to determine the total bid amount. Please state your Annual Guarantee for each agreement year. Bidders shall set a Annual Guarantee for the ATM concession.
The Annual Guarantee for each year must be a minimum bid of $200,000. Bidder may bid more than $200,000 in any year.
Year Annual Guarantee Bid
The MAC reserves the right to award contracts on the basis of the bids submitted or to negotiate with one or more bidders, at its option. In addition to the Commission's right to reject unacceptable bids per section II. F. above, MAC reserves the right to reject any or all bids, and to waive minor irregularities, informalities or discrepancies in the bid documents, and to award the contract to the bidder best meeting the needs of MAC as determined by the Commission. Upon rejection of bids, the Commission may re-advertise or otherwise award the desired concessions.
It is understood that the bid guarantee will be forfeited to the Commission as liquidated damages in the event the undersigned, if awarded the concession, fails to enter into a lease agreement, furnish performance bond, and otherwise comply with the requirements of the aforesaid specifications.
It is further understood, if the undersigned is an unsuccessful bidder, its bid deposit will be returned no later than upon execution of agreement by the successful bidders but in no event later than one hundred eighty (180) days after the date of opening bids. The undersigned bidder is bound by this offer for a period of one hundred eighty (180) days following the dates of opening of bids.
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Exhibit E – ATM Concession Bid Sheet
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