Attachment_B_-_Minimum_Annual_Guarantee_(MAG)_and_Percentage_Fee.pdf
PDF 165 KB Posted
- Attached to
- Airport Terminal Advertising Concession
- Solicitation number
- 032825
- Issued by
- Barnwell County, South Carolina
About this file
Attachment B is a fees document from the Hilton Head Island Airport for an Airport Terminal Advertising Concession contract. The document outlines the financial structure for a three-year contract with potential renewal for an additional three years, specifically detailing the Minimum Annual Guarantee (MAG) and Percentage Fee payment requirements for each contract year. The contract involves a comprehensive advertising program management opportunity that includes digital displays, marketing software, and ongoing business plan development.
The fee structure includes two primary financial components: a monthly Minimum Annual Guarantee (MAG) and a monthly Percentage Fee, both of which are to be paid by the Concessionaire to the Hilton Head Island Airport. The MAG for the first contract year will be pro-rated to begin after the Installation Period, and both the MAG and Percentage Fee amounts are to be specified for each contract year, including the potential renewal years 4, 5, and 6. The document provides a template for these fees but does not populate the specific dollar amounts, indicating that these will be determined through the proposal process.
View the file
Other files
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
ATTACHMENT B
FEES
The Minimum Annual Guarantee (MAG) paid by Concessionaire to Hilton Head Island Airport on a monthly basis for each year of this Contract is listed in the table below.
Contract Year MAG (per month) 1* $ 2 $ 3 $
Renewal Option Year 4 $ 5 $ 6 $
Note: The MAG for Contract Year 1 will be pro-rated to include the first day following the
Installation Period and will continue through the end of Contract Year 1.
In addition to the MAG, Concessionaire shall provide the Percentage Fee proposed for each
Contract Year:
Contract Year Percentage Fee (per month)
1*
Renewal Option Year
File details come from the government source that posted it. Updated .