FOR IMMEDIATE RELEASE: Sept. 6, 2017
After thorough research and deliberation, the City’s procurement selection committee recommends Edgemoor Infrastructure & Real Estate LLC as the preferred development team to design, build and finance the new terminal at Kansas City International Airport.
Selection committee members recommend Edgemoor as the best overall proposer due to its experience with high-profile airport projects nationwide, its collaborative approach to the design process, and a plan that would deliver the terminal at the best price.
The Edgemoor proposal has the lowest cost and stands to gain the smallest profit of all the proposals. Project financing would be paid back with airport revenue, with no funds coming from the City’s general fund. The City will continue to own the airport.
“We’d like to thank all four teams that participated in the city’s procurement process,” said City Manager Troy Schulte. “We really dug into the details during multiple days of evaluations. We are recommending the best proposal to build a world-class terminal that will serve the City for many years to come.”
Edgemoor’s proposal is committed to creating a terminal that improves on KCI’s convenience for travelers and meets the City’s strong requirements for local involvement. Additionally, the Edgemoor team has a proven record for paying prevailing wages, partnering on workforce development, complying with M/WBE goals and including sustainable practices.
The Edgemoor team brings experience with more than $60 billion in aviation projects at 27 airports. The team has also demonstrated a commitment to working with the City, the airlines, and the public to incorporate an airport design showcasing the best of Kansas City. Additionally, the proposal has the flexibility to fill out its team with additional local companies.
The members of the selection committee are Councilmembers Jolie Justus and Jermaine Reed, City Manager Troy Schulte, Aviation Director Pat Klein, Aviation Deputy Director of Planning and Engineering Phil Muncy and Aviation Chief Financial Officer John Green.
“I want to thank Councilmembers Reed and Justus for their tireless efforts on behalf of this procurement committee process,” added Schulte.
Next, the City Council may be asked to vote to accept the recommended proposer. That would be followed by the negotiation of a Memorandum of Understanding between the City and the preferred proposer. The MOU will require a vote by the City Council.
Separately, the City Council has authorized a ballot question for the Nov. 7, 2017, election that will ask voters for approval to proceed with the terminal development project. A “yes” vote, with a simple majority, would provide approval to demolish existing terminals as needed, and approval for construction of a new single terminal to serve the airport.
More information about the terminal development process is available at the newkci web page. This includes the requirements outlined in the RFQ/P issued by the City three months ago.
Media questions can be directed to Chris Hernandez, Communications Director, at 816-513-3474 or by email.