SFO: Accepting Proposals for Terminal 3 Retail Marketplace Lease
San Francisco International Airport is accepting proposals for the Terminal 3 Retail Marketplace Lease. The Lease grants the right to provide a Retail Marketplace at the Airport for a term of seven years with two one-year options, at the Airport’s discretion. The proposed minimum acceptable financial offer, which will be the successful Proposer’s minimum annual guarantee for the first year of the Lease, is $1,350,000.00.
The Airport intends to award the Lease to the highest-ranked, most responsive and responsible proposer. Each proposer must submit a proposal deposit in the amount of $375,000.00 as a guarantee that the proposer will execute said Lease. This proposal deposit shall be in the form of a surety bond or irrevocable letter of credit in its original form. Small, local, and disadvantaged businesses are encouraged to participate. Proposals will be received from 2 p.m. on June 29, until 2 p.m. July 13.
The Request for Proposals (RFP) Document and related documents may be obtained on-line at http://www.flysfo.com/business-at-sfo/current-opportunities or by contacting Scott Blood, City Hall Fellow & Assistant Property Manager, Revenue Development and Management, at 650.821.4500.
