Origin Country
United States

airport deal

United States - Puerto Rico (9 airports)

Operator // PRPA Aviation Bureau

Overview

Overview

The PRPA issued an RFQ on Mar. 15, 2019 seeking qualified and experienced operators to provide operations and maintenance services at nine regional airports located throughout Puerto Rico. Based on the Statement of Qualifications (SoQs) received, the PRPA/gov’t will shortlist up to a maximum of five respondents for participation in the RFP stage, concluding with selection of a preferred proponent. The unconventional O&M contract structure includes a fixed price (on opex) for the contract term, a revenue share component and substantial risk transfer without being a full P3/PPP concession. In mid. Feb. 2021, officials inaugurated a USD866K expansion to PSE boarding facilities, part of a broader USD12.8m upgrading project including USD10.7.m Taxiway ‘A’ and USD469k underground runway drainage improvements.

786,100 9 airports
45,300 9 airports
N/A 9 airports

Cargo (tonnes)

For multi-airport deal profiles, passenger, movement and cargo data is represented as accumulated values for all airports included in the deal.

Included Airports

Airports

Click an airport location for details

Puerto Rico

9 airports

Transaction Stage

Stage

Deal has been archived

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Stage 1 — Pending

Deal Structuring & Market Sounding

Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.

Stage 2 — Pending

Due Diligence & Bid/Offer Development

Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.

Stage 3 — Pending

Award, Financial Close & Transfer

Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.

Deal Information

Information

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