Invitation to Bid (ITB) - 2024 Kenai Municipal Airport ATM Concession

The City of Kenai is seeking a concessionaire to install, operate, maintain, and service one or more Automated Teller Machines (ATMs) inside the Kenai Municipal Airport terminal. The concessionaire will lease approximately 10 sq ft of wall‑adjacent space on a non‑exclusive basis, provide 24 × 7 ATM availability, and remit a percentage of monthly gross receipts (with a minimum 38 % fee) to the City on a quarterly schedule. The contract runs for five years beginning July 1 2024, with strict reporting, insurance, and security requirements. • Scope: Install and maintain ATM units, ensure continuous service, and comply with airport security and fee caps. • Financial: Pay a variable concession fee based on gross receipts (minimum 38 %); quarterly reporting and tax add‑on; penalties for late payment. • Obligations: Provide insurance (CGL, auto, workers’ comp), submit certified activity reports, adhere to City‑directed relocation or hold‑over terms, and maintain GAAP‑compliant records.