Request for Authorization to
Execute Management Agreement
August 23, 2011
Item No. ____6b_________
Date of Meeting ___August 23, 2011____
World Trade Center
International
Conference Center
Cruise Terminal
Conference and Event Facilities
Smith Cove Cruise Terminal
Selection Process
Nationwide Request for Qualifications/Request
for Proposal
Conference Center Consulting Group support
Recommend Comprehensive Management
Agreement structure
Proposed Business Terms
Term: Ten Years with One Ten-Year Renewal Option
Management Fee between 4% to 7% of gross revenue
Option to Add Temporary Space
Option to Reduce Space
Port Investment for Improvements
Rebates and Discounts
Related-Party Transactions
Manager Termination
Schedule
Advertise Request for Qualifications – August 24, 2011
Invite Shortlist to Submit Proposals – October 13, 2011
Shortlist Interviews- week of December 14, 2011
Decision – week of December 20, 2011
Execute agreement – no later than January 30, 2012
