Published on : Wednesday, June 1, 2016
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 (7) years with two (2) 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.