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T F A Indianapolis Airport Authority R Overview of the ACDBE - PowerPoint PPT Presentation

Sep 15, 2023 •353 likes •745 views

T F A Indianapolis Airport Authority R Overview of the ACDBE Program Update Federal Fiscal Years (FFY) 2018 2020 D Presented by Indianapolis International Airport January 18, 2018 Ken Weeden & Associates, Inc. Planning

  1. T F A Indianapolis Airport Authority R Overview of the ACDBE Program Update Federal Fiscal Years (FFY) 2018 – 2020 D Presented by Indianapolis International Airport January 18, 2018 Ken Weeden & Associates, Inc. Planning Consultants Raleigh-Wilmington-Atlanta

  2. T ACDBE Program Welcome and Introductions F Consultation Indianapolis International Airport: Meeting Agenda Holli Harrington – Director of Supplier Diversity, A Indianapolis International Airport Purpose of ACDBE Program Public Meeting R Holli Harrington , Director of Supplier Diversity Explanation of the Overall ACDBE Goals for Federal Fiscal Year 2018-2020 D Kevin Weeden , Senior Vice President, Ken Weeden & Associates, Inc. Questions and Answers 2

  3. T F ACDBE = Airport Concessions Disadvantaged Business A Enterprise What is the R ACDBE Program designed to increase program? opportunities for minority- and D women-owned companies to participate in airport concessions 3

  4. T A firm that is at least 51% owned and F controlled by one or more persons that are presumed to be socially A and/or economically disadvantaged What is an R Must undergo certification process ACDBE? D Must meet personal net worth standards and business size standards 4

  5. T Firms located outside the State F of Indiana must be certified in A their home state prior to becoming certified in Indiana What is an R ACDBE? Only firms certified by the Indiana Unified Certification D Program are eligible to be ACDBE firms 5

  6. T To ensure nondiscrimination in the award F and administration of opportunities for concessions by airports receiving USDOT A financial assistance. Objectives To create a level playing field on which of the R ACDBEs can compete fairly for ACDBE opportunities for concessions. program D To ensure the ACDBE program is narrowly tailored in accordance with applicable law. 6

  7. T To ensure that only firms that fully meet F eligibility standards are permitted to participate as ACDBEs. A Objectives To help remove barriers to the of the R participation of ACDBEs in opportunities ACDBE for concessions at airports. program D To provide appropriate flexibility to airports in establishing and providing opportunities for ACDBEs. 7

  8. T All primary airports whose F concessions generate on average at least $200,000 in A Who gross revenue per year over a participates three-year period. R in the Primary airports are airports that ACDBE have air carrier service and have D program? over 10,000 enplanements per year. 8

  9. T Overall goal for car F rental concessions Goals are set by the A type of concession Overall goal for all How are other concessions R (‘non-car rental ACDBE concessions’) Goals are set on a goals set? three-year basis D Goals are set using a two-step process (calculation of base figure, adjustment of base figure) 9

  10. T Non-Car Rental Calculating the Base Figure F Goal (Step 1 – relative availability) A 1. List the current R concessionaires, and group by type. D 10

  11. T Non-Car Rental Goal FY 2018 - 2020 Concession Types F A Currency exchange Passenger services Food & beverage Retail/specialty R shops D News & Gifts 11

  12. T Non-Car Rental Calculating the Base Figure (Step 1) F Goal Based on prior years’ A 2. gross receipts, project R the potential concession revenue D three (3) years into the future for concessions. 12

  13. T Indianapolis Calculating the Base Figure (Step 1) F International Airport: PERCENTAGE OF GROSS RECEIPTS Three-Year Gross A Currency Passenger Receipts Exchange, 4% Services, 1% News & Gifts, 17% R D Retail, 12% Food & Beverage, 66% 13

  14. T Calculating the Base Figure (Step 1) Non-Car Rental F Goal The total gross receipts for the previous 3-year period is A $137,056,192. Enplanements are projected to R increase 2.1%* per year. Base figure for next 3 years = D $153,582,804 . * https://www.indianapolisairport.com/about/media/media- releases/airport-land-use-and-development-study-yields- preliminary-forecasts-and-data 14

  15. T Calculating the The normal market area 3. F Base Figure (NMA) for non-car rental concessions at the Airport is A statewide . Factors in the NMA determination are: R Geographical area where  D most of the current concessionaires are located Interested Vendor lists  15

  16. T Calculating the 4. Estimate the number of F Base Figure potential concessionaires, in the market area , A compared to the number of ACDBE concessionaires R in the market area . D This is the “relative availability of ACDBEs” 16

  17. T This information comes from: Relative F Availability of • US Census Bureau County Business ACDBEs Patterns A • Indiana Unified Certification Program (UCP) Directory R • Indiana Department of Administration Certified Business Directory D • City of Indianapolis Office of Minority and Women Business Development (OMWBD) Vendor Listing 17

  18. T Relative Availability of ACDBEs F Ratio of Estimated NAICS ACDBE All Relative Gross Weighted Concession activity codes firms firms Availability Receipts Availability A 0 103 0.00% 0.03 0.00% Electronics shops 443142 1 24 4.17% 0.01 0.04% Men's clothing 448110 1 109 0.92% 0.00 0.00% Women's clothing 448120 R 2 25 8.00% 0.06 0.50% Sports apparel 448190 Jewelry 448310 0 48 0.00% 0.01 0.00% 0 4 0.00% 0.01 0.00% Luggage & Leather Goods 448320 D 3 49 6.12% 0.16 1.00% News & gifts 453220 0 1 0.00% 0.04 0.00% Currency exchange 523130 16 823 1.94% 0.61 1.19% Food & beverage 722513 Snack shops 722515 4 126 3.17% 0.05 0.15% Spa services 812199 1 63 1.59% 0.01 0.02% WEIGHTED STEP 1 BASE FIGURE = 2.91% 18

  19. T Calculating the Base Figure (Step 1 Calculating the F – active participants) Step 1 DBE Base Figure Determine the number of ACDBE A firms that have actively participated in airport concessions in the past three years. R D Determine the total number of firms that have actively participated in airport concessions in the past three years. 19

  20. T Calculating the Calculating the Base Figure F Step 1 DBE Base (Step 1 – active participants) Figure A ACDBE firms (active participants) = 5 R Total firms (active participants) = 22 (5/22) x 100 = 22.73% D 20

  21. T Adjust the Goal – The relative availability figure = 2.91%. F Step 2 The active participants figure = 22.73%. A (2.91% + 22.73%) / 2 = 12.82% Step 1 ACDBE base figure R Step 2 is to consider additional evidence to adjust the Step 1 base figure. D Evidence of “adjustment factors” include: 21

  22. T Adjust the Goal – F Step 2 A Indianapolis Airport Authority Non-Car Rental ACDBE Accomplishments for FY 2014 – FY 2016 R Report Total ACDBE Achieved Period ACDBE Goal % Achieved Over/Under FY 2014 15.50% 9.19% -6.31% D FY 2015 9.92% 11.31% 1.39% FY 2016 9.92% 11.74% 1.82% MEDIAN 11.31% 1.39% 22

  23. T Adjust the Goal – F Step 2 Additional adjustment A factors include consideration of: R Statistically D Quantifiable Local Disparity Information Studies regarding the capacity of ACDBEs. 23

  24. T Adjust the Goal – The Base Figure (Step 1) was F Step 2 12.82% The Median Historic Achievement A is 11.31% R Then average the two (12.82+11.31)/2 = D The adjusted goal is 12.07%. 24

  25. T Adjust the Goal – Given the amount of projected F Step 2 non-car rental opportunities within A the Airport between October 1, R 2017 and September 30, 2020, the ACDBE goal for non-car rental D concessions is $18,537,444 , or 12.07% of $153,582,804 . 25

  26. T CAR RENTAL CONCESSIONS GOAL F Much of the process A for the Car Rental R goal methodology is the same as for the Non-Car Rental Goal D methodology 26

  27. T CAR RENTAL CONCESSIONS: Calculating the Base Figure – Step 1 F Indianapolis International Airport: A Three-Year Gross Receipts R Gross Receipts for Car Rental Concessions FY 2014-2016 FY 2014 $81,697,207 D FY 2015 $84,460,295 FY 2016 $90,682,733 TOTAL $256,840,234 27

  28. T CAR RENTAL • Define market area F CONCESSIONS: Calculating the Base • List concession type by Figure – Step 1 A NAICS code R • Calculate “relative availability” D 28

  29. T CAR RENTAL The average purchase amount for F CONCESSIONS: goods and services for the previous Calculating the Base Figure – Step 1 A year was $93,693,068 . R Expenditures projected to remain flat over the next three years. D $93,693,068 x 3 years = $281,079,204 Total projected expenditures 29

  30. T CAR RENTAL The normal market area (NMA) F CONCESSIONS: Calculating the Base for car rental concessions is Marion Figure – Step 1 A County, based upon where the vendors, from whom the car rental R companies purchase goods and services, are based. D 30

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