Written Questions for JFK T8 Concessions Program RFP (Oct 15, 2021).xlsx

RequestforProposalstoDevelop,Market,LeaseandManage

FoodandBeverage,TravelEssentials,SpecialtyRetail,DutyFreeandServicesConcessions

atJohnF.KennedyInternationalAirport,Terminal8

TheinformationbelowisprovidedinresponsetowrittenquestionsreceivedaspartofAmericanAirlines'requestforproposals.Pleasereviewthis

informationcarefullyasitpertainstothepreparationofproposals.ThisinformationistobeusedaspartofthisRFPandfornootherpurpose.

Pleasenotethat

insomecases,asingleresponsehasbeenprovidedformultiplequestions,andthatsomequestionsreceivedarenotlistedherebecause

theyarestillunderinternalreview.Shouldadditionalinformationbecomeavailable,arevisedversionofthisdocumentwillbemadeavailable.American

reservestherighttochangeormodify

thisinformationatanytime.

# Question Response

DoyouplantoopenadataroominorderfortheRespondentstohave

accesstoimportantinformation,includingcurrentcontractsbetween

URWandAmericanandbetweenURWandsubtenants,financial

statementsfromcurrentoperatorsanddeveloper,#staffpersubtenant,

preciseterminalplans?

Thistypeofinformationisconsidered

proprietaryandcannotbeshared

aspartoftheRFPprocess.

HowdoyouexplainthedecreaseininternationaltrafficfromAA

between2016and2019?

Americanisnotabletoprovidethisinformation.

WhatistheplananddatesforJetBlue'sT6constructionandT7

demolition?

Americandoesnothave

anyinformationregardingJetBlue's

constructionplans,apartfromwhathasbeenpubliclyannouncedby

JetBlueand/orthePortAuthority.

FollowingthedemolitionofT7in2022,isitsafetoassumea100%shift

ofoneworldairlines(BA,Iberia,AlaskaAirlines)fromT7toT8orthe

shift,shouldtherewill

beany,wouldbegradualovercoupleyears

startingfrom2023?

Americanisnotabletoshareinformationthathasnotbeenpublicly

announced.

5WhataretheguaranteesfortherelocationofBAinT8?

AmericanandBritishAirwayshaveexecutedanagreementforBAto

relocatetoTerminal8effectiveDecember

2022.

6AreallLATAMoperationsshiftedtoT4inFebruary2020? Yes.

Whatarethe2019capacityconstraintsattheairport(orbyterminal)

and,ifsome,whataretheirimpactontraffic?

Amajorrunwayprojectin2019limitedcapacityforallairlinesatthe

airport.

# Question Response

CanwehaveadiscussionwiththeNYNJPortAuthorityRoute

Developmentteamabouttrafficassumptionsandairlinesallocationin

relationtothisRFP?

Non‐publicinformationabouttrafficorroutescannotbesharedby

AmericanorthePortAuthority.

Couldyouprovidethecurrentcompensationstructureanddetails

betweenthe

subtenantsandURWAirports?

Couldyouprovidethecurrentcompensationstructureanddetails

betweenURWAirportsandAmericanandthePortAuthority?

Thistypeofinformationisconsideredproprietaryandcannotbeshared

aspartoftheRFPprocess.

Shouldwebuildprojectedfinancialdatabasedonthe3differenttraffic

scenarios?

Yes,pleaseutilizethe3passengerforecastscenariosintheRFPtobuild

financialprojectionstobeincludedinRFPresponsesubmittals.

Whatistheassumptionforrecoveryyears(recovering2019levels)forT8

separatelyfordomesticandinternational?Whatlevelsoftrafficwould

beassumedfortheyearuntil

recoveryagainseparatelyfordomesticand

internationalforT8?Whatwouldbepaceofrecoverycomparedtototal

JFKandUSA?

Wheredoestheincreaseininternationaltrafficcomefrom(besidesBA)

forBaseandBestcase(betweenorganicgrowthfromcurrently

operatingairlinesinT8andairlinescominginT8)?

Morespecifically,itismentionedintheRFPthatotherpartnerairlines

willjoin.CouldyoupleasespecifywhataretheRFPassumptions

regardingtheseairlines(name,alliance,countryoforigin)?

Couldyoupleasedetailthebottom‐upassumptionsbehindthetraffic

figuresforinternationaltraffic(e.g.,airlines,destinations,frequencies,

type

ofaircraft)inthe3scenarios?

Whatarethepossibledevelopmentsintermsofinternationalroutesand

capacityforAA(e.g.,SouthEastAsia,NorthAsia,China,Europe,South

America)?

Inthebaseandbestcases,wheredoesthedomestictrafficgrowthwill

comefromiftherewillbefewerAAdomestic

flights?

Inseatcapacitydata,itisobservedahugeincreaseinNovandDec2021

comparedtosamemonthsof2019(~50%),isthedemandforholiday

seasononlyreasonforsuchcapacityincrease?Whatwillbethecapacity

levelcomparedto2019in2022?

Couldyoupleasedetailthe

bottom‐upassumptionsbehindthetraffic

figuresfordomestictraffic(e.g.,airlines,destinations,frequencies,type

ofaircraft)inthethreescenarios?

WhydowewitnessadropintrafficforDomsegmentbetween2023to

2024?

Whichadditional/newroutesandfrequencyincreasesisAmerican

Airlinesplanningtoimplementinthe

next5years?Whichroutesare

underreviewtobedropped/reducedinfrequency?Canyouplease

shareadditionalorexpanduponhistoricandfutureenplanement

numbersforBritishAirwaysconsideringtheirco‐locationinT8from2022

onwards(historicenplanements,destinations,enplanementforecast,

plannednewroutes/frequencyincreasesetc.)

American

isnotabletodiscloseinformationregardingfutureschedules

orroutesnotpubliclydisclosed.TrafficprojectionsincludedintheRFP

arebasedonourownbestestimatesofAmerican'sandotherTerminal8

carriers'futureenplanements.

Regardingtherecoveryofairtraffictopre‐pandemiclevels,theindustry

generallyassumesthat

domestictrafficwillfullyrecoverbylate2022,

andthatinternationaltrafficwillextenditsrecoveryinto2023and2024,

withsomeregionsreachingpre‐pandemiclevelsfasterthanothers.

Whilefutureroutedevelopmentplansareproprietaryandconfidential,

theannouncedrelocationofBritishAirwaystoT8isanimportant

component

oftheforecastscenariosshownintheRFP,alongwith

furthergrowthoftheNortheastAlliancewithJetBlue,andthepotential

relocationofothercarrierstoT8thathavenotyetbeenannounced.

SpecificbottomupassumptionsincludedinAmerican'sforecastare

proprietary.

# Question Response

Couldyousharehistoricalfiguresbesides2019(e.g.,annualfiguresfor

2015‐2020period)forthedatashowninTable4?

AdditionalhistoricalfigureshavebeenaddedtotheRFPinExhibitL,

availableathttps://www.anewjfk.com/work‐with‐us/work‐with‐

american‐airlines/.

Doestheamountofinitialinvestment($800/sfforFood&

Beverageand

$650/sfforRetailforthefirst3years)includebothinvestmentsfromthe

Respondentandthesubtenantsoronlyincludeinvestmentsfromthe

Respondent?

Theinitialinvestmentsreferencedhereareinclusiveofthosemadeby

theRespondent,subtenants,oracombinationofthetwo.

Doesthe$800/sfapplyto

allcategoriesofretailactivities(i.e.,travel

essentials,specialtyretail,duty‐free,currencyexchange,services)oronly

tospecificcategories?

AccordingtotheRFP,theminimuminitialinvestmentforretailis$650/sf

andappliestoalloftheretailcategories.$800/sfistheamountrequired

forFoodandBeveragespace.

Can

the$10millionCapextobeinvestedduringthefirst3yearsinthe

publicareasbefreelyallocatedbytheRespondentorwillaspecificlist

ofinvestmentsbeprovidedbyAA?Incaseofthelatter,doesthe

Respondenthaveflexibilityregardingthelist?

Respondentsarefreetoproposehowbesttoallocatethe$10M

minimumcapitalinvestment.Americanexpectstoworkcloselywiththe

selectedRespondenttomakethefinaldeterminationastohowthis

investmentwillbeallocated.

Canyoupleaseconfirmthatthesalesdata(e.g.Table4)excludeany

salesrelatedtax?

Salesdata

inTable4doesnotincludesalestax.

Whatisthecurrentoverallandpercategoryparticipationpercentageof

ACDBEsbusinesses?

Americanisnotabletosharethisinformation.Theparticipationtargets

listedintheRFParetherequirementsforthenewProgram.

Shouldthe30%ACDBEparticipationtargetbeapplied

toallcategories

(e.g.,food/beverage,specialtyretail)orisitanoveralltargetontotal

receipts?

The30%ACDBEparticipationtargetisanoveralltargetapplicableto

totalreceipts.

IsthereadeadlinetoreachtheminimumACDBEpercentagethroughout

theconcessionperiod,inthecasethatthereisaramp

‐upphase?

Thereisnospecificdeadline;however,AmericanexpectstheRetail

Managertoshowsignificantprogressstartinginthefirstyearofthe

programandtomaximizeparticipationthroughoutdevelopment.

Whatisthecurrentoverallandpercategoryparticipationpercentageof

MWBEbusinesses(foreachMBEandWBE)?

Americanis

notabletosharethisinformation.Theparticipationtargets

listedintheRFParetherequirementsforthenewProgram.

IsthereadeadlinetoreachtheminimumMWBEparticipation

percentagethroughouttheconcessionperiod,inthecasethatthereisa

ramp‐upphase?

Thereisnospecificdeadline;however,

AmericanexpectstheRetail

Managertoshowsignificantprogressstartinginthefirstyearofthe

programandtomaximizeparticipationthroughoutdevelopment.

IsthereaminimumpercentagethathasbeendefinedforLBE

participation?Isitapercentageonthenumberofvenues,squarefeetor

revenues?

Whatisthe

specificminimumpercentageofFood&Beveragevenuesto

besubleasedandoperatedbyNewYorkCity‐basedbusinesses?

ThereisnominimumrequirementdefinedforLocalBusinessEnterprises

(LBE)participation.TheleaseagreementbetweenAmericanandthe

PortAuthority,provisionsofwhichareapplicabletoallsublessees,

requirestheuse

ofeverygoodfaithefforttomaximizetheparticipation

ofLBEsinallphasesofworkandoperationcarriedoutunderthis

agreement,andsolongassuchdoesnotviolatethe30%ACDBE

participationgoalrequirements.

IsthereadeadlinetoreachtheminimumLBEparticipationpercentage

throughouttheconcessionperiod,inthecasethatthereisaramp‐up

phase?

Thereisnospecificdeadline;however,AmericanexpectstheRetail

Managertoshowsignificantprogressstartinginthefirstyearofthe

programandtomaximizeparticipationthroughoutdevelopment.

Isitpossibletousetheexperienceandreferencesofthe

Respondent's

affiliates(e.g.ultimateparentcompany),eveniftheRespondentisnota

newly‐formedentity?

Isitpossibletousetheindirectparentcompany'sfinancialreferences?

Americanwillconsiderallrelevantexperienceandreferencesincludedin

Respondents'proposalaspartoftheevaluationprocess.

# Question Response

Canweexpect,sometimeduringtheprocess,toreceiveadraftofthe

development,marketing,leasingandmanagementContract,witha

possibilitytoproposeamendments,asthecasemaybe?

PleaseprovideacopyofthedraftagreementbetweenAmericanAirlines

andtheselecteddeveloper.

Americanisfinalizingthedraft

agreementtobesharedwithprospective

respondentspriortocompletionoftheRFP.

Inthesameway,canweexpecttoreceiveadraftofthesecuritydeposit

letterofcreditandconstructionperformancebond?

LettersofcreditshouldbedraftedandissuedbyRespondent'sbank,

shouldbeirrevocable,issuedby

abankwithaninvestment‐gradecredit

rating,andpayableinUSDatabankinNewYorkCity.Ifpossible,

RespondentshouldsendadraftoftheletterofcredittoAmericanfor

reviewinadvancetoensureitcanbeaccepted.

IftheIssuingBankdoesnothavean

investment‐gradecreditrating,

thereshouldbeaConfirmingBankmeetingthiscriteria.Respondentis

responsibleforallfeesassociatedwiththeletterofcredit.

Constructionperformancebondsshouldfollowtheformshownin

ExhibitMofthemostrecentversionoftheRFP.

ReferringtoVII.E.8oftheRFP,is

thereanyspecificpreferencewith

regardstocompensationstructure?Forexamplecantherespondent

offer:

‐anupfrontpaymenttobefinancedbyRespondent

‐aprogressiverevenueshare(lowerinthebeginning,increasingover

years)

‐anupsidesharingmechanismwhereahigherrevenueshareisoffered

incaserevenuesofRespondentareabove

acertainscale?

orisitpreferabletoofferafixedstablerevenuesharing?

Inordertoprovideamorerobustfinancialproposal,cantheRespondent

enterintofinancingstructureswhichmightrequireassignmentofits

contractualrightstoaFinancingpartyorpledgingofitsshares?

Isthereanyreliefmechanism

(e.g.extensionorrelaxingofMAG)tobe

envisagedinthecontractincasetheongoingpandemicsprovidemore

adverseimpactonlongerterm?

Respondentsshouldincludetheirbestproposalforhowtostructure

compensationandfinancialarrangementsaspartoftheirproposal.

Americanwillevaluatefinancialproposalstructuresoncereceived.

Article1referstothetermoftheContractas[..foratermtobeginonor

aboutApril1,2022andexpireonDecember31,2036(unlessearlier

terminatedbyAmericanasprovidedintheContract)..].Canyouplease

clarifytheterminationconditions?

Contractterminationdetailswillbeavailable

forreviewaspartofthe

draftagreementthatwillbesharedwithRespondents.

MinimumAnnualGuarantee:couldyouconfirmMAGproposalbasedon

aMAGperDepartingPaxmodeliscompliant?

Americandoesnotconsiderapassenger‐basedstructuretomeetthe

minimumannualguaranteerequirementoftheRFP.

Would

AAconsideraglobalMAGorMAGsonacategorybycategory

basis

Bothglobalandcategory‐specificMAGswillbeconsideredaspartofthe

RFPevaluationprocess.

31 WhatwouldbetheperiodicityofMAGCalculations?

RespondentsshouldincludeMAGcalculationfrequencyaspartoftheir

proposal.

32 Isitpossibletoinclude

commonloungeareasintheproposedconcept? No,thisisaReservedUsebyAmerican

# Question Response

Howmuchflexibilitydobiddershavetoproposedesignalternativesby

adjustingthescopeoftheproposedconcessionslayoutintheRFPby

changingthelayoutandincreasingSF?

Howmuchflexibilitydobiddershavetoproposedesignalternatives

addingbuildingfootprintaimedatincreasing/improvingconcession

areas?

Biddershaveflexibilityto

proposealternativedesignsandlayoutsthat

supportthegoalsoftheProgram,providedsuchchangesarenot

detrimentaltoflightandpassengeroperations.

ThelayoutinexhibitB2showspossibleremovalofmovingwalkways.Is

thatconfirmed?Ifyes,canthefreedupareabemadeavailablefor

concessionkiosks,etc.?

Thefour(4)existingmovingwalkwaysinConcourseBandConcourseC

areshowninExhibitB2withthenote“Assumemovingwalkwayremoval

pendingPANYNJapproval”.Istheintentionthattherespondentshould

assumeAmericanAirlineswillperformandpayfortheremovalorthat

therespondentshouldperformand

payfortheremoval?

AmericanhashaddiscussionswiththePortAuthorityregardingremoval

ofmovingwalkwaysinsupportoftheProgramandreceivedtheirverbal

consent.FinalapprovalfromAmericanandthePortAuthorityissubject

toreviewandapprovaloftheproposedconcept.

Respondentwouldberesponsibleforthe

costsandworkrequiredto

removemovingwalkwaysinsupportoftheProgram.

Whatisthedemarcationbetweentheconcessionscopeandbase

buildingscopeforutilitytie‐ups?Ifnewconcessionsareaarecreated,

doesthebasebuildingprovidetie‐upattheconcessionlimit,ordoesthe

concessiondeveloper

havetomakethetie‐upstoexistingservices?

Thedeveloperwillberesponsibleforalltie‐instoexistingutilities.

WouldAAconsidertoincludeofferingsotherthanretail,concessions,

andF&Binourproposal?

Yes,Americanwouldconsideradditionalconcessionscategories.

Howmuchflexibilitydoesbidderhavetoalter

theAAdesignstandard

fortheconcessionsarea?

AlteringdesignstandardswouldbesubjecttoAmericanandPort

Authorityapproval.

Arealltheexistingconcessionagreement"inplay"?Ordowehaveto

retainsomeorallofthem?

Respondentsshouldfeelfreetoproposechangestoanyorallofthe



existingconcessionslocations.Americangenerallyexpectstoseethe

majorityofspacesredeveloped;however,finaldecisionsonspecific

conceptsandlocationswillbemadelaterandafterfurtherdiscussion

withAmerican.

Canexistingoperationconfigurationsbemodifiedtoimprovethe

concessionsareaandrevenuepotential?

Allproposalsforsuchsynergieswill

becarefullyconsidered.In

developingtheseproposals,itisimportanttoconsidertheimpacton

flightandpassengeroperations.

Istheproposedrestroomenhancementprogramagiven,orcanchanges

beconsidered?

Changestotherestroomprogramarenotbeingconsidered.

Whatpercentageofexistingconcessionoperationscanbetakenoff

‐line

atanygiventimeduringconstruction?

Respondentsshouldincludeconstructionphasingandtimingof

concessionclosuresaspartoftheirproposedDevelopmentPlan.

Istheexistingloadingdockandstorageareatheonlymeansofdelivering

goodsandservicestotheconcessionsarea?

Yes,thisiscurrentlytheonlymeans

ofbringinggoodsintothe

ConcessionsArea.Alternativeproposalswouldbesubjecttoapprovalby

AmericanandthePortAuthority.

43 HowaregoodsandservicescurrentlydeliveredtoConcourseC?

Suppliesandmaterialsaredeliveredviathelandsideloadingdockat

ConcourseBand,onceinspected,transportedtoConcourseCviathe



publicundergroundwalkwayconnectingtheconcoursesandusing

freightelevators.

# Question Response

Wherewillthefutureconcessionsoperationsofficebelocatedinthe

terminal?Willthisspacebeprovidedorrentedtotheoperator?

Howmuchofficespaceisavailableforthedeveloper’son‐siteteamand

isthereachargeforthisspace?Ifso,whatistherate?

Americanwillprovide

aconcessionsoperationsofficeattheterminal.

Thesizeandlocationoftheofficearestillunderconsideration.

InadditiontotheinformationonExhibitG,canAmericanpleaseprovide

salesinformationbytenant/spacefor2018,2019and2020byMonth?

CanAmericanpleaseprovidetherentalandfeestructurefor

eachtenant

listedonExhibitK.ThiswouldincludeMAG,PercentageRent,Rent

Breakpointsandotherfeesformarketing,CAM,etc.?

Canyoupleaseprovidethecontracttermsandrentalratesforany

separatestoragespaceagreementsbetweenthecurrentdeveloperand

subtenants?

Thistypeofinformationisconsideredproprietaryandcannot

beshared

aspartoftheRFPprocess.

Arecurrenttenantsresponsibleforthetrash/recycling

compactors/haulingcosts?Ifso,whatarethecurrentcostsforthese

services?

Trashandrecyclingrelatedcostsarecurrentlyallocatedtotenantsas

partofthecommonareamaintenanceexpense.In2019,thesecosts

totaled

$140Kandin2020totaled$76K.

Aresubtenantsresponsibleforanyadditionalcostssuchasrealestate

taxesorutilities?

Thecurrentsubtenantleaseagreementstatesthatcertainfeesmaybe

applicablesuchasStoragePremisesRent,Taxes,MiscellaneousCharges

(e.g.employeeparking,badging,etc.),LogisticalSupportandPublicArea

Maintenance,

UtilitiesandJointMarketing.Americanreservestheright

topassonadditionalfeesimposedbythePortAuthorityrelatedtothe

ConcessionsProgram.

48 CanAmericanpleaseprovideCADfilesoftheexhibitB1andB2?

PleasedownloadthelatestversionoftheRFPwhereCADfilesforExhibit

B2havebeenadded

asattachments.

https://www.anewjfk.com/work‐with‐us/work‐with‐american‐airlines/.

Consideringtheco‐locationofBritishAirwaystoT8from2022onwards,

canyouprovidemoredetailinformationonthecurrentConcessions

PrograminTerminal7?i.e.historicsalesandrevenues,current

operators,rentaltermsincludingMAGand%.

Americandoesnothave

anyinformationontheTerminal7concessions

program.

OtherthanthepurplespaceshownonExhibitBisthereadditional

storagespaceavailabletosupporttheincreasedconcessionarea?Is

thereasetpersquarefootfeeforthisspace.?

Americanisworkingondeterminingif/whereadditionalstoragespace

mightbe

providedfortheProgram.

Canyoupleasedetailthearea(s)thattheDeveloperwouldbe

responsibleforprovidingjanitorialandmaintenance?

TheselectedRespondentwouldfurnish,orcausetobefurnishedby

subtenants,custodialandmaintenanceservicesforallcommonfood

hall/courtpublicseatingareasandothercommonconcessionsareas,as



wellasthehandlingandremovalofalltrash,garbage,andotherrefuse

generatedinconnectionwiththosepublicseatingandothercommon

areas,aswellasfromallconcessionlocations.

# Question Response

Section"O"oftheRFPdiscussesthePANYNJCRDWfacility.AsCRDW

costscanhaveasignificantimpactontotalsubtenantoccupancycosts

andthereforesubtenantrentalstructures,canAmericanprovidethe

anticipatedcostsforsubtenantstousethisfacility.Additionally,willthe

developerbepermittedtoestablishStandardsof

Operationand

PerformanceontheCRDWoperatorifthesubtenantsinTerminal8are

requiredtoutilizethisservice?

SectionVpartO“CRDW”:Pleaseclarifywhatcosts,ifany,willbepassed

ontotherespondentand/oritssubtenantsforthefutureuseofthe

CRDW.

Willrespondentberesponsiblefor

anairsidereceivingareainthe

Terminal?Ifso,whatlocationdoesAApropose?Willfreightelevatorsbe

needed?

AmericanisnotcurrentlyrequiredtoimplementaCRDW.Respondents

mayproposechangestoexistingreceivingprocessesinsupportofthe

Program,whichwouldbesubjecttoapprovalbyAmericanandthe

Port

Authority.

Americandoesnothaveanyinformationregardingpotentialcostsor

standardsofoperationthatwouldbeassociatedwithaCRDWfacility.

UnitM16thatiscurrentlyBobbyVan’sSteakhouseisshownonExhibit

B1andlistedinExhibitKbutisnotshowninExhibitB2.Thisisan



importantcomponentoftheconcessionsprogramtoday.Shouldthe

respondentassumethatthe5,390SFistoremainavailabletobepartof

therespondent’sproposal?

Pleaseassumethisspacewillbeavailableandincludedinthe

ConcessionsArea.ExhibitB2hasbeenupdatedtoreflectthischange.

ExhibitI–

OneJFKVisionandUnifiedDesignElements:Thedocument

referstothe“developmentandimplementationofthedetailedprogram

ofOneJFKelementsbasedondocumentationprovidedbythePort

Authority”.Cantherespondentbedirectedtospecificdocuments,

requirements,specifications,etc.thatdirectlyrelatetotheexpected

Developer’sscope

ofworktoensurealignmentofscopeanddesignto

meettheexpectedelements?Inparticular,Section15refersto

“CohesiveFinishesandMaterials”;isthereastandardsetforJFK

Terminal8thatcanbeprovided?

Americandoesnotcurrentlyhavethisinformationavailable.Wewill

requestadditionaldetailon

specificdesignelements,finishesand

materialsfromthePortAuthority.

RegardingtheareanotedinExhibitB2“2882sfofexistingconcessions

removedforterminalwork.”‐WilltherespondentorAAberesponsible

fortheworkandcosttoremoveandfitoutthisarea?Isthisproject

certaintoproceed

orproposalatthistime?Ifremoved,cantheutility

servicesforthisspacebereroutedforuseinnearbynewGLA?

AmericanplanstokeepthisspaceincludedaspartoftheConcessions

Program.ExhibitB2hasbeenupdatedtoreflectthischange.

56 PleaseprovidetheMasterLeaseandany

amendmentswithPANYNJ.

AllapplicabletermsintheMasterLeasewillbeincorporatedintothe

draftconcessionsagreement.

Istherespecificweightingofeachoftheproposalcomponents(ex.

Experience&QualificationsXX%,DevelopmentPlansXX%,etc.)?

Americanhasnotfinalizedtheweightingofeachcriteria.

Arethereanysizeor

formatrequirementsfortheproposal(minimumor

maximumsizeofhardcopy,pagecountlimitation,fontsizerequirement,

etc.)?

PleaseutilizePDFfileswherepossibleandprovidesupportingExcelfiles

fornumericalmodelsandinformationsupportingtheproposal.

CompanyfinancialstatementsshouldbeprovidedviaUSBand/or

hyperlink.Papercopiesofthese

documentsneednotbeincludedwhen

submittingprintedcopiesoftheproposal.

# Question Response

59 Whatistheproposedtimeframeforconstruction?

Americanwouldliketoseeconstructionbeginsoonafter

commencementoftheagreementandcompletedasquicklyaspossible

withtheknowledgethattrafficwillincreasesignificantlystartingin

December2022.Constructiontimelineandphasingshouldbepartof

Respondent'sproposal.