Proposed overall ACDBE goal & ACDBE goal-setting methodology

By June 16, 2020Concessions, Featured

Friedman Memorial Airport Authority as a recipient of federal grant funds is required to establish goals for ACDBE participation in airport concession opportunities. The goals are determined for a three-year overall period on an annual basis. Goals are determined separately for non-car rental concessions and car rental concessions.

OVERALL GOAL CALCULATION FOR CONCESSIONS OTHER THAN CAR RENTALS

Name of Recipient: Friedman Memorial Airport, Hailey, Idaho.

Goal Period: FY 2020-2021-2022 – October 1, 2019 through September 30, 2022.

Overall Three-Year Goal: 1.10%, to be accomplished through 0.00% RC and 1.10% RN.

Market Area: The market area is the geographical area in which the substantial majority of firms which seek to do concessions business with the airport are located and the geographical area in which the firms that receive a substantial majority of concessions related revenues are located.

Friedman Memorial Airport has determined the market area for concessions other than car rental as follows:

The following table shows the market area and total number firms in the market area for each of the various types of non-car rental concessionaires.