TMG Increases Engagement for DBEs and SBEs at Airport Event

On July 30th, 2014, TMG Consulting organized the 9th Annual Business Opportunities Workshop for the Baton Rouge Metropolitan Airport. This year featured a small business trade show, where small and disadvantaged businesses, along with resources agencies, tabled to showcase their talents. Attendance at this event topped over 120 small and disadvantaged business, prime contractors, resource agencies, and airport staff! The purpose of the Business Opportunities Workshop is multi-faceted:

  • to educate firms about the Airport’s Disadvantaged Enterprise (DBE) program and Small Business Enterprise (SBE) program;
  • to inform attendees about upcoming work opportunities at the Airport;
  • to facilitate networking among prime and potential subcontractor firms in order to create connections now, learn what businesses have to offer and prepare a qualified team when the next Baton Rouge Airport bid is released.
  • and to provide resources to help small businesses grow.

Small businesses are an integral aspect of the Baton Rouge Airport’s long-term vision and the airport has a history of actively engaging the DBE and small business communities on Airport contracts. The Airport DBE Program is mandated by the federal government under FAA grant assurances and aims to ensure that government grant funds are distributed equitably.

TMG Consulting has assisted the Baton Rouge Airport to draft and administer both DBE and SBE programs and regularly sets DBE project goals, conducts compliance reviews of bid, and monitors ongoing DBE participation on projects. Events such as these are hosted to help communicate the wide range of opportunities at an Airport for businesses and to demystify the DBE program for all contractors.

 

Contributed by:

Bonnie Garrigan
Manager of Economic Analysis
bonniegarrigan@tmg-consulting.net or 504.569.9239 ext.29

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 Disclaimer
The views, interpretations, or strategies expressed are those of the authors, and do not necessarily reflect the position of TMG Consulting. This site is meant for educational purposes only and does not constitute professional advice. TMG Consulting makes no representation as to accuracy, completeness, or suitability of any information on this site and will not be liable for damages arising from its display or use.

 

 

GO Zone Bonds Utilized at N.O. Airport

In May, the Louis Armstrong New Orleans International Airport (LANOIA) completed the sale of $54 million of Gulf Opportunity Zone bonds to fund terminal improvements. TMG Consulting was a member of the bond team and completed the work with the associated PFC Application for Federal Aviation Administration (FAA) approval of the funding.

In February, LANIOA awarded a contract for a $100 million Consolidated Rental Car Facility. Funded by Gulf Opportunity Zone Bonds, this project creates an 1,800 space rental car facility within passengers’ walking distance of the terminal. TMG guided the project’s conceptualization as well as rental car companies’ approval and was a member of the bond team for financing the project, which is scheduled to open in late 2012.

We continue to assist Armstrong with planning and programming services, and tasks include assisting with procurement for services, analyzing privatization options, and developing capital projects and financing means in anticipation of welcoming visitors to the 2013 Super Bowl.

TMG can help develop both small and large capital programs, from master planning, programming, and identifying available funding to fulfilling compliance and regulatory requirements. To discuss specific needs, please contact Ross Chapman at 504-569-9239, Ext. 27 or rfc@tmg-consulting.net.

$70.5 Million PFC Application Approved at Louis Armstrong New Orleans International Airport

On January 12th, the Federal Aviation Administration (FAA) approved Louis Armstrong New Orleans International Airport’s recent application for Passenger Facility Charge authority to fund eight new projects totaling $70.5 million. The projects include crucial upgrades to both the terminal and airfield, enabling the airport to meet present and future capacity, safety, and security demands. TMG Consulting has prepared Armstrong’s PFC applications and amendments—ten and counting—since the enactment of the legislation in 1991. We have also drafted numerous applications and amendments for other airport clients including Baltimore Washington International and Richmond International. TMG also prepared for Armstrong the first application ever to be approved by the FAA for bond financing secured by PFC revenue.

TMG is helping Armstrong move forward with a $500 million capital program to be completed in time for New Orleans’ hosting of the 2013 Super Bowl. This program includes airside work to rehabilitate almost four million square feet of airfield apron, pave and improve 4,100 feet of unpaved perimeter road, extend a Category IV taxiway to a perpendicular runway, and relocation and improvement of an airfield lighting vault. We were lead consultant on the $100 million Consolidated Rental Car Facility beginning construction this year. The project is financed by rental car customer fees and is the first facility of its kind to be financed by tax-free Gulf Opportunity Zone Bond financing. TMG is leading work to develop an airport hotel at Armstrong, to expand the Long Term Parking Garage, and to program and fund $100 million of terminal development projects, including an expansion that doubles the capacity of Concourse D, the consolidation of the concession and security checkpoints, and the construction of a new, single-carrier concourse for Southwest Airlines.

While the aforementioned projects will showcase Armstrong and make a bold statement, TMG Consulting is also working behind the scenes to improve the airport by developing and assembling funding strategies and resources, customizing service procurements such as new, more efficient janitorial services, coordinating and implementing the airport’s Job Order Contract system to speed maintenance and capital repairs, as well as pre-packaged construction task procurement.

TMG Consulting and the Airport Community

TMG manages the Disadvantaged Business Enterprise (DBE) program at Baton Rouge Airport. We evaluate procurement, set and maintain goals, monitor payments, and implement outreach efforts to inform minority businesses of available opportunities. We have prepared benefit-cost analyses, master plans, and environmental impact statements for airports such as Baton Rouge, Houma-Terrebonne Airport, Lambert-St. Louis International, and Mobile Regional. We routinely perform independent fee estimates for Armstrong as well as for general aviation clients such as Chesterfield County Virginia.

TMG Consulting has experience providing consulting services to more than 20 airports, large and small. We remain fully committed to serving the needs of the aviation community throughout the Gulf Region and the nation. We have over 25 years of experience to match the toughest challenges our clients have. We actively recruit and train talented professionals from wide and diverse backgrounds to meet our clients’ needs, efficiently and effectively.