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Committee backs Bombardier settlement, sole‑source operations contract and hears airport bond refunding plan
Summary
Committee recommended a $56.5 million sole‑source, five‑year operations and maintenance contract with Bombardier for the SFO AirTrain (annual base $11.3 million) as part of a linked legal settlement, and advanced a resolution to issue up to $2.54 billion in airport revenue refunding bonds to the full Board.
The committee considered two related airport items on Oct. 27: a settlement tied to Bombardier Transportation and a sole‑source waiver to award a $56.5 million, five‑year operations and maintenance contract to Bombardier for the San Francisco International Airport air train system; and a resolution authorizing up to $2.54 billion in revenue…
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