Luis Muñoz Marin International Airport (SJU)

Meeting with FAA - Puerto Rico Public-Private Partnership Project 

Project Status / Major Documents / Other Issues

December 12, 2011

Washington, DC. 
Authorizing Actions by 

Puerto Rico Entities

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Approval Process of P3 Project

Governor or Delegate

Ports Authority (“PRPA”) PPP Authority (“PPPA”)

Partnership Committee

Board of Directors Board of Directors

PPP Authority Team

SJU P3 Procurement Process

PPP 

Authority 

& Advisory 

Team

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 The PPPA is the entity responsible for the procurement, evaluation, selection, negotiation and 

award process for public-private partnerships in Puerto Rico 

 The PPPA has engaged various advisors to assist in the procurement process of the Project

President of the GDB

Puerto Rico Secretary of Treasury

President of the Puerto Rico Planning Board

Public Interest Representative

Public Interest Representative

GDB PPPA

Board of Directors

(5 members)

PPPA Team

Executive Director In-House General 

Counsel

Sub-Director

In-House Legal 

Counsel Financial Analyst Engineering Analyst

Affiliate

PPPA ORGANIZATIONAL CHART

Puerto Rico Public-Private Partnerships Authority (“PPPA”)

PPPA Overview
 The PPP Committee for the Project was created in May 2010. It has the following functions:

—Contract on behalf of the PPPA, or request that the GDB contract advisors, experts or consultants

—Establish one or various technical evaluation committees to provide assistance and advice

—Approve documents as required by the procedures for qualification, the request for proposals, the evaluation 

and selection for the PPP project

—Evaluate potential proponents and pre-qualify those most suitable to participate

—Evaluate the proposals submitted and select which are most suitable, pursuant to the procedures provided in 

the Act

—Enter into the concession with the winning bidder, subject to the approval of the Governor

—Engage in or supervise the negotiation of the terms and conditions of the Concession Agreement

—Oversee compliance with the regulations and procedures

Project PPP Committee Overview

PPP Committee

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Airline Support

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Airline Support Update

 Air Transport International

 Gulf and Caribbean Cargo

 Expressjet Airline

 Tradewinds Aviation

Supporting airlines and discussion participants

American Eagle

Potential additional parties to be involved

Puerto Rico achieved the 65% consensus to support a P3 process. This consensus was crystallized by signatures of a non-binding MOU.

AirTran

American Airlines

 USA Jet Airlines

 Vieques Air Link

 Amerijet International

 Arrow Air

 Cape Air

 Spirit Airlines

 Pace Aviation

 ABX Air

Delta

Federal Express

UPS

JetBlue

US Airways

United/Continental

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Competitive Bid Process 

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Competitive Bid Process

Competitive 

Process & 

Due 

Diligence

1. Request for Proposals (RFP) 

2. Due Diligence process: 

• Data Room 

• Site Visits 

• Individual meetings and presentations (technical and specialized meetings) 

• Request for Clarifications 

• FAA meeting with bidders

• Bidders meeting with airlines

Transaction 

Documents

1. Airport Use Agreement 

2. Concession Agreement 

3. Transition Plan 

4. Operating Standards

Transaction

Bidding 

1. Final Use Agreement, Concession Agreement and Operating Standards

2. Committed Financing 

3. Final Proposals and Lump-sum bids

One to two rounds 

of revisions with 

bidders

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2

3

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6 Shortlisted Proponents

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• Wide international experience (Frankfurt, Cairo, Xián and Lima). 

• Serves over 200 million passengers. 

• International experience and reach (S. Korea, Delhi, Istanbul)

• 80 million passengers. 

• Strong US based experience and deep airline relationships. 

• Over 8 million passengers. 

• Strong global reach (Heatrow, Sydney, Brusels ). Macquarie & Ferrovial. 

• Over 100 million passengers. 

• International capabilities (9 airports in Mexico). 

• 17 million passengers. 

• Global experience (Europe, Latin America, Caribbean).

• Serves over 23 million passengers 
Public Communications of P3 Airport Project 

P3 Authority is effectively communicating the benefits of the Airport P3 to the general 

public. 

Present efforts include: 

• Transparency efforts: posting information in website. 

• Round tables with local press and media communication to update on progress. 

• Public relations and outreach efforts to inform key stakeholders. 

• Informative advertising: local TV commercial running until Dec-31-2011. 

• Focus groups and surveys: gain understanding of public perspectives. 

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