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Board Of Public Works Approves $396 Million For Projects Across Maryland

Board Of Public Works Approves $396 Million For Projects Across Maryland

ANNAPOLIS, Md. — During Wednesday’s Board of Public Works meeting, Comptroller Brooke E. Lierman and Governor Wes Moore voted to approve a contract for Fraport Baltimore Partnership, LLC to develop, renovate, lease, and manage the retail, restaurant, and commercial services at BWI Thurgood Marshall Airport. Treasurer Davis voted against the measure after questioning Maryland Department of Transportation Deputy Secretary Samantha Biddle about the procurement process.

According to the Maryland Department of Transportation, the lease would generate $39.4 million in revenue in its first full year of operations. Fraport has also committed to investing $31.5 million in capital improvements and would pay the state a 90% share of gross concession revenues. Comptroller Lierman expressed that Fraport’s selection represented the best option among the proposals.

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