Auto Rental News
MenuMENU
SearchSEARCH

Florida Transit Officials Seek Ways to Cut Costs of Rental-Car Hub

Officials are committed to beginning construction next year despite budget constraints, declined rental agency interest.

by Staff
November 1, 2006
2 min to read


Both bids to build Miami International Airport's car-rental hub have been officially rejected, but Florida Department of Transportation officials are talking with officials of the low bidder, Turner Construction Co., about ways to lower expected costs, Miami Today reports.

Under the plan, the contractor would assume a certain amount of risk that would be built into the contract price, and the state is looking at charging car-rental companies additional rent to help cover the cost of the project, a project spokesman said.

Ad Loading...

An existing fee for every transaction would be raised once the new facility is in operation, and funds will go towards construction and maintenance so the facility will be self-sustaining, officials say.

The facility was discussed at a Miami-Dade County Commission regional transportation committee workshop last week. Miami-Dade County aviation officials said the terminal would cost $1 billion more than expected due in part to increases in raw materials and labor costs.

The state opened bids in September for the car-rental hub, which had been budgeted at $217.6 million. Turner Construction Co. bid $399.9 million and Odebrecht Construction $470.1 million, according to Miami Today.

It was announced in January that the facility, two years behind schedule at the time, was to be downsized to 6,800 spaces from 9,500 because the post-9/11 decline in airline passenger traffic caused a drop in the number of car-rental companies interested in the hub. Originally, 22 companies were interested in the facility. The number had declined to 16.

More Rental Operations

Photos of CEOs Colm Brady and Francois Kruger on a blue background and above a headline.
Telematicsby News/Media ReleaseMay 22, 2026

RentalMatics, GeoInt Partner On Rental Car Speed Tracking Tech

Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.

Read More →
NextPass 407 ETR

NextPass Expands Toll Payment Service to Highway In Toronto

Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.

Read More →
A black Jeep is displayed at the Zubie-Bosch-TSD exhibit during the International Car Rental Show.

Zubie, PurCo Integrate Rental Damage Detection With Telematics

The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.

Read More →
Ad Loading...
50 states map showing LOR rates for each state with different shades of light to dark green

U.S. Length Of Rental (LOR) Declines Slightly in Q1 2026

LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.

Read More →
Illustration of a driverless futuristic front seat/dashboard view of other cars on a freeway with city skyline on horizon.

Hertz, Uber Deepen Roles In Self-Driving And Driver-Led Fleet Services

The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.

Read More →
A tech collage of electronic devices against a computer chip blueprint map.
Rental OperationsMay 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

Read More →
Ad Loading...
A tech collage of electronic devices against a computer chip blueprint map.
Rental OperationsMay 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

Read More →
A black Audi SUV superimposed on a historic scene from downtown Tashkent, Uzbekistan.

Carwiz Sets Up Rental Operations In Central Asia

The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.

Read More →
A raging brushfire in the countryside.
Rental Operationsby Martin RomjueApril 30, 2026

Where Rental Fleets Must Adjust To Shifting Catastrophe Risks

West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.

Read More →
Ad Loading...
ARN Industry Newsmakers thumbnail page with ARN and ICRS logos and shots of Nick DiPrima and Martin Romjue
Rental Operationsby Martin RomjueApril 27, 2026

Using AI To Find Rental Car Damage

Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.

Read More →
Ad Loading...