$12M contract would consolidate Tacoma’s parking operations

The City of Tacoma is seeking bids from contractors interested in managing the City’s public parking operations, according to a legal notice published this week in the Tacoma Daily Index.

Currently, the City of Tacoma has one contract with Republic Parking NW to manage its off-street parking operations, which include 1,700 parking stalls in six garages, and 216 parking stalls in three surface lots, and a separate contract with Xerox, Inc. for its on-street parking operations, which includes 2,200 parking stalls located within the downtown parking enforcement area. Of that total, 1,800 spots are metered using approximately 160 Parkeon Strada pay stations.

According to the legal notice and request for proposals, the City plans to consolidate those operations to a single primary vendor under a six-year, $12-million contract. The City of Tacoma’s Public Works Department will continue to oversee the parking facilities and the operating company awarded the contract.

The parking garages earned the City of Tacoma approximately $2.2 million in gross revenue in 2013; approximately $1.6 million in gross revenue in 2012; and approximately $1.65 million in gross revenue in 2011. The on-street pay stations earned the City of Tacoma $970,524 in gross revenue in 2013; $962,751 in gross revenue in 2012; and $897,968 in gross revenue in 2011.

The bid deadline expires at 11 a.m. on Tues., April 8.

More information is available online here.

To read the Tacoma Daily Index‘s complete and comprehensive coverage of parking in Tacoma, click on the following links: