3 bidders emerge for downtown Tacoma parking contract

April 8, 2014 1:50 pm
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3 bidders emerge for downtown Tacoma parking contract

Three companies have expressed interest in a contract to manage the City of Tacoma’s public parking operations.

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, according to bid documents prepared by City staff. Of that total, 1,800 spots are metered using approximately 160 Parkeon Strada pay stations.

According to a legal notice and request for proposals published last month in the Tacoma Daily Index, 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 contractors that responded to the request for proposals are LAZ Parking (Seattle, Wash.), Republic Parking Northwest (Tacoma, Wash.), and Diamond Parking Services (Tacoma, Wash.). The bid deadline expired at 11 a.m. on Tues., April 8.

040814_parking_contract_bids_web

According to bid documents prepared by City staff, 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.

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

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