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Miami University & Ohio University·Ohio

Long-Term Concession and Lease of the Miami University Parking System Public-Private Partnership (P3)

Closes 9/4/2026$5M – $15MRequest for Information
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Description

Miami University is issuing a Request for Information (RFI) to identify qualified suppliers for a long‑term concession and lease of its campus parking system under a public‑private partnership (P3). The RFI seeks detailed technical, operational, and financial proposals that meet the university’s specifications for equipment, installation, maintenance, and service reliability. Responses must be submitted electronically by the close date, and questions are due by the question cut‑off date. The award will be based on price, terms, quality, delivery, and overall value. • Scope: Concession and lease of the entire university parking system (hardware, software, operations, maintenance). • Delivery: Provide equipment, install, and manage the system for the contract term. • Evaluation: Price, technical compliance, quality, delivery schedule, and reliability. • Submission: Electronic response via Miami University’s sourcing portal; must include any exceptions or deviations. • Timeline: Issue 08/03/2026, questions due 08/21/2026, final submission 09/04/2026.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Brent Leishman

[email protected]

(513) 529-6133

Key dates

Opened
8/3/2026
Questions due
8/21/2026
Closes
9/4/2026

Last updated

Details

Type
Request for Information
Industry
Transportation and Public Transit
NAICS
531120
Solicitation №
0820262453 Addendum 1

Budget estimate

$5,000,000 – $15,000,000

The RFI does not disclose a contract value. Based on comparable university parking‑system PPPs, a long‑term concession (typically 10‑20 years) that includes equipment procurement, installation, and ongoing operations can range from a few million dollars to well over ten million dollars in total contract value. Assuming a mid‑size campus with several hundred parking spaces, a reasonable ballpark is $5 million to $15 million over the life of the agreement, with annual revenues for the partner in the $250 k‑$750 k range. Factors influencing the final amount include the number of parking assets, technology sophistication (e.g., automated payment, sensor integration), and the length of the concession term.

AI estimate from the solicitation

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