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  4. ›245 CAYUGA PARKING LEASE

NYS Niagara Frontier Transportation Authority·New York

245 CAYUGA PARKING LEASE

Closes 11/2/2026$500k – $2MRequest for ProposalLogin required
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Description

NFTA seeks requests for proposals for 245 CAYUGA PARKING LEASE On August 2, 2022, the Niagara Frontier Transportation Authority (NFTA) partnered with Bonfire Interactive to create a new procurement portal that allows vendors to receive notifications of formal competitive procurements (Requests for Proposal & Invitation for Bids) and to also submit their bids and proposals electronically through the portal. To register in Bonfire as NFTA Supplier or to download RFP and IFB documents, go to NFTA's Procurement Page for more information at Doing Business with the NFTA | NFTA If you have already registered in Bonfire, go to https://nfta.bonfirehub.com/. Contact Bonfire at [email protected] for any questions regarding the Bonfire website. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: SNORAC, LLC (Enterprise Car Rental) Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00%

Attached files

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

Contact

Arlene Sebastian(Senior Buyer)

[email protected]

(716) 855-7357

Key dates

Opened
10/8/2026
Closes
11/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
531120
Solicitation №
RFP 260051

Budget estimate

$500,000 – $2,000,000

The solicitation does not disclose a contract value. Based on typical multi‑year municipal parking‑lease agreements for a 245‑space lot in a mid‑size city, annual revenues (and thus the vendor’s compensation) often range from $500 K to $2 M, depending on utilization rates, fee structures, and ancillary services (e.g., enforcement, technology). Assuming a 3‑year term, total contract value could be roughly $1.5 M–$6 M. Factors influencing the final amount include the negotiated lease rate per space, expected occupancy, and any performance‑based incentives.

AI estimate from the solicitation

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