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Awarded contract·Lakewood School District·New Jersey

Student Transportation Services - Parental Contracts

Won by Lakewood Student Transportation Authority$22.5MSingle Award
Contract source

Awarded vendors

  • Lakewood Student Transportation Authority

Description

This award resolution authorizes the Lakewood Student Transportation Authority (LSTA) to provide comprehensive student transportation management services for non‑public schools within the Lakewood School District. The scope includes disbursing “aide‑in‑lieu” funds or directly procuring transportation for approximately 22,500 mandated students, at a fee of $1,000 per student, subject to verification by the Department of Revenue and Taxation. The contract aims to consolidate transportation oversight, generate cost savings estimated at $3‑4 million, and ensure consistent service delivery across the district’s non‑public schools. • Service Type: Management of transportation funding and/or direct procurement for non‑public school students. • Fee Structure: $1,000 per mandated student (≈ $22.5 M total contract value). • Procurement Method: Competitive Contracting (27 firms solicited, only LSTA responded). • Vendor: Lakewood Student Transportation Authority (sole responder, awarded after evaluation). • Expected Benefits: Streamlined administration, verified cost‑per‑student fee, projected district savings of $3‑4 M.

Attached files

Key dates

Bids closed
9/20/2019

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Transportation and Public Transit
NAICS
485410
Solicitation №
T13-1920

Contract value

$22,500,000

The resolution specifies a fee of $1,000 per mandated student and notes that the district serves roughly 22,500 such students. Multiplying these figures yields an estimated contract value of $22,500,000. No other cost components (e.g., administrative fees, overhead, or performance incentives) are described, so the $22.5 M figure represents the baseline contract value. Potential savings of $3‑4 M are projected for the district, indicating that the net cost after savings could be around $18‑19.5 M, but the contractual obligation remains the $22.5 M fee before any savings are realized.

AI estimate from the award documents

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