Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Alabama guideAlabama Bids and Bidding Guide
  • Consulting Services RFPsConsulting Services Bids and Bidding Guide
More consulting services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Alabama
  4. ›Closed bids
  5. ›Parking Management Services

Awarded contract·City of Mobile·Alabama

Parking Management Services

Won by Republic Parking System, LLC$1.6MSingle Award
Contract source

Awarded vendors

  • Republic Parking System, LLC

Description

This contract awards Republic Parking System, LLC the responsibility for comprehensive parking‑management services for the City of Mobile’s downtown district. The vendor will assume full operational control of on‑street meters, enforcement staff, citation processing, revenue collection, equipment procurement, and related consulting functions for a five‑year term, with a possible two‑year extension. The city expects the vendor to meet performance thresholds (e.g., ≥ 90 % meter uptime, ≥ 80 % ticket‑collection rate) and to submit regular financial and operational reports. The compensation structure is a fixed management fee plus reimbursement for all documented expenses, making it a cost‑reimbursement arrangement. • Scope includes meter installation/maintenance, enforcement staffing, citation handling, revenue collection, and strategic parking‑program consulting. • Minimum qualifications require 5‑10 years of municipal parking experience, work for at least five municipalities, and proven ticket‑collection performance. • Deliverables: sealed bid package (original + 5 copies + electronic PDF), transition plan, 5‑year capital‑expenditure plan, and ongoing reporting.

Attached files

Key dates

Bids closed
3/15/2018
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
561210
Solicitation №
RFQ 2018-004

Contract value

$1,600,000

The RFQ does not disclose a fixed contract value. However, based on the city’s reported FY 2017 meter revenue ($418,730) and historical citation revenue (~$225,000), total annual parking‑related revenues are roughly $640,000. A typical municipal parking‑management fee might range from 10‑15 % of gross revenues, plus reimbursement of actual expenses. Assuming a 12 % management fee, the annual fee would be about $77,000. Adding reimbursable operating costs (staff, maintenance, equipment) could bring the total annual outlay to roughly $300,000‑$350,000. Over the base five‑year term, the contract value likely falls between $1.5 million and $1.8 million. Using a midpoint estimate, the contract is approximated at $1,600,000.

AI estimate from the award documents

Similar open opportunities

Matched by Bid Banana AI™

We’re still matching open opportunities to this contract — check back soon.