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  5. ›RFP 2019-05 Mobile Alabama Cruise Terminal Parking…

Awarded contract·City of Mobile·Alabama

RFP 2019-05 Mobile Alabama Cruise Terminal Parking Management

Won by Premium Parking$4MAwarded 11/1/2019Single Award
Contract source

Awarded vendors

  • Premium Parking

Description

The City of Mobile solicited a single‑source vendor to provide an end‑to‑end parking‑management solution for the Mobile Alabama Cruise Terminal, including a prepaid reservation web portal, commercial‑vehicle fee collection, and on‑site attendant services. The contract establishes a fixed monthly operating fee, equipment lease fees, transaction fees, and optional renewal periods, with the vendor responsible for collecting all customer payments, providing detailed monthly reporting, and maintaining equipment and staffing on cruise days. • Scope covers online reservation/POS system, commercial‑vehicle access‑fee collection, and attendant staffing (with TWIC certification). • Financial model includes a $4,208/mo fixed operating fee (initial term), equipment lease $1,650/mo, $5 per customer transaction, $50 per citation, and separate commercial‑vehicle fees. • Contract term runs Dec 1 2019 – Nov 30 2020, with up to two one‑year renewal options, and the City retains right to terminate with 60‑day notice.

Attached files

Key dates

Bids closed
10/22/2019
Intent to award
11/1/2019
Awarded
11/1/2019
Starts
12/1/2019
Ends
11/30/2020Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Transportation and Public Transit
NAICS
81293
Solicitation №
RFP 2019-05

Contract value

$4,000,000

The prior operator generated roughly $3.66 million in parking revenue over the 12‑month period ending Sep 2019. Adding the City’s fixed monthly operating fees ($4,208 × 12 ≈ $50,500) and equipment lease ($1,650 × 12 ≈ $19,800) plus transaction and enforcement fees suggests the annual cash flow to the vendor is in the $4–5 million range. Accounting for the City’s share of net revenue and typical profit margins, the contract’s total value to the City is likely between $3.5 million and $4 million for the initial year.

AI estimate from the award documents

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