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Committee forwards proposed $50.8 million SFMTA parking‑meter contract to full Board
Summary
The committee recommended that the full Board approve a 10‑year parking meter coin and data collection services agreement with LAZ Parking California, LLC valued at about $50.8 million, noting a 9.5% increase over the prior 10‑year contract and discussion about declining coin volumes, prevailing‑wage coverage and equity for cash payers.
The Government Audit & Oversight Committee on June 16 voted to send a resolution to the full Board authorizing SFMTA to execute a 10‑year contract for parking meter coin collection and parking data collection services with LAZ Parking California, LLC with a not‑to‑exceed amount of roughly $50.8 million.
Alexis Sukenka, SFMTA project manager, described the agreement as a 10‑year contract (five base years with a five‑year option) with a total…
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