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Subcommittee moves SFO parking-management contract with New South Parking forward
Summary
The Budget & Finance Subcommittee advanced a five-year parking management contract with New South Parking to operate SFO's 11 parking facilities; the airport and budget analyst cited a five-year not-to-exceed total near $96 million and reported historical net parking revenue in FY2010-11.
SAN FRANCISCO — The Budget and Finance Subcommittee on Monday advanced a five-year contract that would continue private management of parking operations at San Francisco International Airport.
Kathy Weidner, a San Francisco Airport representative, told the committee the contract would provide "management and operational services for both public and employee parking facilities at the airport," including collections, maintenance, janitorial work and security for the airport's 11 parking facilities. "The contract before you is the result of a competitive request for proposals process," Weidner said, adding New South Parking was selected as the top-scoring respondent.
The airport described the agreement as a five-year, not-to-exceed contract for staffing and management services. In her presentation, Weidner cited a not-to-exceed figure of about $96,000,000 for the full five-year term. The subcommittee's budget analyst, Mr. Rose, reported a near-identical figure in the department's written analysis: $95,969,009.83. The budget office said the contractor is the existing vendor and noted that in fiscal year 2010-11 the contractor collected about $81,000,000 in parking revenues; after deducting costs of roughly $17,200,000, the airport reported net revenues of $63,850,087.
No members of the public spoke on the item. After questions and the budget analyst's report, Chair Carmen Chu asked for a motion and the committee moved the item forward with a recommendation to the full Board of Supervisors "without objection."
What happens next
The item will appear on the Board of Supervisors agenda (the clerk noted items acted on at this meeting would appear on the 04/17/2012 Board agenda). The committee record shows the item was forwarded with a recommendation; no roll-call vote was recorded in the public discussion.
Clarifying details: the airport presented a five-year maximum cost around $96 million; the budget analyst reported the same contract would be provided by the current contractor and cited FY2010-11 gross parking revenues of about $81 million and net airport revenues of about $63.85 million.
