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Committee forwards six‑month MTA security contract extension with amended cost
Summary
The committee approved sending a six‑month extension of the MTA's King Security Services contract to the Board, with the not‑to‑exceed amount reduced from $14,000,000 to $13,600,000; budget analysts recommended limiting the rate increase to 5% instead of the contractor's 10% request.
The Government Audit and Oversight Committee voted to forward to the full Board a six‑month extension of the Municipal Transportation Agency's security services contract with King Security Services, approving an amended 'not to exceed' amount of $13,600,000 and leaving further rate negotiations for the Board.
Judson True of the Municipal Transportation Agency told the committee that the three‑year contract award…
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