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Budget Committee moves Serco parking contract to full Board after trimming proposed three‑year extension to one year
Summary
The Budget and Finance Committee advanced a resolution that would extend Serco’s parking meter contract but amended the sponsor’s request to limit the extension to one year and asked MTA to return with a signed one‑year agreement for Board consideration.
The San Francisco Board of Supervisors Budget and Finance Committee on an initial hearing moved a proposed contract amendment with CIRCO Management System Incorporated (doing business as Serco) to the full Board after amending the sponsor’s request to shorten a proposed three‑year extension to one year.
Chair Chris Dailey opened the discussion after the clerk read Item 1, a resolution to approve a fourth amendment to Serco’s five‑year contract that would extend the agreement by three years and raise the not‑to‑exceed amount from $50,000,000 to $61,000,000. Sponsor remarks noted the item was before the committee to give the public an opportunity to air concerns and that the sponsor was not fully comfortable with the three‑year term. “I will be suggesting a lot less than 3 years,” the sponsor said, urging the committee to press MTA for a faster process.
Justin True (MTA), presenting for the Municipal Transportation Agency, said the…
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