ALCO Parking Corporation Selected for Parking Lot Management
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Description
ALCO Parking Corporation was awarded a three-year agreement, beginning August 1, 2026, for management of Lower Hill District parking lots, with a 2.25% management fee and extension options.
Contract Details
Contract Amount
Management fee: 2.25% of net revenue
Vendor
ALCO PARKING CORPORATION
Agency
Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 18, 2026
Contract Term
August 1, 2026 – July 31, 2029, with two one-year extension options
Renewal Date
2031-07-31
Renewal Info
Owner options for up to two one-year term extensions following the initial three-year term.
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Issuing Agency
Special District
Pittsburgh, PA
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