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Niagara Frontier Transportation Authority Audit, Governance and Finance Committee Agenda Packet 2026-06-25

Revenue Audit Underway for NFTA–Turo Car Sharing Contract

Monthly fees equal to 10% of gross revenue on each airport exchangeNiagara Frontier Transportation AuthorityTURO INCJune 25, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The NFTA maintains a revenue-sharing contract with Turo, Inc. to operate a peer-to-peer vehicle sharing program at BNIA and NFIA, under which the Authority receives 10% of gross revenue per airport exchange. Internal Audit is reviewing reported revenues to ensure compliance with contract terms.

Contract Details

Contract Amount

Monthly fees equal to 10% of gross revenue on each airport exchange

Vendor

TURO INC

Agency

Niagara Frontier Transportation Authority, NY

Contract Type

OTHER

Document Date

June 25, 2026

Renewal Info

Ongoing concession-style agreement; specific expiration or renewal terms not provided.

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