RTA Approves Extension of LabMar Ferry Contract
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Description
The New Orleans Regional Transit Authority Finance Committee unanimously approved an extension of the LabMar ferry operations contract, originally awarded in 2020 for five years with two one-year renewal options. The extension maintains ferry service through the current option period, with the CEO indicating the contract will be rebid in 2026.
Contract Details
Vendor
LABMAR
Agency
Regional Transit Authority, LA
Contract Type
TRANSPORTATION
Document Date
September 11, 2025
Contract Term
Original 5-year contract issued in 2020 with option of two one-year renewals; current action extends contract under renewal options
Renewal Date
2026-12-31
Renewal Info
Original 2020 ferry contract for five years included two optional one-year renewals; current action exercises an extension, and the CEO indicated the service will be rebid in 2026 rather than extended further.
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