ALCO Parking Corporation Awarded Parking Operations Contract
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Description
Board approved a three-year management agreement with ALCO Parking Corporation for operation of Lower Hill District surface lots, fee based on 2.25% of net revenue. Options to extend up to two more years.
Contract Details
Contract Amount
Management fee of 2.25% of net revenue
Vendor
ALCO PARKING CORPORATION
Agency
Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA
Contract Type
FACILITIES
Document Date
June 18, 2026
Contract Term
August 1, 2026 – July 31, 2029, with up to two additional one-year extensions
Renewal Date
2031-07-31
Renewal Info
Owner option to extend agreement for up to two additional one-year terms after July 31, 2029.
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Issuing Agency
Special District
Pittsburgh, PA
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