SEA Extends Alco Parking Agreement for Lot Green 21
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Description
The Sports & Exhibition Authority extended its operating agreement with Alco Parking Corporation for Lot Green 21 on the North Shore through December 31, 2030, maintaining a management fee of 3.5% of net operating income. The action also ratifies ALCO’s operation of the lot since January 1, 2026.
Contract Details
Contract Amount
Management fee of 3.5% of net operating income
Vendor
ALCO PARKING CORPORATION
Agency
Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA
Contract Type
FACILITIES
Document Date
April 9, 2026
Contract Term
Through December 31, 2030
Renewal Date
2030-12-31
Renewal Info
Fifth Amendment extends the existing operating agreement through December 31, 2030 with unchanged terms, including a 3.5% of net operating income management fee; management fee must be agreed every five years per consent decree.
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Issuing Agency
Special District
Pittsburgh, PA
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