CONTRACTRATIFIED

IPS Group to Provide Parking Tech Under 5-Year Lease

Laredo Airport Advisory Board
Disclosed value
$75,000.00 annually (total $750,000.00 for 10 years)
From minutes
Document date
Mar 17, 2025
Renews
Free account

The 30-second brief

What it covers

Council ratified a five-year, $75,000-per-year contract with IPS Group, Inc. for parking technology and related services, with possible renewals up to ten years.

Who holds it

Ips Group Inc holds this technology contract with Laredo Airport Advisory Board. Its other public contracts on record include work for City of Sandpoint and City of Pacific Grove.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Laredo Airport Advisory Board contract.

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Contract details

Contract type
Technology
Amount
$75,000.00 annually (total $750,000.00 for 10 years)
Document date
March 17, 2025
Term
November 15, 2023 – November 14, 2028 (5 years, with 5 optional one-year renewals)
Renews
Free account
Source document
city_of_laredo_city_council_minutes_march_17_2025.pdf (Minutes)

Ips Group Inc's other public contracts

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Questions about this contract

Who was awarded the technology contract by Laredo Airport Advisory Board?

Ips Group Inc was awarded this technology contract by Laredo Airport Advisory Board, as recorded on March 17, 2025. The contract value is $75,000.00 annually (total $750,000.00 for 10 years).

How much is the Ips Group Inc contract with Laredo Airport Advisory Board worth?

The Ips Group Inc contract with Laredo Airport Advisory Board is valued at $75,000.00 annually (total $750,000.00 for 10 years), covering technology work.

What type of contract is this?

This is a Technology contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city_of_laredo_city_council_minutes_march_17_2025.pdf (Minutes), dated March 17, 2025 from Laredo Airport Advisory Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ips Group Inc hold?

Ips Group Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Laredo Airport Advisory Board currently buying?

Explore Laredo Airport Advisory Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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