Proposed Smarte Carte Baggage Cart Agreement at Logan
Massachusetts Port Authority (Massport)Airport Authority · MA- Disclosed value
- Minimum Annual Guarantee $400K; Projected Revenue $2.4M; Cart rental fee $7/cart (years 1-2), $8/cart (years 3-5)
- From agenda
- Document date
- Nov 21, 2024
- Renews
- Free account
The 30-second brief
Massport is considering a new 5-year agreement with Smarte Carte for baggage cart rental at Boston Logan, providing a $400K minimum annual guarantee and a projected $2.4M in revenue. The contract includes a percentage fee and per-cart charges increasing in years 3-5.
Smarte Carte holds this equipment contract with Massachusetts Port Authority (Massport). Its other public contracts on record include work for City of Evan and Wichita Housing Authority.
The renewal date is on record. A free account shows it, with the renewals for every Massachusetts Port Authority (Massport) contract.
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Contract details
- Contract type
- Equipment
- Amount
- Minimum Annual Guarantee $400K; Projected Revenue $2.4M; Cart rental fee $7/cart (years 1-2), $8/cart (years 3-5)
- Document date
- November 21, 2024
- Term
- February 1, 2025 – January 31, 2030 (5-year term)
- Renews
- Free account
- Vendor
- Smarte Carte
- Source document
- massachusetts-port-authority-board-meeting-agenda-november-21-2024_713.pdf (Agenda)
Smarte Carte's other public contracts
More Massachusetts Port Authority (Massport) contracts
Questions about this contract
Who was awarded the equipment contract by Massachusetts Port Authority (Massport)?
Smarte Carte was awarded this equipment contract by Massachusetts Port Authority (Massport), as recorded on November 21, 2024. The contract value is Minimum Annual Guarantee $400K; Projected Revenue $2.4M; Cart rental fee $7/cart (years 1-2), $8/cart (years 3-5).
How much is the Smarte Carte contract with Massachusetts Port Authority (Massport) worth?
The Smarte Carte contract with Massachusetts Port Authority (Massport) is valued at Minimum Annual Guarantee $400K; Projected Revenue $2.4M; Cart rental fee $7/cart (years 1-2), $8/cart (years 3-5), covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in massachusetts-port-authority-board-meeting-agenda-november-21-2024_713.pdf (Agenda), dated November 21, 2024 from Massachusetts Port Authority (Massport). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Smarte Carte hold?
Smarte Carte 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 Massachusetts Port Authority (Massport) currently buying?
Explore Massachusetts Port Authority (Massport)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.