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Metropolitan Nashville Airport Authority Finance Committee AgendaPacket May 2026

ACE Parking Wins BNA Public Parking & Valet Contract

Year 1 management fee $2,062,911; Year 2 $2,130,542; Year 3 $2,209,005; Year 4 $2,271,116; Year 5 $2,354,609; plus reimbursable operating expenses up to MNAA‑approved annual budgetMetropolitan Nashville Airport AuthorityACE PARKING MANAGEMENT INCMay 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

MNAA has selected ACE Parking Management Inc for a five‑year, multi‑million‑dollar contract to manage public parking and valet services at BNA starting July 1, 2026. The agreement includes escalating management fees, reimbursable expenses, performance penalties, and a strong focus on customer service, data reporting, and innovation.

Contract Details

Contract Amount

Year 1 management fee $2,062,911; Year 2 $2,130,542; Year 3 $2,209,005; Year 4 $2,271,116; Year 5 $2,354,609; plus reimbursable operating expenses up to MNAA‑approved annual budget

Vendor

ACE PARKING MANAGEMENT INC

Agency

Metropolitan Nashville Airport Authority, TN

Contract Type

TRANSPORTATION

Document Date

May 13, 2026

Contract Term

Five-year term from July 1, 2026 to June 30, 2031, with no renewal option

Renewal Date

2031-06-30

Renewal Info

The agreement specifies a fixed five‑year term with no renewal options; future parking operations contracts would require a new procurement after June 30, 2031.

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Metropolitan Nashville Airport Authority Joint Meeting Agenda Packet May 2026

PENDING
Metropolitan Nashville Airport Authority (Tennessee)Year 1: $2,062,911; Year 2: $2,130,542; Year 3: $2,209,005; Year 4: $2,271,116; Year 5: $2,354,609 (management fees only; plus reimbursable operating expenses)May 19, 2026

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RECOMMENDED
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RECOMMENDED
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