Transit Advertising Revenue Contract to Lamar Transit
City of PhoenixCity · Phoenix, AZ- Disclosed value
- Minimum Annual Guarantee $1.9 million (transit furniture) and $1.4 million (bus) annually; 69.25% of net sales revenue share
- From agenda
- Document date
- Feb 16, 2022
- Term
- July 1, 2022 – June 30, 2027 (5 years)
- Renews
- Free account
The 30-second brief
The Public Transit Department seeks City Council approval to enter into a five‑year revenue contract with Lamar Transit, LLC to provide bus and transit street furniture advertising. The agreement guarantees minimum annual revenues of $1.9 million for furniture and $1.4 million for buses, or 69.25 percent of net sales, whichever is higher, with Lamar covering all advertising costs.
Lamar Transit LLC holds this contract with City of Phoenix. Its other public contracts on record include work for Sno Isle Regional Library and Yolo County Transporation District.
The renewal date is on record. A free account shows it, with the renewals for every City of Phoenix contract.
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Contract details
- Amount
- Minimum Annual Guarantee $1.9 million (transit furniture) and $1.4 million (bus) annually; 69.25% of net sales revenue share
- Document date
- February 16, 2022
- Term
- July 1, 2022 – June 30, 2027 (5 years)
- Renews
- Free account
- Vendor
- Lamar Transit LLC
- Agency
- City of Phoenix
- Source document
- City of Phoenix Transportation, Infrastructure, and Planning Subcommittee Agenda 2022-02-16 (Agenda)
Lamar Transit LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Phoenix?
Lamar Transit LLC was awarded this government contract by City of Phoenix, as recorded on February 16, 2022. The contract value is Minimum Annual Guarantee $1.9 million (transit furniture) and $1.4 million (bus) annually; 69.25% of net sales revenue share.
How much is the Lamar Transit LLC contract with City of Phoenix worth?
The Lamar Transit LLC contract with City of Phoenix is valued at Minimum Annual Guarantee $1.9 million (transit furniture) and $1.4 million (bus) annually; 69.25% of net sales revenue share.
What type of contract is this?
This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Phoenix Transportation, Infrastructure, and Planning Subcommittee Agenda 2022-02-16 (Agenda), dated February 16, 2022 from City of Phoenix. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lamar Transit LLC hold?
Lamar Transit LLC 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 City of Phoenix currently buying?
Explore City of Phoenix's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.