New Orleans Regional Transit Authority Finance Committee Meeting Minutes August 2025
RTA Extends LabMar Ferry Operations Contract
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Description
The New Orleans RTA Finance Committee unanimously approved an extension of the LabMar ferry operations contract, originally issued in 2020 as a five-year agreement with renewal options. Management plans to rebid the ferry services contract in 2026.
Contract Details
Vendor
LABMAR
Agency
Regional Transit Authority, LA
Contract Type
TRANSPORTATION
Document Date
August 14, 2025
Contract Term
5-year base contract issued in 2020 with two 1-year renewal options; extension approved in 2025
Renewal Date
2027-12-31
Renewal Info
Original contract issued in 2020 for 5 years with two 1-year renewal options; current action approves an extension with a new competitive procurement planned for 2026.
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