Alco Parking operating agreement for Lot Green 21 extended
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Description
The Board will extend the operating agreement with Alco Parking Corporation for Lot Green 21 through December 31, 2030, maintaining a 3.5% management fee on net operating income. The action also ratifies Alco's continued operation of the lot since January 1, 2026.
Contract Details
Contract Amount
Management fee of 3.5% of net operating income
Vendor
ALCO PARKING CORPORATION
Agency
Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA
Contract Type
FACILITIES
Document Date
April 9, 2026
Contract Term
Through December 31, 2030
Renewal Date
2030-12-31
Renewal Info
Extension of operating agreement through December 31, 2030 under existing terms; Fifth Amendment ratifies operations from January 1, 2026 until execution.
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Issuing Agency
Special District
Pittsburgh, PA
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