ALCO Parking Secures Lower Hill Parking Contract
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Description
ALCO Parking Corporation was awarded a three-year agreement to manage Lower Hill District surface parking lots, with a management fee of 2.25% of net revenue and options to extend the contract.
Contract Details
Contract Amount
Management fee of 2.25% of net revenue
Vendor
ALCO PARKING CORPORATION
Agency
Sports And Exhibition Authority Of Pittsburgh And Allegheny Co, PA
Contract Type
FACILITIES
Document Date
June 18, 2026
Contract Term
August 1, 2026 – July 31, 2029, with up to two one-year options
Renewal Date
2031-07-31
Renewal Info
SEA has owner options to extend the agreement for up to two (2) additional one-year terms.
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Issuing Agency
Special District
Pittsburgh, PA
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