City Ratifies IPS Group Parking Technology Contract
Laredo Urban Transportation StudyMPO · Laredo, TX- Disclosed value
- Annual amount not to exceed $75,000.00; total contract value $750,000.00
- From agenda
- Document date
- Mar 17, 2025
- Renews
- Free account
The 30-second brief
The City of Laredo ratified a five-year service lease program contract with sole source provider IPS Group, Inc. for parking technology and related services, capping annual costs at $75,000.00 and total value at $750,000.00 through November 14, 2028. The agreement includes options for up to five additional one-year renewals.
Ips Group Inc holds this technology contract with Laredo Urban Transportation Study. Its other public contracts on record include work for City of Sandpoint and City of Pacific Grove.
The renewal date is on record. A free account shows it, with the renewals for every Laredo Urban Transportation Study contract.
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Contract details
- Contract type
- Technology
- Amount
- Annual amount not to exceed $75,000.00; total contract value $750,000.00
- Document date
- March 17, 2025
- Term
- Initial five-year term from November 15, 2023 through November 14, 2028 with option to renew five additional one-year increments (total ten years)
- Renews
- Free account
- Vendor
- Ips Group Inc
- Source document
- City of Laredo Regular Meeting Agenda 2025-03-17 (Agenda)
Ips Group Inc's other public contracts
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Questions about this contract
Who was awarded the technology contract by Laredo Urban Transportation Study?
Ips Group Inc was awarded this technology contract by Laredo Urban Transportation Study, as recorded on March 17, 2025. The contract value is Annual amount not to exceed $75,000.00; total contract value $750,000.00.
How much is the Ips Group Inc contract with Laredo Urban Transportation Study worth?
The Ips Group Inc contract with Laredo Urban Transportation Study is valued at Annual amount not to exceed $75,000.00; total contract value $750,000.00, covering technology work.
What type of contract is this?
This is a Technology 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 Laredo Regular Meeting Agenda 2025-03-17 (Agenda), dated March 17, 2025 from Laredo Urban Transportation Study. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ips Group Inc hold?
Ips Group Inc 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 Laredo Urban Transportation Study currently buying?
Explore Laredo Urban Transportation Study's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.