Town of Carolina Beach Awards Transportation Contract to Pivot Parking (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$1,850/month; 8.5% variable fee on revenues above $3,237,500; new capital costs estimated at approximately $70,000 funded by vendor

Contract type

TRANSPORTATION

Contract term

Additional 3 years; existing agreement had two automatic two-year renewal options and 90-day termination notice

Renewal date

2029-08-25

Renewal

Renewal replaces the existing contract's two-year renewal option with an additional three-year term. The agreement retains a 90-day termination notice provision, and early termination requires repayment of the unamortized portion of Pivot's capital investment, prorated over the remaining term.

Document type

Minutes

Source document

Town of Carolina Beach Minutes Town Council Workshop 2026-08-25

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Wrightsville Beach Board of Alderman Agenda Regular Meeting September 8, 2026

PENDING

Town of Wrightsville Beach, North CarolinaSep 8, 2026

Town of Wrightsville Beach AgendaPacket Regular Meeting 2026-09-08

PENDING

Town of Wrightsville Beach, North CarolinaSep 8, 2026

Town of Carolina Beach AgendaPacket Town Council Regular Meeting 2026-09-08

APPROVED

Town of Carolina Beach, North Carolina$1,850/monthSep 8, 2026

Carolina Beach Agenda Town Council Workshop 2026-08-25

DISCUSSED

Town of Carolina Beach, North CarolinaAug 25, 2026

Carolina Beach AgendaPacket Town Council Workshop 2026-08-25

RENEWED

Town of Carolina Beach, North Carolina$1,850/month; 8.5% of gross revenue above threshold; $30,000 Pivot capital investment; $45,000–$50,000 Pivot capital investmentAug 25, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the transportation contract by Town of Carolina Beach?

Pivot Parking was awarded this transportation contract by Town of Carolina Beach, as recorded on August 25, 2026. The contract value is $1,850/month; 8.5% variable fee on revenues above $3,237,500; new capital costs estimated at approximately $70,000 funded by vendor.

How much is the Pivot Parking contract with Town of Carolina Beach worth?

The Pivot Parking contract with Town of Carolina Beach is valued at $1,850/month; 8.5% variable fee on revenues above $3,237,500; new capital costs estimated at approximately $70,000 funded by vendor, covering transportation work.

What type of contract is this?

This is a Transportation contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Carolina Beach Minutes Town Council Workshop 2026-08-25 (Minutes), dated August 25, 2026 from Town of Carolina Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pivot Parking hold?

Pivot Parking may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Carolina Beach currently buying?

Explore Town of Carolina Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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