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<br />Contract Award for Municipal <br />Parking Garage Operator <br />December 3, 2007 <br />Page 2 <br /> <br />Below are the evaluation results of the proposals as well as their fee <br />proposals and projected net revenues: <br /> <br /> Projected <br />Company Net Revenue AnnualFee Staff Rating <br />Ace Parking, Inc. $160,413* $13,000* 76.96 <br />Ampco Parking Systems $372,398 $24,000 73.76 <br />Central Parking Systems $190,863 $24,000 75.52 <br />Five Star Parking $292,645 $0 77.16 <br />Modern Parking, Inc. $362,301 $28,800 68.60 <br />Network Parking -$18,526 $48,000 63.44 <br />Parking Company of America $** $28,800 60.80 <br />Parking Concepts, Inc. $421,937 $28,800 78.08 <br /> <br />*Ace Parking, Inc. submitted a progressive fee proposal where the cost is <br />zero for the first six months. The amount shown above is a yearly <br />average of the total cost over three years. In addition, Ace Parking, <br />Inc. submitted three budgetary proposal options based on whether (1) <br />labor would be at the same wage and benefit rates currently paid; (2) at <br />minimum wage rates; and (3) wages and benefits under a collective <br />bargaining agreement. The projected net revenue shown above takes into <br />account option 3, wages and benefits under a collective bargaining <br />agreement. <br /> <br />**Parking Company of America did not submit a projected gross revenue <br />proposal; therefore, the projected net revenue could not be determined. <br /> <br />Currently Parking Concepts, Inc. is the management company for the County <br />of Orange parking facilities in the civic center area. Staff evaluated <br />the benefits of having the same management company, which would afford <br />opportunities for coordination in parking policies and procedures. <br /> <br />A requirement of the proposal was to submit a management plan, which was <br />to include a pro forma statement for calendar year 2008. Parking <br />Concepts, Inc. proposed the highest net revenue; and even though the net <br />revenue is a projected amount, staff determined that reaching this level <br />was attainable given their costs and estimated revenue. <br /> <br />25C-2 <br /> <br />