A concessions contract for the largest revenue producer for Atlanta’s airport is up for grabs even as the city auditor has just delivered a critical report on the effectiveness of the current management firm and its city contract.
The parking contract for Atlanta’s airport represents ¼ of the airport’s annual revenue. Parking fees alone bring in $117 million in revenue for fiscal year 2013, according to city Auditor Leslie Ward.
Parking is big business all across the country. The company that now handles the parking decks at Atlanta’s airport, SP Plus Corp., is based in Chicago, has more than 25,000 employees, and manages parking at facilities in the U.S., Canada and Puerto Rico, according to the annual report it filed with the federal Securities and Exchange Commission.