The Department of Transportation has asked for companies to submit Statements of Qualification if they are interested in managing and operating the city’s parking meters.
Companies will have to run a designated number of parking spaces to be considered and have $100 million in collateral. There are about 80,800 on-street parking spaces up for grabs.
Based on the responses from businesses, a decision will be made as to whether or not the project will take foot.
A spokeswoman for the mayor’s office said that the city would keep control of meter rates and violation enforcement, according to Voz Iz Neias.
Statements are due July 31.