COMMISSION AGENDA MEMORANDUM ACTION ITEM Item No. Date of Meeting 8d April 28, 2026 DATE: April 6, 2026 TO: Stephen P. Metruck, Executive Director FROM: Krista Sadler, Director, Information & Communications Technology SUBJECT: SEA Parking Revenue Control System Contract Authorization Contract Authorization Value: $9,000,000 ACTION REQUESTED Request Commission authorization for the Executive Director to execute a contract with T2 Systems for Parking Revenue Control System licensing, credit card transaction fees, equipment, and managed services for up to ten years. Authorization for this contract will not exceed $9,000,000 over the ten-year period. There is no funding request associated with this authorization. SUMMARY SEA competitively procured the current Parking Revenue Control system in 2016. This system is critical for managing a public parking garage that processes, per year, over 2 million paid parking transactions and collects over $126,000,000 in parking revenue. The system also supports the Employee Parking, Passport Parking, and complimentary parking programs that includes over 16,000 parking cards and another $20,000,000 in revenue collected per year. This request, to authorize a contract renewal for up to ten years, will include licensing, credit card transaction fees, equipment refresh, spare parts, and managed services. The authorization amount also includes some flexibility to expand as other parking opportunities are identified. While there are no current plans for a system replacement, the contract terms will include option years for full flexibility should Aviation consider a new system within the next ten years. As with any major system, Aviation and Information and Communication Technology (ICT) will evaluate the continued use of the system as business requirements change and new products are introduced. This authorization will approve a contract with T2 Systems for up to ten years and an amount not to exceed $9,000,000. Annual costs will be included in Aviation Operating Budgets. There are no attachments to this memo. Template revised April 12, 2018.