Hoover Dam Parking Services Contract Awarded to LAZ Parking for $841,930

Contract Overview

Contract Amount: $841,930 ($841.9K)

Contractor: LAZ Parking Ltd, LLC

Awarding Agency: Department of the Interior

Start Date: 2025-12-31

End Date: 2026-06-30

Contract Duration: 181 days

Daily Burn Rate: $4.7K/day

Competition Type: NOT COMPETED

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PARKING AND TICKETING SERVICES AT HOOVER DAM

Place of Performance

Location: BOULDER CITY, CLARK County, NEVADA, 89005

State: Nevada Government Spending

Plain-Language Summary

Department of the Interior obligated $841,930 to LAZ PARKING LTD, LLC for work described as: PARKING AND TICKETING SERVICES AT HOOVER DAM Key points: 1. Contract awarded to LAZ PARKING LTD, LLC for parking and ticketing services. 2. The contract value is $841,930 with an end date of June 30, 2026. 3. The service is categorized under NAICS code 812930 (Parking Lots and Garages). 4. The contract was not competed, raising potential concerns about price discovery. 5. The Bureau of Reclamation under the Department of the Interior is the awarding agency.

Value Assessment

Rating: questionable

The contract value of $841,930 for 181 days of service appears high without competitive bidding. Benchmarking against similar parking management contracts for federal facilities is difficult due to the lack of competition and specific service details.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source or limited competition award. This method bypasses the standard competitive process, potentially leading to higher costs and reduced value for taxpayers as price discovery mechanisms are not fully utilized.

Taxpayer Impact: The lack of competition may result in taxpayers paying more than necessary for these parking and ticketing services at Hoover Dam.

Public Impact

Visitors to Hoover Dam will utilize these parking and ticketing services. The contract ensures operational continuity for parking management at a major federal site. Potential for increased costs due to non-competitive award impacts public funds.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of competition
Potential for overpayment
Limited transparency in pricing

Positive Signals

Ensures essential service delivery
Fixed price contract provides cost certainty

Sector Analysis

The parking and ticketing services sector for federal facilities is diverse. While some contracts are highly competitive, others, particularly for unique locations or specialized needs, may face limited competition. Benchmarks for similar services vary widely based on location, size, and amenities.

Small Business Impact

There is no indication that small businesses were involved in this contract award. The contract was awarded to LAZ PARKING LTD, LLC, a large private entity, suggesting no specific provisions for small business participation were prioritized in this instance.

Oversight & Accountability

The non-competitive nature of this award warrants further oversight to ensure the price paid is fair and reasonable. Accountability for the decision to not compete the contract should be established by the Bureau of Reclamation.

Related Government Programs

Parking Lots and Garages
Department of the Interior Contracting
Bureau of Reclamation Programs

Risk Flags

Lack of competitive bidding
Potential for inflated pricing
Limited transparency in award process
No small business participation noted

Frequently Asked Questions

What is this federal contract paying for?

Department of the Interior awarded $841,930 to LAZ PARKING LTD, LLC. PARKING AND TICKETING SERVICES AT HOOVER DAM

Who is the contractor on this award?

The obligated recipient is LAZ PARKING LTD, LLC.

Which agency awarded this contract?

Awarding agency: Department of the Interior (Bureau of Reclamation).

What is the total obligated amount?

The obligated amount is $841,930.

What is the period of performance?

Start: 2025-12-31. End: 2026-06-30.

What is the justification for awarding this contract on a sole-source basis instead of through full and open competition?

The justification for a sole-source award typically involves unique capabilities, urgent needs, or a lack of available sources. Without further documentation from the Bureau of Reclamation, it is unclear why full and open competition was bypassed for these essential parking and ticketing services at Hoover Dam. This lack of transparency raises concerns about potential inefficiencies and higher costs.

How does the contract's price compare to industry benchmarks for similar parking management services, given the lack of competition?

Directly comparing the contract price of $841,930 to industry benchmarks is challenging due to the absence of competitive bidding. Sole-source contracts often lack the price discovery inherent in competitive processes. A thorough review by the agency would be needed to validate the fairness and reasonableness of the price against comparable services, considering the specific operational demands at Hoover Dam.

What measures are in place to ensure the effectiveness and efficiency of LAZ PARKING LTD, LLC's services throughout the contract period?

Effectiveness and efficiency are typically monitored through performance metrics outlined in the contract and regular oversight by the contracting officer's representative. For this contract, the Bureau of Reclamation should have established clear deliverables and quality standards. Periodic performance reviews and user feedback mechanisms are crucial to ensure the services meet the government's needs and taxpayer expectations.

Industry Classification

NAICS: Other Services (except Public Administration) › Other Personal Services › Parking Lots and Garages

Product/Service Code: OPERATION OF GOVT OWNED FACILITY › OPERATE GOVT OWNED BUILDINGS

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Solicitation ID: 140R3026R0005

Offers Received: 1

Pricing Type: FIRM FIXED PRICE (J)

Evaluated Preference: NONE

Contractor Details

Address: 1 FINANCIAL PLZ, HARTFORD, CT, 06103

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $2,020,632

Exercised Options: $1,010,316

Current Obligation: $841,930

Actual Outlays: $168,386

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Cost or Pricing Data: NO

Timeline