Title
Consider a memorandum/resolution awarding RFP 26-01, Parking Lot Management for Killeen Regional Airport to Premium Parking Service, LLC, for a Parking Lot Operator Service Agreement.
Body
DATE: November 4, 2025
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: Parking Lot Operator Service Agreement - RFP No. 26-01
BACKGROUND AND FINDINGS:
The City of Killeen, Aviation Department, is pursuing a contract with a parking lot management company to oversee day-to-day operations at the Killeen Regional Airport. The current Parking Lot Operator agreement expires in November 2025, prompting the Airport to request proposals from other companies.
Request for Proposals (RFP) No. 26-01 was advertised on July 14, 2025, and proposals were received on September 4, 2025. The submissions included qualifying proposals from the following companies: CR EasePark Hospitality; Donnell & Company, LLC; Parking Company of America; Premium Parking Service, LLC; Republic Parking; and SP Plus, LLC.
Following a thorough assessment of all submissions, Staff determined that Premium Parking Service, LLC, best meets the airport’s operational needs and offers the best value for the City of Killeen and the Aviation Department.
Staff has negotiated a service agreement with Premium Parking Service LLC. The term of the agreement will begin on December 1, 2025, and end on November 30, 2030, with up to two (2) additional twelve (12) month renewal option terms.
The selection of this company and the proposed agreement are expected to generate approximately $392,576 in annual revenue, while also modernizing the parking facility at Killeen Regional Airport with innovative gateless and ticketless operations. This new technology will streamline the parking process, reduce wait times, and offer passengers a faster, more convenient, and user-friendly experience.
THE ALTERNATIVES CONSIDERED:
N/A
Which alternative is recommended? Why?
N/A
CONFORMITY TO CITY POLICY:
This item conforms to local and state policies.
FINANCIAL IMPACT:
What is the amount of the revenue/expenditure in the current fiscal year? For future years?
This agreement is projected to generate approximately $392,576.00 in annual revenue for the Airport Enterprise Fund.
Is this a one-time or recurring revenue/expenditure?
This is a recurring revenue.
Is this revenue/expenditure budgeted?
Yes, in account no. 525-44242-600-601-000000.
If not, where will the money come from?
N/A
Is there a sufficient amount in the budgeted line-item for this revenue/expenditure?
Yes
RECOMMENDATION:
Staff recommends City Council award RFP 26-01, Parking Lot Management for Killeen Regional Airport to Premium Parking Service, LLC. for a Parking Lot Operator Service Agreement and authorize the City Manager, or designee, to execute same as well as all amendments, to the extent allowed by state and local law.
DEPARTMENTAL CLEARANCES:
Purchasing
Finance
Legal
ATTACHED SUPPORTING DOCUMENTS:
Agreement
Certificate of Interested Parties
Presentation