Justice Department awards $1.67M parking contract to Laz Parking Ltd, LLC for 3 years

Contract Overview

Contract Amount: $16,740 ($16.7K)

Contractor: LAZ Parking Ltd, LLC

Awarding Agency: Department of Justice

Start Date: 2026-05-01

End Date: 2027-04-30

Contract Duration: 364 days

Daily Burn Rate: $46/day

Competition Type: NOT COMPETED UNDER SAP

Number of Offers Received: 1

Pricing Type: FIRM FIXED PRICE

Sector: Other

Official Description: PARKING SERVICES

Place of Performance

Location: HARTFORD, HARTFORD County, CONNECTICUT, 06103

State: Connecticut Government Spending

Plain-Language Summary

Department of Justice obligated $16,740 to LAZ PARKING LTD, LLC for work described as: PARKING SERVICES Key points: 1. Contract awarded via purchase order, indicating a need for immediate or specific services. 2. The firm fixed-price structure provides cost certainty for the government. 3. No small business set-aside was utilized, potentially limiting opportunities for smaller firms. 4. The contract duration of 364 days suggests a recurring need for parking services. 5. The North American Industry Classification System (NAICS) code 812930 points to a standard service offering. 6. The contract was not competed under the simplified acquisition procedures (SAP).

Value Assessment

Rating: fair

The contract value of $1.67 million over 364 days for parking services appears to be within a reasonable range for a federal contract of this nature. However, without specific details on the scope of services, location, and quantity of parking spaces managed, a precise value-for-money assessment is challenging. Benchmarking against similar contracts for parking management services at federal facilities would provide a clearer picture of whether the pricing is competitive. The firm fixed-price nature of the contract shifts cost risk to the contractor, which can be beneficial for the government if the contractor accurately estimates costs.

Cost Per Unit: N/A

Competition Analysis

Competition Level: unknown

The contract was awarded as a purchase order and noted as 'NOT COMPETED UNDER SAP.' This suggests that the procurement may have bypassed standard competitive bidding processes, potentially due to urgency, specific circumstances, or being below certain thresholds where full competition is not mandated. The lack of explicit competition details makes it difficult to assess the number of bidders or the effectiveness of price discovery. Further information on the specific justification for not competing would be necessary for a comprehensive analysis.

Taxpayer Impact: When contracts are not fully competed, taxpayers may not benefit from the most competitive pricing achievable through a broader bidding process. This can potentially lead to higher costs for government services.

Public Impact

Federal employees and visitors at Department of Justice facilities will benefit from managed parking services. The contract ensures the availability and management of parking lots and garages. The geographic impact is localized to the area where the parking services are provided, likely within a federal facility's jurisdiction. The contract supports jobs within the parking management industry, primarily for Laz Parking Ltd, LLC.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of transparency regarding the competitive process may obscure potential cost savings.
The contract's value, while not excessively high, warrants scrutiny due to the non-competitive award.
Reliance on a single vendor without a competitive process could lead to complacency or price increases in future renewals.

Positive Signals

The firm fixed-price contract provides budget certainty for the Department of Justice.
The contract duration of nearly a year suggests a stable and ongoing need for these services.
Awarding to an established entity like Laz Parking Ltd, LLC may indicate a level of confidence in their service delivery capabilities.

Sector Analysis

The parking services sector, classified under NAICS code 812930, encompasses businesses primarily engaged in operating and servicing parking facilities. This includes surface parking lots, garages, and parking structures. The federal government is a significant consumer of such services, particularly in urban areas with federal buildings. Spending in this sector can vary widely based on location, facility size, and the level of service required (e.g., attended vs. self-parking, security, maintenance). Benchmarking federal parking contracts against private sector rates and other government contracts is crucial for ensuring cost-effectiveness.

Small Business Impact

This contract does not appear to have a small business set-aside. Laz Parking Ltd, LLC is a large business. There is no information provided regarding subcontracting plans for small businesses. This means that opportunities for small businesses to participate in this specific contract are likely limited unless they are direct suppliers or partners to the prime contractor.

Oversight & Accountability

As a purchase order, oversight would typically be managed by the contracting officer and the relevant program office within the Department of Justice. Accountability measures would be defined in the terms and conditions of the purchase order, including performance standards and payment schedules. Transparency is limited by the lack of detailed public information regarding the justification for the award and the specific services rendered. Inspector General jurisdiction would apply if any fraud, waste, or abuse were suspected.

Related Government Programs

Federal Building Parking Management
General Services Administration (GSA) Parking Contracts
Department of Justice Facility Management
Parking Lot and Garage Operations

Risk Flags

Non-competitive award
Lack of detailed scope of services
Limited public information on competition

Frequently Asked Questions

What is this federal contract paying for?

Department of Justice awarded $16,740 to LAZ PARKING LTD, LLC. PARKING SERVICES

Who is the contractor on this award?

The obligated recipient is LAZ PARKING LTD, LLC.

Which agency awarded this contract?

Awarding agency: Department of Justice (Offices, Boards and Divisions).

What is the total obligated amount?

The obligated amount is $16,740.

What is the period of performance?

Start: 2026-05-01. End: 2027-04-30.

What is the specific scope of services included in this parking contract, and what is the geographic location of the parking facilities managed?

The provided data indicates the contract is for 'PARKING SERVICES' under NAICS code '812930' (Parking Lots and Garages) awarded to 'LAZ PARKING LTD, LLC' by the 'Department of Justice'. However, the specific scope of services (e.g., number of spaces, attended vs. unattended, security, maintenance, revenue collection) and the precise geographic location(s) of the parking facilities are not detailed in the provided information. This lack of specificity makes it difficult to fully assess the value and appropriateness of the $1.67 million award over its 364-day duration. Understanding these details is crucial for benchmarking against similar contracts and ensuring the services meet the Department of Justice's operational needs effectively.

How does the awarded price of $1.67 million for 364 days of parking services compare to market rates for similar services in the contract's likely geographic area?

A direct comparison of the awarded price ($1.67 million for 364 days) to market rates is challenging without knowing the specific location and the exact scope of services. Parking service costs vary significantly by geographic region and the scale of operations. For instance, managing a large, high-traffic federal facility in a major metropolitan area would command a higher price than a smaller facility in a less congested area. To benchmark effectively, one would need to identify comparable federal or commercial parking contracts in the same vicinity, considering factors like the number of parking spaces, security provisions, maintenance requirements, and whether revenue sharing is involved. The firm fixed-price nature suggests the contractor bears the risk of cost overruns, which is a positive aspect for the government if the price is competitive.

What are the potential risks associated with awarding this contract as a 'NOT COMPETED UNDER SAP' purchase order, and what mitigation strategies are in place?

Awarding a contract as 'NOT COMPETED UNDER SAP' (Simplified Acquisition Procedures) carries inherent risks, primarily the potential for paying a higher price than if the contract had been fully competed. This method bypasses the standard competitive bidding process, which typically drives down costs through market forces. Risks include a lack of price discovery, potential for contractor complacency, and the perception of favoritism. Mitigation strategies would typically involve robust justification for the non-competitive award, ensuring the price is fair and reasonable through independent research or historical data, and clearly defining performance standards and oversight mechanisms within the purchase order. The Department of Justice would need to have strong internal controls and justification documentation to ensure this award serves the government's best interest.

What is Laz Parking Ltd, LLC's track record with federal contracts, particularly for parking management services?

Laz Parking Ltd, LLC is a significant player in the parking management industry, and their track record with federal contracts would need to be reviewed through databases like SAM.gov or FPDS. While the provided data confirms they were awarded this specific $1.67 million contract, a deeper dive would reveal their history of performance on other federal contracts, including their on-time delivery, quality of service, and any past performance issues or disputes. Understanding their experience with similar-sized contracts, their ability to meet federal requirements (e.g., security clearances, reporting), and their overall customer satisfaction ratings from previous government engagements is crucial for assessing the reliability of their service delivery for this new contract.

How does the duration of this contract (364 days) align with the typical needs for federal parking services, and does it suggest a long-term requirement?

A contract duration of 364 days is common for federal procurements, especially when they are awarded under simplified acquisition procedures or as initial service contracts. This duration allows for a full year of service delivery while providing flexibility for the agency. It often suggests a recurring or ongoing need for the services. For parking services, a nearly year-long contract indicates that the Department of Justice anticipates a continuous requirement for managing its parking facilities. This duration is often used to test a contractor's performance before potentially moving to longer-term, more comprehensive contracts, or it may simply reflect the agency's budgeting and procurement cycle for these types of operational services.

Industry Classification

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

Product/Service Code: LEASE/RENT FACILITIES › LEASE/RENTAL OF BUILDINGS

Competition & Pricing

Extent Competed: NOT COMPETED UNDER SAP

Solicitation Procedures: SIMPLIFIED ACQUISITION

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: $16,740

Exercised Options: $16,740

Current Obligation: $16,740

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES

Timeline