📋 Tender Overview
Project : OPS-001-13
Project Description : There are several pieces of equipment used in the day-to-day operations for the On/Off Street Parking Division that require upgrading/replacement over the next several years due to age and new payment technologies. This project is funded from the On-Off Street Parking Reserve Fund. The balance in the On-Off Street Parking Reserve Fund as of December 31, 2022 is $1,957,022. The current 10-year reserve forecast, including the capital funding for this project, projects this reserve will remain sustainable.
