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$100K revenue seen with the privatization of parking lots
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Posted on Dec 17 2004
The Commonwealth Ports Authority stands to earn some $100,000 from the privatization of parking facilities at the Saipan airport and seaport.
In its request for proposals from companies interested in operating the facilities, CPA set a compensation limit of $60,000 for the Saipan International Airport parking area and $30,000 for the Port of Saipan parking area.
Earlier, CPA executive director Carlos Salas said that since CPA started charging for parking in 2002, the airport and seaport earned annual average revenues of $122,610 and $68,671, respectively.
This means that CPA could earn an estimated $62,000 from airport parking fees and $38,000 from seaport parking fees.
CPA is giving companies until Jan. 21 to submit proposals to operate the facilities.
The CPA board of directors approved the privatization of the parking facilities last August, after Salas reported that the ports authority was losing over $26,000 from the operation of the parking booths.
Salas said that, while the facilities have generated over $190,000 in annual revenues every year, their operation has cost CPA over $215,000, including personnel and maintenance expenses.
Aside from this loss, Salas said CPA could no longer continue under the current arrangement where airport employees, including ports police officers, are being assigned to work at the booths on a rotation basis.
Salas said the employees working at the booths are now needed back in their original posts to handle the increasing of passenger traffic.
