Car Park Operator Procurement
Project background
London
Location
Strategy
Category
Parking Matters advised Battersea Power Station on operating over 1,000 parking spaces. We evaluated leasing and management options, considered costs and revenues, and managed a tender process to appoint a specialist operator.
What we did
- Advised Battersea Power Station Development Company on the operation of over 1,000 parking spaces at Battersea Power Station.
- Evaluated three potential options: leasing to a specialist operator, entering into a management agreement with a specialist operator, or managing an in-house operation.
- Considered opportunities and limitations within the broader Battersea Power Station masterplan site.
- Compared potential operating costs with similar shopping centre car parks.
- Prepared revenue projections to inform decision-making.
- Developed a comprehensive service specification for outsourcing the management of the car park.
- Oversaw a tender process to appoint a specialist operator with a track record of innovation and adding value in car park operations.
Outcome
- Appointment of a specialist operator with a track record of innovation and adding value.
- Optimisation of parking space operation to align with the broader Battersea Power Station masterplan.
- Informed decision-making based on comprehensive evaluation and revenue projections.
- Enhanced efficiency and effectiveness in parking space management at Battersea Power Station.