PTI airport approves valet parking deal

The Piedmont Triad Airport Authority has approved a five-year agreement between the authority and USA Parking System Inc. to operate the valet parking concession at PTI.
The agreement began last week and lasts through Sept. 30, 2015. Under terms of the deal, USA Parking will pay 45 percent of gross parking revenues to the authority and 10 percent of gross revenues generated from car care. The minimum annual guarantee paid to the authority will be $327,000,compared to the current $180,000.

USA Parking was chosen after eight companies requested and received requests for proposal. Four companies responded with proposals before USA Parking was selected.
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