SP+ Municipal Services Awarded Parking Contract at City of Beaufort




SP+ Municipal Services Awarded Parking Contract at City of Beaufort

SP Plus Corporation (Nasdaq:SP), a leading national provider of parking, ground transportation and related products and services to commercial, institutional and municipal clients throughout North America, has been awarded the parking management contract at the City of Beaufort. The five-year contract was unanimously approved by the Beaufort City Council and will begin on February 1, 2015.

The City’s parking operations will be managed by the Company’s SP+ Municipal Services operating group, who will provide turn-key parking management services for the City’s on- and off-street parking assets. Under the contract, SP+ will also create and manage an interactive website to keep the public informed regarding new payment options, special event parking and parking-related news. SP+ will also implement Click and Park online advance reservation and prepayment technology.

About SP+

SP Plus Corporation provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in all markets of the real estate industry. The Company has more than 23,000 employees. Its SP+ Parking, Standard Parking and Central Parking brands operate more than 4,200 parking facilities with over 2.1 million parking spaces in hundreds of cities across North America, including parking-related and shuttle bus operations serving more than 75 airports. The Company’s USA Parking System subsidiary is one of the premier valet operators in the nation with more four and five diamond luxury properties, including hotels and resorts, than any other valet competitor. The Company’s ground transportation division transports over 41 million passengers each year; its facility maintenance division operates in dozens of U.S. cities; and its security subsidiary provides licensed security services in six states. The Company also provides a wide range of event logistics services. For more information, visit http://www.spplus.com.