Case Study
Car Park Operator Procurement
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.
Client
Battersea Power Station
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.