Frequently Asked Questions
When was the concession agreement signed, how long are the terms and how much money did Ohio State receive?
The parking lease provideed the university with an up-front payment of $483 million from QIC Global Infrastructure to invest in support of our core mission of teaching, learning and research. In September 2012, the university transitioned the management of our parking operations to our partner in parking, CampusParc. CampusParc is the local entity QIC set up to manage the parking lease and will operate parking under this 50-year agreement.
Who decides when parking system changes are made and who represents the campus community?
The university formed a Parking Advisory Committee (PAC). Prior to moving forward with the parking lease, the university committed to gather feedback about parking operations. One of the ways Ohio State does this is through the PAC. All parking operations questions and needs should be directed to CampusParc, but the PAC can be contacted via email with ideas, comments and suggestions regarding the overall management of the parking system. More information about the PAC is available on this site as well. All parking system changes proposed by CampusParc must receive university approval.
Which entity handles parking citations and appeals?
CampusParc handles enforcement and the appeals process. Consistent enforcement of campus parking policies and regulations helps contribute to an equitable system for all members of the university community. Occasionally, extenuating circumstances may be the basis for an appeal of a parking citation. To appeal a citation, please visit: http://osu.campusparc.com/home/citations/citation/appeal-a-citation.
Is there a standard rate for annual permit increases?
The parking prices and annual increases were negotiated as part of the concession agreement. The contract CampusParc has with Ohio State caps annual permit increases at a maximum of a 5.5 percent increase for the first 10 years of the contract. This increase is in line with the historical average increase of the university’s own Transportation and Parking department and provides certainty for parking customers going forward. After the first 10 years of the contract, the increases are capped at 4 percent or the five-year average of the Consumer Price Index (inflation), whichever is higher.
Even a 5.5 percent increase in parking costs is much higher than our yearly salary increases, how is this justified?
You cannot directly compare the percentage increase on parking permits to the percentage increase in salaries. A 2 percent salary increase means significantly more than a 5.5 percent increase in a parking permit fee because the base numbers are much different. Using the parking rates for the upcoming permit year, a 5.5 percent increase equates to:
- $41.58/year and $3.46/month for an “A” permit
- $21.48/year and $1.79/month for a “B” permit
- $14.55 /year and $1.21/month for a “C” permit
- $9.87/year and .82/month for a “WA” permit
- $5.12/year and .43/month for a “WC” permit
But a 2 percent salary increase equates to:
- $600/year and $50/month on a $30,000 salary
- $900/year and $75/month on a $45,000 salary
- $1,200/year and $100/month on a $60,000 salary
What was the rate of yearly increases over the past 10 years (prior to concession agreement)?
The university regularly raised rates to maintain services, so this was not a change over what we were doing. Here is a breakdown of the increases in our recent history:
1999 - 25% increase
2000 - 20% increase
2001 - 15 % increase
2002 - 9% increase
2003 - 10% increase
2004-2009 - 5% increase each year
2010 - 3% increase
2011-2013 - 5% increase each year
We added the annual cap language for the first ten years so you would know exactly what kind of rate increase to expect. The cap for the remaining years would be set by the Midwest Consumer Price Index or 4%, whichever is potentially higher—which would guarantee that any additional rate changes are tied to national and regional standards, so it could be lower than the caps we’ve established for the first 10 years.
If cancellation of an agreement would occur, what would happen to the money provided up front by the vendor?
If the cancellation occurred because of a default by the vendor, then the university would keep the upfront money. If the contract was cancelled because of a default by Ohio State, then we could be required to pay back a portion.
What is the universities committment to alternative modes of transportation and is it impacted by the parking lease?
The university has no intention of stopping its sustainability plans and continues to investigate potential alternative transporation options to serve our campus community. The parking agreement was written to give the university the greatest amount of flexibility possible. It includes conditions about the construction of new garages, the movement or reclassification of parking spaces and the potential growth of our existing campus.
Is it required that the number of parking places on campus not decrease while parking is under the control of the concessionaire?
Actually, there is a bank of 2,200 spaces we could reduce as necessary, without penalty, if we need to close or remove parking spots because of construction or changes to our campus layout.