Market Overview

Standard Parking Announces Contract Awards


Standard Parking Corporation (NASDAQ: STAN) today announced several recent contract awards. The awards reflect activity across a variety of end markets served by the Company's diverse operating divisions.

Central Parking was awarded a multi-service management contract at the GM Renaissance Center in Detroit, Mich. The award encompasses parking, maintenance, valet and shuttle operations across a 40-acre campus, housing General Motors' world headquarters and two nearby hotels. Under the terms of the contract, which began in May, the Company oversees the operation and maintenance of the Center's 8,000 parking spaces across 13 facilities, three valet operations, and three shuttle buses that transport employees and visitors across the campus.

SP Plus® Gameday has been awarded contracts for its event logistics services for several North American sporting events. The services will be provided for the 2013 CONCACAF Men's Gold Cup Soccer Tournament to be held in 13 cities across the United States throughout July. SP Plus® Gameday also was awarded a multi-year contract to provide its services for the 2014 and 2015 FIFA Women's World Cup Canada. In addition, the Company announced the renewal of its

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Posted-In: News Guidance Contracts Management Global


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