SP Plus LLC

SP Plus LLC, a Santa Monica, California-based limited liability company and subsidiary of Metropolis Technologies, Inc., provides parking space leasing and parking facility management services exclusively to federal civilian agencies as a prime contractor, competing in unrestricted full-and-open procurements with no set-aside designations across all recent work.

SP Plus operates entirely in the parking and transportation services vertical. The vendor holds NAICS 812930 (Parking Lots and Garages) and PSC codes for both lease/rental of parking facilities (16 of 18 awards) and operation of parking facilities (2 of 18 awards). Representative recent work includes a $2.1 million definitive contract awarded by the Department of Veterans Affairs' Strategic Acquisition Center Frederick on May 1, 2022, for 134 unreserved parking spaces in Washington, DC at 810 Vermont Avenue NW (with invoiced revenue climbing from $261 thousand in FY2022 to $401 thousand in FY2024 across a five-year base-plus-options period through April 2027); a $1.5 million definitive contract from the Consumer Financial Protection Bureau on June 25, 2026, for parking space leasing at its 445 12th Street headquarters in Washington, DC through May 31, 2031; and a $1.5 million sole-source definitive contract from the Pension Benefit Guaranty Corporation on April 1, 2022, for subsidized parking program management (80 permits) at its headquarters, also at 445 12th Street SW, Washington, DC. An Immigration and Customs Enforcement purchase order from March 15, 2024, funds 199 parking spaces near the Glenn Anderson Federal Building in Long Beach, California, with a $896 thousand ceiling through March 2027; Service Contract Inventory reporting shows FY2024 invoiced labor of $24 thousand across 1.0 FTE and 2,080 contractor hours at $11.48 per hour, entirely self-performed.

Customer concentration sits heavily with the Department of Veterans Affairs system. The top five customer agencies account for 90% of combined potential value, led by VA Strategic Acquisition Center Frederick ($2.7 million across two awards) and VA Veterans Health Administration facilities (Veterans Integrated Service Network 15 with $347 thousand across three awards; Veterans Integrated Service Network 12 with $828 thousand across two awards). The Pension Benefit Guaranty Corporation and Consumer Financial Protection Bureau each anchor $1.5 million ceiling awards. The U.S. Secret Service places three awards ($193 thousand combined potential value) for parking space leases in Washington, DC 20003. The Drug Enforcement Administration issued two small purchase orders ($5 thousand combined) for recurring standard parking at Santa Monica, California.

SP Plus holds three parent indefinite delivery vehicles: a single-award $250 thousand IDIQ with Veterans Integrated Service Network 15 for parking services at the St. Louis VA Medical Center's Research & Development Department (two delivery orders, $97 thousand combined potential value, through September 2030); a multiple-award $162 thousand BPA with the U.S. Secret Service for parking space leases in Washington, DC (two calls, $31 thousand combined potential value, through August 2026); and a single-award $657 thousand BPA with Veterans Integrated Service Network 12 for temporary juvenile garage parking in Chicago, Illinois (one task order captured in recent awards, $171 thousand potential value, through March 2028). All work is self-performed with no subcontractor engagement reported across the award portfolio.

Activity has grown from flat volumes in 2022–2024 (one to three awards per year) to six awards in 2025 and five in 2026. Eight awards carrying combined potential value of $5.3 million face ultimate completion inside the next twenty-four months, representing recompete exposure concentrated in the VA and Secret Service customer bases. Total combined potential value across all 18 awards is $8.2 million, with $5.6 million obligated (69% of ceiling). The vendor competes exclusively in full-and-open unrestricted procurements; no set-aside categories appear across the award history.