SFMTA’s Lease Agreement with LAZ Parking, LLC

Parking garage

The San Francisco City Services Auditor Division engaged Sjoberg Evashenk Consulting to audit the lease agreement under which Laz Parking, LLC, (Laz) operates the Polk Bush Garage. Also, the audit included evaluating whether the San Francisco Municipal Transportation Agency’s (SFMTA) management practices and procedures adequately ensured that Laz complied with various lease agreement provisions. The audit found that, in general, Laz appropriately performed most parking garage activities at the Polk Bush Garage, in accordance with the lease agreement. However, that audit identified areas where oversight and contract administration could be improved.

The full report can be found here.

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