[Bobbleoxs]

I too feel I couldn't pass the $190m cost in the first place. Granted, I can see where the cost ramps up as explained by @morei. Could someone explain whether this is for the 10-year contract or a license of some sort for each year?

If it is annually, they got 17m tickets over 7 years so for 10 years, assuming they issue just over 19m tickets, that means each parking ticket needs to be at least $10 to cover the cost, even at $100 per ticket, IBM is banking on 10% share? That seems excessive to me but I never worked in government so could someone enlighten me on this?

By any chance there's a conflict of interest for government to be willing to make improvement and cut down parking tickets or any other similar source of income? Or maybe that's what public audit is for?