"Your parking rates are going to double, and a private firm with strong political ties to Mayor Greg Ballard's administration will make millions at your expense. Ballard's administration announced it will award a 50-year contract to ACS...to lease the city's parking meters." The rest of Gary R. Welsh's blog post is here.
As IBJ.com reported this morning, "City leaders undoubtedly hope their deal produces better results than a high-profile state contract involving ACS. The firm was one of 10 companies that won a $1 billion, IBM-led contract with the state to privatize Indiana Family & Social Services claims processing. Gov. Daniels ultimately canceled the agreement in October after numerous problems, and FSSA and IBM each have filed lawsuits against the other in Marion County over the cancellation."
Plus, Paul K. Ogden notes: "it cannot be emphasized enough that the City is entering into a 50 year contract. That is not privatization. Privatization is about government leveraging the marketplace to create competition in the delivery of services. Handing a company a 50 year contract is providing a government monopoly over the provision of public services. There will be no market competition holding down rates. There will be no backing out of the contract if city officials are not happy with ACS." See his blog post.