How Much Does a Parking Meter Cost Without Installments in Des Moines?

When it comes to the cost of parking meters in Des Moines, Iowa, the city has decided to go through two different providers for its parking meter needs. This article will delve into the differences between the two providers and the costs associated with their respective meters, specifically focusing on the POM-615 and IPS models. Understanding the pricing and procurement process can help individuals and businesses better manage their parking meter investments, especially those looking to avoid costly installment plans.

City of Des Moines Parking Meter Providers

The City of Des Moines has selected two companies to supply its parking meters:

POM - 615 IPS (Intelligent Parking Systems)

Both providers offer various features and pricing structures, but the key difference lies in the costs associated with purchasing and maintaining these meters. Let's explore the details of each-meter model and the associated expenses.

POM - 615: An Overview and Cost Analysis

The POM - 615 is a popular choice among cities due to its durable design and reliability. This model is known for its ability to withstand various weather conditions and provide accurate parking fees. Here's a detailed look at its cost and features:

Cost Breakdown

Meter Cost: The base price for a single POM - 615 meter is approximately $350. However, this cost may vary depending on bulk ordering and additional features. Installation Cost: One-time installation fees typically start at $200 per meter. Installation costs can increase based on the complexity of the installation and the number of meters being installed. Maintenance and Repair Costs: Annual maintenance fees are around $25 per meter to ensure the meter functions smoothly. However, these costs can fluctuate based on the specific requirements and incidences of repair. Cleaning and Repainting: Frequent maintenance includes meter cleaning and repainting every three to four years, which can add to the overall cost.

Considering all these factors, the total cost for one POM - 615 meter over its lifetime (approximately 7 to 10 years) can be estimated to be around $750 to $1,000. This cost, however, can vary depending on the specific needs and conditions of the installation site.

IPS: Innovations and Cost Considerations

In comparison to POM - 615, the IPS meters present a more technologically advanced solution. These meters leverage modern technology to offer enhanced features and a more sophisticated user experience.

Cost Breakdown

Meter Cost: The IPS meters are slightly more expensive, with a base price of around $500 per meter. This higher cost is justified by the additional features and advanced technology. Installation Cost: The installation cost for IPS meters is also higher, starting at $350 per meter. This increased cost is due to the additional components required for advanced installation. Maintenance and Repair Costs: The annual maintenance fees for IPS meters are higher, around $50 per meter. This extra cost is necessary to keep the more complex technology functioning seamlessly. Cleaning and Repainting: As with POM - 615 meters, IPS meters also require frequent cleaning and repainting every three to four years.

Estimating the total cost for an IPS meter over its lifetime (around 5 to 7 years) results in a range of $1,300 to $1,600, taking into account the increased costs for both purchasing and maintenance.

Comparison and Conclusion

The choice between POM - 615 and IPS meters ultimately depends on the specific needs and budget of the city or business. POM - 615 meters offer a more traditional and cost-effective solution with lower initial and maintenance costs. On the other hand, IPS meters provide a higher level of technology and advanced features at a higher initial cost, which may be justified by the anticipated longer lifespan and enhanced functionality.

For most cities and businesses that value cost-effectiveness and long-term durability, the POM - 615 may be the better choice. However, those prioritizing the latest technology and advanced features might find the IPS solution more suitable, even if it comes at a higher cost.

Regardless of the chosen meter, it is essential to thoroughly understand the cost implications to ensure effective management of parking meter investments, whether opting for installment plans or upfront payments. The City of Des Moines has carefully considered these factors in its procurement process, aiming to maximize efficiency and cost-effectiveness for its parking meter needs.