Chicago Parking Meters LLC

Chicago Parking Meters, LLC (CPM) is a U.S.-based infrastructure concessionaire responsible for operating, maintaining, and managing the City of Chicago's on-street metered parking system. The company holds a long-term concession agreement covering approximately 36,000 parking meters and associated payment infrastructure throughout Chicago. Its responsibilities include maintaining parking meters, managing payment systems, collecting metered parking revenue, and upgrading parking equipment and technology. The City of Chicago retains authority over parking regulations, enforcement, meter rates, and operating hours, while CPM operates the concession under the terms of its agreement with the city.