A convenient category of parametrized spectra

We describe a point-set category of parametrized orthogonal spectra, a model structure on this category, and a separate, more geometric class of cofibrant-and-fibrant objects. The structures we describe are “convenient” in that they are preserved by the most common operations. They allow us to reduce sophisticated statements about the homotopy category to straightforward claims at the point-set level. We use this framework to give a construction of the bicategory of parametrized spectra, one that is far more direct than earlier approaches. This gives a clean bridge between the concrete index theory pioneered by Dold, and the formal bicategorical theory developed by May and Sigurdsson, Ponto, and Shulman.