NasdaqCM:VRRMProfessional Services
Verra Mobility’s NYC Camera Deal And What It May Mean For Valuation
Verra Mobility secured a new five year contract with the New York City Department of Transportation to expand and manage automated enforcement camera programs.
The agreement broadens red light and bus lane safety coverage across all five boroughs and adds technology upgrades and community focused commitments.
The contract extends a long running relationship between Verra Mobility and NYC DOT and is tied to legislatively supported program growth.
For investors watching Verra Mobility,...