Serco Awarded New $355 Million Virginia Traffic Management Contract
RESTON, Va., May 16, 2013 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services, announces today the award of a new contract to integrate and operate Virginia Department of Transportation's (VDOT) transportation operation centers, manage the Safety Service Patrol, and develop and implement a statewide advanced traffic management system. The contract has a six year base period valued at $355 million and three two-year option periods. Work is expected to begin during the third quarter of 2013.
Following yesterday's approval by the Commonwealth Transportation Board, Commissioner Gregory Whirley signed the Transportation Operations Center and Statewide Advanced Traffic Management Systems contract. Under this contract, Serco will support VDOT as it moves from its existing traffic management systems, to a single advanced, real-time, statewide solution that oversees 57,000 miles of roadway. Serco will: develop and deploy the software solution; manage control room operations at five Transportation Operation Centers (TOCs); install and maintain Intelligent Transportation System (ITS) equipment; manage incident and emergency responses; dispatch Safety Service Patrol and maintenance crews to respond to incidents; manage HOV and reversible lanes; provide real-time information to emergency responders; and coordinate signal systems.
"We are pleased to partner with VDOT in developing one of the most advanced, fully integrated traffic management systems in the United States," said Ed Casey, Serco Inc.'s Chairman and Chief Executive officer. "We look forward to supporting VDOT to improve the efficiency, effectiveness and safety of its traffic management operations."
Serco has provided traffic management services around the world, including active traffic management and intelligent transportation systems in the United Kingdom, and traffic/tunnel controls in Hong Kong. The Company also supports Georgia's Department of Transportation intelligent transportation systems and parking and enforcement services throughout the country.
About Serco Inc.: Serco Inc., headquartered in Reston, VA, is a wholly-owned subsidiary of Serco Group plc, a $7.5 billion international business that helps transform government and public services around the world. We improve essential services by managing people, processes, technology and assets more effectively. We advise policy makers, design innovative solutions, integrate systems and - most of all - deliver to the public. Our people offer operational, management and consulting expertise in the transportation, BPO, defense, education, environmental services, facilities management, health, home affairs, information and communications technology, knowledge services, local government, science, and commercial sectors. Serco Inc. has approximately 8,500 employees across the United States and five Canadian provinces. More information on Serco Inc. can be found at www.serco-na.com.
SOURCE Serco Inc.
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