Serco Awarded $23 Million Contract to Address San Francisco Parking and Congestion Challenges

RESTON, VA, July 23 / MARKET WIRE/ -- Serco Inc. announced today it was awarded a $23 million contract by the City and County of San Francisco to deliver procurement, installation and management of an integrated smart parking system that will help improve traffic flow, reduce pollution and optimize parking availability. Serco is the first company selected to work with the City of San Francisco under an Urban Partnership Agreement to design, deliver and manage a complete lifecycle congestion management solution. This hallmark, two-year contract addresses one of the most significant transportation management challenges plaguing state and local governments across the country. A trusted advisor to the San Francisco Municipal Transportation Agency, Serco will deliver an independent analysis of cutting-edge, smart parking... [read full story]