SERCO GROUP PLC: Virginia Traffic Management Contract
Serco awarded Virginia traffic management contract
16 May 2013
Serco Group plc (Serco), the international service company, announces today the award of a new contract to integrate and operate Virginia Department of Transportation's (VDOT) transportation operation centres, manage the Safety Service Patrol, and develop and implement a state-wide advanced traffic management system. The contract has a six-year base period valued at $355m 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 State-wide 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, state-wide solution that oversees 57,000 miles of roadway. Serco will: develop and deploy the software solution; manage control room operations at five centres; install and maintain Intelligent Transportation System (ITS) equipment; manage incident and emergency responses; dispatch safety patrol and maintenance crews to respond to incidents; manage High Occupancy Vehicle (HOV) and reversible lanes; provide real-time information to emergency responders; and coordinate signal systems.
Serco has provided traffic management services around the world, including active traffic management and intelligent transportation systems in the UK, 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.
Christopher Hyman, Chief Executive of Serco Group plc, said: "We are delighted to be awarded this opportunity to help advance Virginia's traffic management system. We look forward to supporting VDOT as it implements a new system that leverages technology to achieve operations that are more efficient, and one that improves mobility and safety throughout Virginia. This also marks excellent progress in our strategy to further diversify Serco's Americas portfolio, building on the skills and capabilities that we deliver in other parts of the Group around the world."
For further information please contact Serco:
Stuart Ford, Head of Investor Relations T +44 (0) 1256 386 227
Marcus De Ville, Head of Media Relations T +44 (0) 1256 386 226
Serco is a FTSE 100 international service company, which combines commercial know-how with a deep public service ethos.
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.
Serco supports governments, agencies and companies who seek a trusted partner with a solid track record of providing assured service excellence. Our people offer operational, management and consulting expertise in the aviation, BPO, defence, education, environmental services, facilities management, health, home affairs, information and communications technology, knowledge services, local government, science and nuclear, transport, welfare to work and the commercial sectors.
More information can be found at www.serco.com
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