Serco awarded $43 million contract supporting San Francisco’s MTA

October, 2012

Serco Inc., a provider of professional, technology and management services, has been awarded a re-compete contract for the parking meter coin collection, counting and support services contract supporting the San Francisco Municipal Transportation Agency (SFMTA). The contract has a five-year base period and is valued at $43 million.

Under this contract, Serco will provide parking meter operation support services for meter management systems and infrastructure, and the daily collection and reconciliation of parking meters.

The company will implement a new online dashboard to enhance its financial reporting to the SFMTA, and will utilize GPS vehicle tracking and vehicle security cameras for enhanced security and safety.

 “Serco is proud of the services we have delivered in San Francisco over the past decade,” said Gene Costa, VP of its Transportation and Infrastructure unit. “We look forward to continuing our support with new enhanced solutions.”

(Source: Serco Inc.)