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Serco awarded $43m San Francisco parking meters contract

Published: 30 Aug 2012

Serco Inc., a provider of professional, technology, and management services, announced today that the Company has been awarded a re-compete for the Parking Meter Coin Collection, Counting and Support Services Contract supporting the San Francisco Municipal Transportation Agency (SFMTA).  The contract has five year base period and is valued at $43m. 

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.  Serco will implement a new online dashboard to enhance its financial reporting to SFMTA, and the Company will utilize GPS vehicle tracking and vehicle security cameras for enhanced security and safety.  Serco has been supporting SFMTA services for over the past ten years.

"Serco is proud of the services we have delivered in San Francisco over the past decade," said Gene Costa, Vice President of Serco's Transportation and Infrastructure unit.  "We look forward to continuing our support with new enhanced solutions."