Verra Mobility Finalizes 5-Yr, $998M Contract With NYC DOT To Continue Managing New York City's Automated Enforcement Camera Programs, With Option To Extend For Additional 5-Yr Term

Verra Mobility Corp. Class A +1.61%

Verra Mobility Corp. Class A

VRRM

14.52

+1.61%

Verra Mobility will manage NYC's red-light, speed, and bus lane enforcement programs, contributing to the City's lowest number of pedestrian deaths in history

Red-light and bus lane camera programs to expand across the five boroughs

The contract value represents a 34% increase from the previous five-year contract period, 2021-2025

MESA, Ariz., Feb. 11, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ:VRRM), a leading provider of safe, smart, and connected mobility technology solutions, announced today that it has finalized a new, five-year, $998 million contract with the New York City Department of Transportation (NYC DOT) to continue managing New York City's automated enforcement camera programs, with an option to extend for an additional five-year term. This includes the city's red-light, speed, and bus lane enforcement systems, as well as cameras used to enforce weight limits on the Brooklyn-Queens Expressway (BQE).

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