tiprankstipranks

Verra Mobility selected by Oakland’s City Council for speed safety program

Verra Mobility (VRRM) announced the approval from Oakland’s City Council to deliver, operate, and maintain a speed safety program across the city. This will be the second speed safety program in the state of California that utilizes advanced automated technology to help curb speeding issues. With this new safety program, the City of Oakland is taking a major leadership role in protecting residents and preventing traffic-related deaths. Authorized under Assembly Bill 645 in October 2023, the legislation allows the city’s pilot program to deploy speed safety systems at 18 high-risk locations throughout Oakland to help reduce speeding and prevent traffic-related injuries and fatalities. The speed camera systems will operate 24/7 and issue citations starting at $50 for vehicles traveling 11-15 mph over the speed limit; the most egregious speeders could see fines up to $500. Under the contract, Verra Mobility will provide and operate the speed camera systems and will partner with local firm Marinship Development, to install and maintain the infrastructure. The speed safety program is funded in part by a grant from the Alameda County Transportation Commission.

Don’t Miss TipRanks’ Half-Year Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1