Verra Mobility Corporation has finalized a new five-year contract valued at $998 million with the New York City Department of Transportation (NYC DOT) to manage the city's automated enforcement camera programs. The agreement includes the expansion of red-light, speed, and bus lane camera enforcement across all five boroughs, as well as cameras enforcing weight limits on the Brooklyn-Queens Expressway. The contract represents a 34% increase in value from the previous five-year period and includes commitments to upgrade legacy equipment, utilize minority- and women-owned business enterprises for 33% of the work, and engage in community partnerships and public education initiatives. Verra Mobility was selected after a competitive RFP process and will also address challenges such as obscured license plates through updated camera technology. The contract includes an option to extend for an additional five years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verra Mobility Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA85194) on February 11, 2026, and is solely responsible for the information contained therein.