- Iteris (NASDAQ:ITI) said Thursday it has been awarded a five-year indefinite delivery/indefinite quantity contract with a value of up to $2 million by the Texas Department of Transportation.
- According to the contract, Iteris will continue to provide traffic signal timing and operational improvements at key intersections throughout the TxDOT Houston District.
- The agreement is the eighth major contract awarded to Iteris by TxDOT in the past six years and the fourth consecutive signal timing contract.
- To date, the company has provided $15 million in Intelligent Transportation System, traffic engineering, and traffic signal timing and operations support to TxDOT.
- Press Release.
2024-06-27