Iteris to provide design services for the widening of the I-10 freeway under this new five-year contract
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San Bernardino County Transportation Authority’s project will widen 11 miles of freeway to add one express lane in either direction and new auxiliary lanes.
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Iteris will provide design services related to toll infrastructure, CCTVs, fiber optic cable systems, message signs and more.
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Deal represents continued demand for Iteris’ specialized consulting services in a key geographic market.
SANTA ANA, Calif.--(BUSINESS WIRE)--Jan. 10, 2023--
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a $2.8 million contract from the San Bernardino County Transportation Authority (SBCTA) to support the development of the I-10 Express Lanes.
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![Iteris Awarded $2.8 Million by San Bernardino County Transportation Authority to Support I-10 Express Lane Initiative (Photo: Business Wire)](https://mms.businesswire.com/media/20230110005202/en/1680944/4/iStock-117214086.jpg)
Iteris Awarded $2.8 Million by San Bernardino County Transportation Authority to Support I-10 Express Lane Initiative (Photo: Business Wire)
The project proposes to widen the I-10 highway for a stretch of 11 miles between the I-10/I-15 interchange and Pepper Street. One express lane will be added in each direction as well as new auxiliary lanes, and additional California Highway Patrol (CHP) enforcement areas.
Iteris is a subconsultant to Advanced Civil Technologies, the consulting firm leading the plans, specifications and estimates for this contract. Under the terms of a five-year contract, Iteris will provide a number of design services, including toll infrastructure; closed circuit television systems; changeable message signs; fiber optic cable systems; traffic monitoring systems and more.
“We are thrilled to have been chosen to support this important initiative for San Bernardino County Transportation Authority,” said Steven Bradley, regional vice president, Consulting Services at Iteris. “We realize the impact of this project is critical to improving movement on this highway, and we look forward to working closely with SBCTA, Caltrans, Advanced Civil Technologies and other stakeholders to make it successful.”
The I-10 project continues Iteris’ success in providing ITS and tolling design services on projects across the nation and represents continued demand for Iteris’ specialized consulting services in a key geographic market.
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart mobility infrastructure management. Delivered through Iteris’ ClearMobility Platform, our cloud-enabled end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world, and help bridge legacy technology silos to unlock the future of transportation. That’s why more than 10,000 public agencies and private-sector enterprises focused on mobility rely on Iteris every day. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.
Iteris Forward-Looking Statements
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as “believes,” “feels,” “anticipates,” “expects,” “intends,” “plans,” “anticipates,” “seeks,” “might,” “estimates,” “may,” “could,” “should,” “will,” “can,” and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the awarded contract and our consulting services. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our ability to successfully perform the services on a cost-effective basis; government funding and budgetary issues and scheduling delays; adverse impacts related to performance timing and cancellation of an awarded contract; and adverse impacts of general economic, political, and other conditions in the markets we address. Further information on Iteris, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).
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Media Contact
Breanna Wallace
Tel: (949) 996-5348
Email: brwallace@iteris.com
Investor Relations
MKR Investor Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
Email: iti@mkr-group.com
Source: Iteris, Inc.