ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Iteris Selected by Hillsborough County for Traffic Management Center Support and Smart Mobility Initiatives

The Florida county has awarded Iteris a four-year contract with a value of up to $10 million

Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management and part of Almaviva Group, today announced that it has been awarded a four-year, task order-based Indefinite Delivery Indefinite Quantity (IDIQ) contract from the Hillsborough County Board of County Commissioners for engineering services to support their Traffic Management Center (TMC) and other regional smart mobility initiatives. While the final value of an IDIQ contract is determined over time, the award has the potential to include up to $10 million of services.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250506646459/en/

Iteris Selected by Hillsborough County for Traffic Management Center Support and Smart Mobility Initiatives

Iteris Selected by Hillsborough County for Traffic Management Center Support and Smart Mobility Initiatives

Under the terms of the agreement, Iteris will deliver a comprehensive suite of task-based services, including signal system operational monitoring and control; connected emergency vehicle signal priority and preemption; traffic incident detection, support and management; smart work zone traffic control; connected traveler information; signal retiming, phasing and coordination; Traffic Monitoring Center (TMC) communication and integration; transit signal prioritization; and connected and autonomous vehicle support.

The initiative will see Iteris optimize the transportation system and operations throughout the county, which houses over 1.5 million people and is the most populous county in Florida outside of the Miami area.

“We are honored to continue to be a part of Hillsborough County's mission of enhancing safety and mobility for all road users,” said Anita Vandervalk-Ostrander, regional VP of mobility professional services at Iteris. “We have helped to support the management and operation of the region’s mobility infrastructure since 2010, and we’re happy to continue working with them to improve mobility and ensure the region is equipped to accommodate emerging technologies such as connected and automated vehicles.”

About Iteris, Inc.

Iteris, Inc. is a leading provider of smart mobility infrastructure management solutions and part of the Almaviva Group of businesses serving the transportation and logistics industry. Iteris’ cloud-enabled solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient, and sustainable. As a pioneer in intelligent transportation systems technology, Iteris’ advanced detection sensors, mobility and traffic data, software-as-a-service offerings, and consulting services represent a comprehensive range of mobility infrastructure management solutions that serve customers in North America and around the world.

For more information, visit Iteris’ website at www.iteris.com.

About Almaviva Group

Almaviva, an Italian digital innovation group, supports the country’s growth processes by embracing the challenges that companies must face in order to remain competitive in the digital age, innovating its own business models, organization, corporate culture, and ICT. With solid made-in-Italy expertise, Almaviva has built a global network consisting of 30 companies and 80 offices in Italy and abroad, with a significant presence in LATAM (Brazil, Colombia, Dominican Republic), as well as in the United States, Belgium, Spain, Finland, Saudi Arabia, the United Arab Emirates, Egypt, and Tunisia. For more information visit www.almaviva.it [almaviva.it]

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.