Serco Awarded New Contract To Manage the Texas Department of Transportation Traffic Management Center

RESTON, Va., Aug. 24, 2017 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services, announced today that the Company has been awarded a new contract to manage the traffic management center for the Texas Department of Transportation (TxDOT) Austin District. The contract has a one-year base period and three one-year option periods, and is valued at $7 million, if all options are exercised.

Serco will be responsible for managing the TxDOT freeway operations in Austin's Combined Transportation, Emergency & Communications Center (CTECC) 24 hours a day, 7 days a week. The Company's work at the CTECC will help identify incidents faster, reduce roadway congestion, and enhance emergency response coordination, thereby promoting a more reliable trip for the motorists.

"Serco provides transportation services around the world and we are proud to have earned this contract with the Texas Department of Transportation," said Dave Dacquino, Chairman and CEO of Serco Inc. "We have a team in place who recognizes the importance of safety to the district's travelers and are standing by ready to serve."

Serco has a long history of managing traffic management center for the state Departments of Transportation and agencies around the world, including active traffic management and intelligent transportation systems in the United Kingdom, and traffic/tunnel controls in Hong Kong.

Serco's transportation division delivers Intelligent Transportation System (ITS) services, Air Traffic Control (ATC) operations, rail operations & maintenance, fleet management and parking enforcement services throughout the country.

About Serco Inc.

Serco Inc. is a leading provider of professional, technology, and management services. We advise, design, integrate, and deliver solutions that transform how clients achieve their missions. Our customer-first approach, robust portfolio of services, and global experience enable us to respond with solutions that achieve outcomes with value. Headquartered in Reston, Virginia, Serco Inc. has approximately 8,000 employees and annual revenue of $1 billion. Serco Inc. is a wholly-owned subsidiary of Serco Group plc, a $5 billion international business that helps transform government and public services around the world. More information about Serco Inc. can be found at www.serco-na.com.

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SOURCE Serco Inc.