Iteris Awarded $2.8 Million by San Bernardino County Transportation Authority to Support I-10 Express Lane Initiative
Iteris has secured a $2.8 million contract from the San Bernardino County Transportation Authority to provide design services for the widening of the I-10 freeway.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
- 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.
-
Iteris will provide design services related to toll infrastructure, CCTVs, fiber optic cable systems, message signs and more.
- Deal represents continued demand for Iteris’ specialized consulting services in a key geographic market.

Iteris Awarded
The project proposes to widen the I-10 highway for a stretch of 11 miles between the I-10/
“We are thrilled to have been chosen to support this important initiative for
About
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20230110005202/en/
Media Contact
Tel: (949) 996-5348
Email: brwallace@iteris.com
Investor Relations
MKR Investor Relations, Inc.
Tel: (213) 277-5550
Email: iti@mkr-group.com
Source: