{"id":399877,"date":"2020-12-15T08:33:14","date_gmt":"2020-12-15T13:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399877"},"modified":"2020-12-15T08:33:14","modified_gmt":"2020-12-15T13:33:14","slug":"iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\/","title":{"rendered":"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation<\/b><\/p>\n<p class=\"bwalignc\"><i>Agreement Represents Second Task Order Under $19.5 Million IDIQ Contract<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>New task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide<\/b><\/li>\n<li><b>Iteris\u2019 ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology<\/b><\/li>\n<li><b>Project demonstrates Iteris\u2019 continuous role as trusted advisor to US Department of Transportation<\/b><\/li>\n<\/ul>\n<p>SANTA ANA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.iteris.com&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=Iteris%2C+Inc&amp;index=1&amp;md5=773237ff551e7b31ea5c9db0cd3778d7\">Iteris, Inc<\/a>. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has received a second task order with funding of $4.07 million under its indefinite delivery\/indefinite quantity (IDIQ) contract from the Federal Highway Administration (FHWA) to provide continued development, evolution and deployment support for the Intelligent Transportation Systems (ITS) reference architecture program.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215005180\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215005180\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005180\/en\/846580\/4\/joey-kyber-121699.jpg\" alt=\"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe new task order agreement, which is part of a five-year IDIQ contract with a contract ceiling of up to $19.5 million, has a total value of $9.8 million. Under the task order, Iteris will continue to support the evolution of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.arc-it.org%2F&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=Architecture+Reference+for+Cooperative+and+Intelligent+Transportation&amp;index=2&amp;md5=e03c7ac4b3317d2020e6f6be2dff6739\">Architecture Reference for Cooperative and Intelligent Transportation<\/a> (ARC-IT) content to reflect changes in ITS, and connected and automated vehicle (CAV) developments. The program supports statewide and regional ITS planning and deployment to encourage interoperability and CAV preparedness through workshops, training and technical assistance. An important aspect of the program is alignment with and support for standards development activities, as well as international coordination of ITS architecture, and standards concepts and approaches.\n<\/p>\n<p>\n\u201cIteris is honored to continue our activities in support of the US Department of Transportation\u2019s efforts to improve safety and mobility with this new task order under the ITS architecture program,\u201d said Cliff Heise, vice president, federal and research programs, Transportation Systems at Iteris. \u201cIteris is privileged to have had the opportunity to lead the development and evolution of the U.S. ITS architecture reference over the past three decades, including the incorporation of connected and automated vehicle capabilities, and support for evolving ITS and CAV standards.\u201d\n<\/p>\n<p>\nThe ITS architecture enables transportation stakeholders to see the linkages between their ITS and CAV technologies, and facilitates integration and interoperability discussions as they plan and implement ITS and CAV projects.\n<\/p>\n<p><b>About Iteris, Inc. <\/b><\/p>\n<p>\nIteris is the global leader in smart mobility infrastructure management \u2013 the foundation for a new era of mobility. We apply cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility. Our end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world to help ensure that roads are safe, travel is efficient, and communities thrive. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.iteris.com%2F&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=www.iteris.com&amp;index=3&amp;md5=206258d41a4324f2da99db8004c06b54\">www.iteris.com<\/a> for more information and join the conversation on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fiteris&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=0b1b248bb6480310355296e3ea2be669\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fiteris-inc-&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=5&amp;md5=73146a4cbe1a3f423c614c30e5475253\">LinkedIn<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fiterisinc%2F&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=Facebook&amp;index=6&amp;md5=0f5990e7e843171b7c003cab96f24f3c\">Facebook<\/a>.\n<\/p>\n<p><b>Iteris Forward-Looking Statements<\/b><\/p>\n<p>\nThis 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 &#8220;believes,&#8221; &#8220;anticipates,&#8221; \u201cfeels,\u201d \u201canticipates,\u201d &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; &#8220;may,&#8221; \u201cshould,\u201d &#8220;will,&#8221; &#8220;can,&#8221; 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 success, impact, and benefits of the awarded task order. 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.\n<\/p>\n<p>\nImportant 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 delays, constraints and issues; adverse impacts related to performance timing and cancellation of an awarded contract; adverse impacts of general economic, political, and other conditions in the markets we address; and the potential impact of product and service offerings from competitors. 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\u2019s website (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52348318&amp;newsitemid=20201215005180&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=7&amp;md5=aa18215f48aa5c007649eef3769614c3\">www.sec.gov<\/a>).<b \/><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215005180r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215005180\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215005180\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>David Sadeghi<br \/>\n<br \/>Tel: (949) 270-9523<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:dsadeghi@iteris.com\">dsadeghi@iteris.com<\/a><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>MKR Investor Relations, Inc.<br \/>\n<br \/>Todd Kehrli<br \/>\n<br \/>Tel: (213) 277-5550<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:iti@mkr-group.com\">iti@mkr-group.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Urban Planning Technology Professional Services Public Policy\/Government Automotive Public Transport Construction &amp; Property Trucking Transport White House\/Federal Government Logistics\/Supply Chain Management Software Other Automotive Networks Internet Data Management Consulting<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005180\/en\/545349\/3\/Iteris_Logo_black.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215005180\/en\/846580\/3\/joey-kyber-121699.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation Agreement Represents Second Task Order Under $19.5 Million IDIQ Contract New task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide Iteris\u2019 ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology Project demonstrates Iteris\u2019 continuous role as trusted advisor to US Department of Transportation SANTA ANA, Calif.&#8211;(BUSINESS WIRE)&#8211;Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has received a second task order with funding of $4.07 million under its indefinite &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399877","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation Agreement Represents Second Task Order Under $19.5 Million IDIQ Contract New task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide Iteris\u2019 ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology Project demonstrates Iteris\u2019 continuous role as trusted advisor to US Department of Transportation SANTA ANA, Calif.&#8211;(BUSINESS WIRE)&#8211;Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has received a second task order with funding of $4.07 million under its indefinite &hellip; Continue reading &quot;Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T13:33:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20201215005180\/en\/846580\/4\/joey-kyber-121699.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation\",\"datePublished\":\"2020-12-15T13:33:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/\"},\"wordCount\":881,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20201215005180\\\/en\\\/846580\\\/4\\\/joey-kyber-121699.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\\\/\",\"name\":\"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/iteris-awarded-4-07-million-in-new-task-order-funding-by-federal-highway-administration-to-support-nations-architecture-reference-for-cooperative-and-intelligent-transportation\/","og_locale":"en_US","og_type":"article","og_title":"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation - Market Newsdesk","og_description":"Iteris Awarded $4.07 Million in New Task Order Funding by Federal Highway Administration to Support Nation\u2019s Architecture Reference for Cooperative and Intelligent Transportation Agreement Represents Second Task Order Under $19.5 Million IDIQ Contract New task order continues implementation and evolution of ARC-IT framework, as well as delivery of training curriculum to support public agencies nationwide Iteris\u2019 ITS expertise will be leveraged to prepare cities and states for advancements in connected and automated vehicle technology Project demonstrates Iteris\u2019 continuous role as trusted advisor to US Department of Transportation SANTA ANA, Calif.&#8211;(BUSINESS WIRE)&#8211;Iteris, Inc. 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