Verra Mobility (VRRM) Selected to Implement Los Angeles Speed Safety Program
Key takeaways
- On June 15, Verra Mobility was selected by the Los Angeles City Council to design, operate, and maintain the state's largest speed safety program.
- This program is part of a six-city pilot authorized by Assembly Bill 645, aiming to reduce traffic fatalities and modify driver behavior.
- Verra Mobility Corporation (NASDAQ:VRRM) brings proven experience from successful programs in cities like San Francisco and Oakland.
Verra Mobility (VRRM) Selected to Implement Los Angeles Speed Safety Program Maham Fatima Sun, June 28, 2026 at 12:29 AM GMT+7 2 min read VRRM Verra Mobility Corporation (NASDAQ:VRRM) is one of the underperforming tech stocks to buy according to analysts. On June 15, Verra Mobility was selected by the Los Angeles City Council to design, operate, and maintain the state's largest speed safety program. The initiative will deploy automated enforcement systems across 125 sites identified as high-injury and crash-prone corridors, with operations expected to be fully functional by the end of 2026.
This program is part of a six-city pilot authorized by Assembly Bill 645, aiming to reduce traffic fatalities and modify driver behavior. By utilizing data-driven site selection, the city intends to address the persistent issue of speeding, which accounted for a significant portion of fatal and severe crashes in Los Angeles over recent years.
Verra Mobility Corporation (NASDAQ:VRRM) brings proven experience from successful programs in cities like San Francisco and Oakland. The company will implement privacy-focused technology and partner with local minority-owned firm Morgner Construction Management for installation. The deployment reflects a broader commitment to street safety, with data from other regions suggesting significant declines in both speeding and traffic fatalities.