DealsJul 20, 2026, 06:31 AM
Parsons Wins $33M NYSDOT Contract for iNET® System
AI Summary
Parsons Corporation announced it was awarded a $33 million contract by the New York State Department of Transportation (NYSDOT) to deliver the Statewide TSMO Software System. The contract involves the enterprise-level deployment of Parsons' iNET® intelligent transportation software, along with comprehensive services including design, development, integration, testing, operations, and maintenance. This significant win expands Parsons' statewide advanced traffic management system deployments, adding New York to its portfolio alongside Georgia and New Jersey.
Key Highlights
- Parsons secured a $33 million contract from the New York State Department of Transportation (NYSDOT).
- The contract is for the deployment of Parsons' iNET® intelligent transportation software (ITS) platform.
- Scope includes system design, software development, integration, testing, operations, and maintenance services.
- The project will deliver a fully integrated freeway and arterial advanced traffic management system across NYSDOT’s 11 districts.
- Parsons will also replace central processing unit cards for over 6,000 traffic signal controllers statewide.
- This award establishes another major statewide anchor for Parsons, joining Georgia and New Jersey.
Price Impact
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