MESA, Ariz., May 5, 2021 /PRNewswire/ -- Verra Mobility
Corporation (NASDAQ: VRRM), a leading provider of smart
mobility technology solutions, announces today that its subsidiary,
Euro Parking Collection plc, has been selected by Transport for
London (TfL) to administer foreign
collection penalties by heavy goods vehicles (HGVs) for its Direct
Vision Standard (DVS) program, through June of 2025.
By introducing London's
pioneering Direct Vision Standard, TfL has undertaken a radical
initiative to improve road safety that helps save lives and avoid
serious injuries. The goal of DVS is to protect motorcyclists,
cyclists, pedestrians, and other road users through a set of
standards to reduce lethal blind spots for HGVs. All owners of HGVs
over 12 tonnes now need a valid permit to operate in greater
London. The program went into
effect on March 1, 2021, and will
operate 24 hours a day, seven days a week.
The latest data from TfL show that HGVs continue to be
disproportionately involved in fatal collisions. Between 2018 and
2020, HGVs were involved in 41% of collisions where people cycling
were killed and 19% of collisions where a pedestrian was
killed.
"With road safety at the core of our Company's mission, we are
extremely proud to partner with TfL for this noble and visionary
scheme that saves lives and promotes a safer London experience," stated Tsjerk-Friso
Roelfzema, Senior Vice President and General Manager for Verra
Mobility Europe. "With our proven solutions deployed across
Europe and years of experience
efficiently collecting penalties from foreign vehicle operators,
Verra Mobility is uniquely positioned to help ensure that the
Direct Vision Standard penalties will be properly collected."
Verra Mobility's violation management and foreign collection
services in Europe, operated
through Euro Parking Collection plc, include vehicle country
identification, owner tracing, notification processing, outstanding
debt collection, customer service, and general program
administration.
About Verra Mobility
Verra Mobility is committed to developing and using the latest
in technology and data intelligence to help make transportation
safer and easier. As a global company, Verra Mobility sits at the
center of the mobility ecosystem – one that brings together
vehicles, devices, information, and people to solve complex
challenges faced by our customers and the constituencies they
serve.
Verra Mobility serves the world's largest commercial fleets and
rental car companies to manage tolling transactions and violations
for millions of vehicles. As a leading provider of connected
systems, Verra Mobility processes millions of transactions each
year through integration with more than 50 individual tolling
authorities and connectivity with more than 450 issuing
authorities. Verra Mobility also fosters the development of safe
cities, partnering with law enforcement agencies, transportation
departments, and school districts across North America operating thousands of
red-light, speed, bus lane and school bus stop arm safety cameras.
Arizona-based Verra Mobility
operates in more than 15 countries. For more information, visit
www.verramobility.com.
About EPC
Euro Parking Collection plc (EPC) specialises in the
identification, notification and collection of unpaid traffic and
public transport related fees, charges and penalties issued to
foreign registered vehicles or persons across Europe.
At present, EPC works on behalf of more than 450 issuing
organisations in 15 European countries. These organisations are
primarily made up of public and police authorities, councils,
municipalities, national government agencies, road toll operators
and private parking companies. A full list can be viewed on the EPC
website under Issuing Organisations.
EPC has access to various vehicle licensing authorities around
Europe to assist in performing its
function of correctly identifying the registered owner/keeper. For
more information, visit www.epcplc.com.
Investor Relations Contact
Sajid Daudi
480-596-2050
ir@verramobility.com
Media Contact
Scott Brown
media@verramobility.com
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SOURCE Verra Mobility