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FDOT Raises Rekor Contract Ceiling 94% to $9.5 Million

FDOT increased the ceiling on its contract with Rekor by 94%, to $9.5 million.

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11:34:55 AM UTC
SquawkNews
Rekor said FDOT increased its statewide contract ceiling ~94% to $9.5M, with $4.9M approved and encumbered. Rekor also won an RTC Southern Nevada contract valued at up to $1.54M including options.Material DetailsContext by AI AnalystThis extends a trend of agency wins for Rekor’s AI roadway softwar…