Verra Mobility signs new 7-year deal with Avis Budget on less favorable terms

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Verra Mobility Reaches Framework Agreement with Avis Budget Group

July 28, 2026 5:06 PM EDT

MESA, Ariz., July 28, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced that it has reached an agreement with Avis Budget Group ("ABG") on the key commercial terms of a new seven-year tolling and violations services contract and are working collaboratively to finalize the remaining operational terms and conditions. This redefined... More