Parsons Wins $25 Million Transit Improvement Contract from City of Oakland

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CHANTILLY, Va., Feb. 20, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE:PSN) announced today that the City of Oakland Department of Transportation selected the company to perform engineering design and cost estimates of the Embarcadero West Rail Safety and Access Improvements project. This $25 million contract includes designs for eight at-grade intersections, a multiuse trail, traffic signal plans, and represents new work for Parsons.

“We’re excited to work with the City of Oakland to improve transit reliability, reduce conflicts between pedestrians, bicycles, motor vehicles, and freight and passenger rail, and enhance goods movement around the Port, providing greater opportunities for heavy truck and rail capacity expansion,” said Mark Fialkowski, president, Infrastructure North America for Parsons. “Parsons is proud to continue serving the Oakland community in …

Full story available on Benzinga.com


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