U.S. federal government awards transportation contract to Uber, Lyft
Source: Reuters
Uber Technologies Inc and Lyft Inc have been awarded a federal contract worth up to $810 million to offer their ride-hail services to public agencies and their more than 4 million employees and contractors across the country.
The General Services Administration (GSA), which manages services for federal agencies, issued its final five-year award on Monday, said Veronica Juarez, Lyfts vice president of social enterprise and government.
While individual federal employees have previously been able to use ride-hail services for travel, the new contract allows the companies to formally launch their services within agencies and directly work with officials to promote the service.
Juarez said the award capped a nearly four-year negotiation process. She declined to say how much revenue Lyft expected from the contract, but said the U.S. government spends around $200 million on ground transportation each year.
Read more: https://www.reuters.com/article/us-lyft-uber-contract/u-s-federal-government-awards-transportation-contract-to-uber-lyft-idUSKBN2831S5
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