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Genoptic submits bid for Mount Vernon red-light camera contract proposing revenue share

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Summary

During a bid opening for a red-light camera enforcement contract, Genoptic Smart Mobility Solutions proposed a revenue-sharing model in which the company would keep 35% of monthly fine revenue and the city would retain 65%; the bidder did not submit a bid bond at the time of opening and said it would provide one later.

The Board of Estimate and Contract opened a bid on May 20 for a red-light camera enforcement contract and recorded an incoming bid from Genoptic Smart Mobility Solutions LLC, of Jupiter, Florida.

City staff read the bid information into the record and said…

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