Smart Parking Limited (ASX:SPZ) has announced it will work with the City of Moonee Valley to provide a comprehensive Smart City Solution.
The business will install 1500 parking sensors as well as communication infrastructure to feed data from sensors to hand-held infringement notice issuing devices.
Smart Parking will also assist the City implement public WiFi through their SmartCloud communications infrastructure.
A 3 year maintenance service deal will accompany the contract, with ongoing renewal periods and extension options.
Shares in Smart Parking Limited (ASX:SPZ) are trading 4.26 per cent higher at $0.24.