Uber, Lyft receive US Federal transportation contract worth $810 million

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 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. Lyft also hopes the government contract will open doors to further collaboration on public health and equity projects that require transportation.

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