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EFIC underwrites car park performance bond
02 March 2010
Australian export credit agency EFIC is underwriting a performance bond enabling Park Assist to fulfil a contract in Seattle.
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[EFIC bond]
[performance bond]
[Park Assist]
[Seattle project]
[Australia ECA]
[US Australia trade]
Park Assist, a global leader in parking guidance, bay sensing and parking enforcement, has secured its first contract with a US government authority with backing from Australian export credit agency Export Finance and Insurance Corporation (EFIC).
The company was awarded a $780,000 contract by the City of Seattle to provide an electronic parking guidance system (EPGS) for the city’s downtown...
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