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| BMV moves license plate production away from prisons |
| By ibj.com- Hannah Troyer |
| Published: 01/28/2015 |
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Indiana prison inmates will no longer be a part of the license plate production process starting May 1. The Bureau of Motor Vehicles plans to outsource the production and distribution of the state's license plates and vehicle registrations for the next several years. Inmates at the state prison in Michigan City had made the plates as a subcontractor for decades. The BMV has entered into a $72 million contract with Intellectual Technology Inc. The company will receive yearly payments from the BMV until the end of 2019. The company is based in California but has a logistics and operations office in Fort Wayne. It has handled vehicle registration services since 2009 and holds contracts with 13 other states The new contract will add plate production to the deal and is expected to save the BMV nearly $14.4 million over five years. Read More. |
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