Q-Free gets increased congestion charge contract

The Swedish Transport Administration (Trafikverket) has increased Q-Free’s contract and involvement in the on-going Gothenburg congestion charging project. The company was originally awarded a contract that was valued at Nkr143 million (US$23.7 million) in March this year. The initial contract comprised the delivery of roadside equipment, infrastructure and service and maintenance for two years, with an option for an additional six years. At the time, Trafikverket said the final value of the contract would be dependent on selected options and the eventual duration of the service and maintenance contract.

The company’s new contract is for an additional NKr32 million (US$5.3 million) and comprises the delivery of extra charging stations, related equipment and services for two years. The additional charging stations will be installed during the latter part of 2012. Announcing the increase in the contract, Q-Free’s CEO, Dr Oyvind Isaksen, commented, “The congestion charging contract in Gothenburg is strategically very important; it is a signature project, visible for the whole advanced transport management world, and we are very proud to deliver our unique solution to Trafikverket.”

3 August 2012