Quarterhill's Major Contract with Alameda CTC
Quarterhill Inc. is excited to announce its recent award of a $40 million contract to upgrade the I-580 Express Lanes for the Alameda County Transportation Commission. This venture not only highlights the company’s commitment to improving transportation efficiency but also solidifies its status as the exclusive Express Lane provider for Alameda CTC until at least 2032.
Enhancing the Express Lanes
The I-580 Express Lanes have been designed to provide a smoother commuting experience, allowing drivers to bypass traffic when certain conditions are met. This project will implement upgrades over a period of 17 months, incorporating seven years of operations and maintenance which can be extended further at an additional cost.
Significance of the Upgrades
The express lanes span approximately 10 miles and are crucial for commuters seeking reliable travel times. The contract ensures that Quarterhill will bring enhanced technology and operational standards that align with the existing I-680 Express Lane operations.
Technology Integration
Quarterhill will employ its sophisticated riteSuite™ technology in this upgrade. The suite represents a modern, cloud-based tolling and mobility system that is essential for fostering better traffic management in the region.
Quarterhill's Commitment to Innovation
Chuck Myers, CEO of Quarterhill, expressed his enthusiasm about this collaboration, stating, "We are thrilled to deepen our partnership with the Alameda CTC through this significant upgrade of the Express Lanes. This upgrade project not only demonstrates Quarterhill's commitment to innovation but also solidifies our position as Alameda CTC's unified provider for electronic tolling solutions." He also noted that the initiative is vital for streamlining operations and improving customer experiences.
Future of Transportation in Alameda County
As the sole electronic toll collection provider, Quarterhill is dedicated to enhancing transportation infrastructure in Alameda County. The move to unify operational processes will pave the way for better traffic flow and could potentially reduce congestion across both express and general-purpose lanes.
About Quarterhill
Quarterhill is a prominent player in the Intelligent Transportation Systems sector, focused on providing innovative tolling and enforcement solutions. The company aims to lead the global market through organic growth and strategic acquisitions, continually exploring promising opportunities in the transportation sector.
Frequently Asked Questions
What is the value of the contract Quarterhill received?
Quarterhill has been awarded a $40 million contract to upgrade the I-580 Express Lanes.
What technology will Quarterhill implement during the upgrade?
Quarterhill will implement its riteSuite™, a cloud-based tolling and mobility system aimed at enhancing transportation efficiency.
How long will the project take to complete?
The project is expected to be completed over 17 months with an additional seven years for operations and maintenance.
What benefits do the Express Lanes offer to commuters?
The Express Lanes provide an opportunity for drivers to bypass congested areas, significantly improving travel times and overall commuting experience.
When is Quarterhill's contract with Alameda CTC set to end?
The contract secures Quarterhill as the sole provider until 2032, with the possibility of extensions until 2036.
