Kapsch TrafficCom, a provider of intelligent transportation systems (ITS), has secured a contract from the Port Authority of New York and New Jersey (PANYNJ), to replace all roadside equipment managed by PANYNJ.

As per the contract terms, Kapsch will be responsible for replacing the toll collection system at PANYNJ’s bridge and tunnel facilities and also maintain the systems upon completion of the new toll system installation.

Initially, Kapsch will design and implement a replacement toll collection system (RTCS) at PANYNJ’s six bridge and tunnel facilities that includes Bayonne, Goethals, Outerbridge Crossing, and George Washington bridges, as well as the Holland and Lincoln tunnels.

"The potential total value of the entire two-part project to Kapsch is approximately $147m."

Kapsch TrafficCom AG CEO Georg Kapsch said: “As the first collaborative project between Kapsch TrafficCom and its recently-acquired Schneider Electric transportation business division, it represents the power of these newly-joined businesses to create original and unique value for our customers.”

 Upon completion of RTCS installation, the company will be maintaining the system for period of six-years, with options to extend for up to three two-year periods.

The potential total value of the entire two-part project to Kapsch is approximately $147m.

Kapsch TrafficCom North America president Chris Murray said: “Customers across North America continue to see the value in the quality and technical service commitment of Kapsch TrafficCom.

"We believe our collaborative and transparent approach to partnership creates unique value for our North American customers.”

Initial work will commence from next month, and will continue until 2020, which will involve replacing all toll collection system equipment.