Vienna/McLean, USA, February 18, 2014 – Kapsch TrafficCom has been selected by North Tarrant Express (NTE) Mobility Partners Segments 3 LLC to provide the toll collection, intelligent transportation and network communication systems for the NTE extension project. The NTE extension is approximately 10 miles long, and runs along I-35W north of the city of Fort Worth. Kapsch will deliver 10 all-electronic toll zones, including dynamic sign equipment and road sensors that provide the data to enable dynamic toll charges based upon actual traffic volumes. The total contract value is estimated at USD 26 million (approximately EUR 19 million) with the first of two segments scheduled to be operational by April 2016.
The NTE extension will benefit from the seamless integration that exists between the Transdyn DYNAC® traffic management solution and the Kapsch Maintenance Online Management System (MOMS). Kapsch acquired Transdyn on January 16, 2014. The integrated solution enables NTE to efficiently monitor the total managed lane system to ensure optimal performance and to keep traffic flowing.
NTE Mobility Partners LLC selected Kapsch to design, build, and integrate the managed lane high occupancy toll system for the first two segments of the North Tarrant Managed Lanes Systems Integration projects in the Dallas / Fort Worth Metroplex in August 2012. That project is currently underway and includes 11 toll zones and 29 tolled lanes.
“Being selected for the NTE extension project allows Kapsch to expand our managed lanes tolling solution to additional segments in the Dallas / Fort Worth region and provide an even safer, more reliable commute for more than 144,000 daily commuters,” commented Chris Murray, President and CEO, Kapsch TrafficCom North America. “This award also enables Kapsch to reaffirm its commitment to the North Tarrant Expressway, where our company will complete the first two segments of the managed lanes system before the summer of 2014.”
About North Tarrant Express
The USD 2.5 billion NTE project consists of rebuilding 13.5 miles along the I-820 and SH 121/183 (Airport Freeway) corridor. The five-year project, which is now approximately 80 percent completed, includes the reconstruction of frontage lanes and main lanes and the addition of TEXpress managed lanes throughout the corridor, which extends from I-35W in Fort Worth to Industrial Boulevard in Euless. For more information, visit www.northtarrantexpress.com.
Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the application fields of road user charging, urban access and parking, road safety enforcement, commercial vehicle operations, electronic vehicle registration, traffic management and V2X cooperative systems. Kapsch TrafficCom covers with end-to-end solutions the entire value creation chain of its customers as a one-stop shop, from components and subsystems to their integration and operation. The solutions of Kapsch TrafficCom help to provide funding for infrastructure projects, to increase traffic safety, to optimize traffic flow, and to reduce environmental pollution from traffic. The core business is to design, build and operate electronic toll collection systems for multi-lane free-flow traffic. References in 43 countries on all continents make Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide. As part of the Kapsch Group, a family-owned Austrian technology group founded in 1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and representative offices in 33 countries, has been listed on the Vienna Stock Exchange (KTCG) since 2007, and generated with more than 3,000 employees revenues of