VINCI wins two free-flow toll collection service contracts in the United States [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
The two multi-year contracts' combined value amounts to €53 million. VINCI's first contract in Georgia expands its footprint in the American market. The Georgia State Road and Tollway Authority (SRTA) has entrusted VINCI Highways (a VINCI Concessions subsidiary) with managing free-flow and dynamically-priced transactions on its 107 km network around Atlanta. The contract also includes handling transactions using E-ZPass (an interoperable toll system spanning 18 other American states) and parking fees at Atlanta's international airport. This 7-year contract will be fulfilled by ViaPlus (a VINCI Highways subsidiary specialised in free-flow traffic management systems). In Texas, the Harris County Toll Road Authority (HCTRA), which manages a free-flow toll network across the Greater Houston area, has awarded VINCI Highways a contract for video image review services. The contract will last 19 months and includes several extension options. It is aimed at optimising HCTRA's toll colle
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