ERG wins US contract worth US63m26-February-2003 -- ERG trade data forum

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Date Posted: 21:29:54 02/25/03 Tue
Author: At 1531 AEST ERG was 0.5c, or 3% higher to 16c
Subject:

ERG wins US contract worth US63m26-February-2003

ERG wins US contract worth US$63m
26-February-2003
ERG Group (ERG) has one a contract worth US$63 million to establish a regional fare collection system covering Seattle and the Central Puget Sound area of Washington state.

The contract, between six public transportation agencies including Community Transit, King County Metro Transit, Kitsap Transit, Pierce Transit, Sound Transit, and Washington State Ferries, is worth around US$63 million to ERG for the system implementation and management for a ten-year term once the system is operational.

�Work will commence on the project once all the agencies have approved the contract, with the first phase expected to be in live operation in approximately two years,� ERG said.

The project involves the design and implementation of a �seamless� smart card system across 2065 buses, and the commuter rail and ferry services throughout the region, as well as the fare card and services management for ten years after implementation.

At 1531 AEST ERG was 0.5c, or 3% higher to 16c

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