Business
IRD Awarded $13.8 Million Contract in New York State
IRD Awarded $13.8 Million Contract in New York State Canada NewsWire ...
About this update from Quarterhill Inc
[{"type":"text","content":"\n \n \n \n IRD Awarded $13.8 Million Contract in New York State\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n IRD will ensure optimal system performance at 68 traffic monitoring sites in the Western part of\n \n New York State\n \n for the\n \n New York State\n \n Department of Transportation (\"NYSDOT\")\n \n \n \n \n A number of sites will utilize IRD's iTHEIA AI-powered, non-intrusive data collection solution which offers improved safety and cost-effectiveness vs. traditional automated traffic recorders\n \n \n \n \n The traffic data from IRD's systems will help NYSDOT achieve its mission to ensure that people who live, work and travel in\n \n New York State\n \n have a safe, efficient, balanced and environmentally sound transportation system\n \n \n \n \n \n \n SASKATOON, SK\n \n \n ,\n \n \n July 25, 2022\n \n \n /CNW/ - International Road Dynamics Inc. (\"IRD\"), a Quarterhill Inc. (\"Quarterhill\") company (TSX: QTRH) (OTCQX: QTRHF), announced today that the\n \n New York State\n \n Department of Transportation (\"NYSDOT\") has awarded IRD a two year,\n \n $13.8 million\n \n contract for installation and maintenance of permanent traffic data collection systems. IRD will be responsible for all parts, equipment, materials, labour and technical expertise to successfully repair, upgrade, install and maintain traffic data collection sites across\n \n New York State\n \n . All financial information in this press release is reported in Canadian dollars unless otherwise indicated.\n \n \n The scope of the contract includes the provision of repair and maintenance services for the State's existing count, classification and weigh-in-motion sites – ensuring uptime of 95% or better – and the installation of new sites to grow and enhance the NYSDOT data collection program.\n \n \n NYSDOT collects, summarizes and interprets information about the traffic that uses the State's highway system. The data is used to assess transportation needs and highway infrastructure performance, and to develop highway plann...