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TransCore Awarded Contract from Utah Department of Transportation - Utah Department of Transportation (UDOT) has selected TransCore to convert the existing Interstate 15 Express Lanes decal system to an electronic, radio frequency identification (RFID)-based payment system
TransCore Awarded Contract from Utah Department of Transportation

 

NewswireToday - /newswire/ - Carrollton, TX, United States, 2009/09/18 - Utah Department of Transportation (UDOT) has selected TransCore to convert the existing Interstate 15 Express Lanes decal system to an electronic, radio frequency identification (RFID)-based payment system.

   
 
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Utah Department of Transportation has selected TransCore to convert the existing Interstate 15 Express Lanes decal system to an electronic, RFID-based payment system. This type of system is the first in Utah.

The contract encompasses system design, installation, integration, Encompass 6® multiprotocol RFID readers and the new RFID-based eZGo Anywhere™ HOT/HOV transponders. The contract is valued at approximately $16 million, which includes a 9-year maintenance option. Installation is scheduled for completion by fall of 2010.

The new electronic payment system will enable UDOT to dynamically adjust the pricing based on traffic conditions. Motorists pay only for their actual usage of the lane instead of the fixed fee for a monthly decal. This system will help UDOT to further reduce congestion and travel times in all lanes.

The dynamic pricing system is built around a traffic-condition algorithm. Software collects traffic flow data from the Express and general-purpose lanes to calculate a price that optimally matches demand. The algorithm will use data provided by UDOT’s TransSuite® traffic management system, supplied by TransCore under a previous contract.

“TransCore’s traffic engineering experience, particularly within Utah, and our knowledge implementing every aspect of electronic toll collection systems, from system integration to manufacturing RFID technology, allows us to speed the implementation process for UDOT,” said John Simler, president of TransCore’s Intelligent Transportation Systems Group.

TransCore is a pioneer in the development of dynamic pricing systems. TransCore will serve as the prime contractor for UDOT with other members of the team including Gerber Construction, Sorenson Companies, HDR Engineering, and Chatfield Construction Company. TransCore has supported UDOT over the past 14 years, serving as their ITS Systems Manager as UDOT developed and installed an advanced traffic management system.

About TransCore
With installations in 46 countries, more than 100 patents and pioneering applications of RFID, GPS and satellite communications technologies, TransCore's technical expertise is unparalleled in the markets it serves. TransCore's 70-year heritage spans the development of RFID transportation applications at Los Alamos National Labs to implementation of the nation's first electronic toll collection system.

TransCore’s extensive global experience with tolling systems includes more than 7,400 installed electronic toll collection lanes worldwide and 22 customer service centers. TransCore (transcore.com) offers an extensive suite of enterprise software applications, business process outsourcing, system integration, customer care and maintenance services to provide complete solutions, configurable to customers’ requirements. In 2009, Engineering News-Record (ENR) ranked TransCore No. 145 out of the Top 500 Design Firms. TransCore operates as a unit of Roper Industries.

Roper Industries is a market-driven, diversified growth company with trailing twelve month revenues of $2.3 billion, and is a component of the Fortune 1000, Standard & Poor’s S&P Mid-Cap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.

Contacts
Utah Department of Transportation
Adan Carrillo, Public Information Officer
P: 801-965-4224 / E: acarrillo[.]utah.gov.

 
 
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Written by / Agency / Source: TransCore

 
 

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TransCore Awarded Contract from Utah Department of Transportation

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Publisher Contact: Barbara Catlin - TransCore.com 
214-461-6440 Barbara.catlin[.]transcore.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TransCore securities in any jurisdiction including any other companies listed or named in this release.

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