Portuguese motorway operator Ascendi has signed a five-year extension of its service and maintenance agreement with Q-Free in Portugal.
Q-Free will provide back-office services, remote monitoring, and field service for multi-lane free-flow tolling systems delivered to Ascendi, which is also an official partner of Road User Charging Conference 2023 – the world’s longest-running, independent annual gathering of the world’s tolling, road pricing and ITS experts.
The contract has a guaranteed total value of approximately NOK 148,000,000 (£12,500,000) over the coming five years with options to further extend the contract period.
“We are very pleased to continue our close collaboration with Ascendi, which has been a customer of ours since 2009,” said Trond Christensen, Q-Free interim CEO.
“Under the new contract Q-Free will continue to provide best-in-class service and maintenance of Ascendi’s upgraded tolling infrastructure. This contract is a part of Q-Free’s growing base of recurring revenues.”
You can learn more about the key trends and challenges affecting senior decision-makers who have responsibility for tolling, intelligent transportation systems and road pricing across the world at the 20th annual Road User Charging Conference in Brussels, Belgium on 07-08 March 2023. Click here for more information.
