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ETC Corp wins $88 million tolling contract

The Port Authority of New York and New Jersey has awarded a contract, valued at approximately $88 million, to Electronic Transaction Consultants Corporation (ETC Corporation) to provide a facility-wide replacement toll collection and audit system as well as related system maintenance services. Under the contract, ETC will implement its latest-generation Rite solution on the Port Authority’s toll facilities to deliver a number of advanced system features including a sophisticated toll data warehouse, an adva
June 22, 2012 Read time: 2 mins
The 1698 Port Authority of New York and New Jersey has awarded a contract, valued at approximately $88 million, to 45 Electronic Transaction Consultants Corporation (ETC Corporation) to provide a facility-wide replacement toll collection and audit system as well as related system maintenance services.

Under the contract, ETC will implement its latest-generation Rite solution on the Port Authority’s toll facilities to deliver a number of advanced system features including a sophisticated toll data warehouse, an advanced enterprise reporting solution, and a visual toll auditing system. The company’s solution is designed to support the Port Authority’s anticipated growth and enable the potential implementation of additional open road tolling lanes in the future.

The new system will replace the Port Authority’s existing toll collection solution on its four bridges and two tunnels which, in 2010, collected tolls from 242 million vehicles and generated $960 million in revenues.

The ETC Corporation project team includes locally based subcontractors including STV Incorporated, which will provide civil engineering and design work; T. Moriarty & Son, which will perform construction services; and H&L Electric, which will act as the electrical contractor for the project.

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