Q-Free picks up seven-year Vegfinans toll deal

Contract begins in January 2024 with Norwegian regional road operator
By Adam Hill May 16, 2023 Read time: 1 min
Work covers service and maintenance for 23 toll stations (© Szefei | Dreamstime.com)

Q-Free has won a $2.5m contract with Norwegian regional toll operator Vegfinans - it follows a frame agreement that the companies have had since 2020.

The contract will go live on 1 January 2024, and involves service and maintenance for seven years of a total of 23 toll stations in the eastern part of the country.

Q-Free will replace the existing supplier in six of these stations.

This contract is the eleventh signed by Q-Free in Norway in the past 18 months, the company says - and the second with Vegfinans.

Vegard Thomassen, VP Norway and Denmark operations, said the project has "a very tight timeline for delivery". 

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • ITS in the Nordic states
    April 7, 2021
    Denmark, Norway, Finland and Sweden are quietly embracing advanced traffic technologies.
    Read More
  • Taiwan to go all-electronic free flow tolling
    November 28, 2013
    Taiwan’s 900 kilometres of toll roads will transition to all-electronic free flow operations early next year. The roads, which include three north-south routes with 22 toll points, carry out around 1.7 million transactions a day, generating some US$700 million of annual toll revenue. Private contractor Far Eastern Electronic Toll Collection Company (FETC), under contract to the National Freeway Bureau to collect the tolls, says that the IR-based toll system worked well and some 43 per cent of transactio
    Read More
  • Financing agreed for Q-Free Jakarta contract
    July 30, 2013
    Q-Free has confirmed that a loan agreement has been signed between Export Credit Norway and PT Rin Indonesia Jaya, a subsidiary of PT Inovisi Infracom Tbk, for part financing of the contract signed in 2011 for an electronic law enforcement (ELE) project. As part of the financing agreement, PT Inovisi Infracom Tbk has signed a parent company guarantee for the loan. The loan will be released upon initial payment of US$6 million to Q-Free, which will also mark the start-up of the project. The loan from Expor
    Read More
  • Q-Free tolling system for Sydney Harbour Bridge
    September 26, 2012
    Norwegian headquartered Q-Free, supplier of road user charging solutions and advanced transportation management systems, has been awarded a contract by Roads and Maritime Services (RMS) in Australia for the design, supply and installation of an electronic tolling system for the iconic Sydney Harbour Bridge. The contract, worth US$5.7 million with additional options worth approximately US$2.9 million, comprises the supply and delivery of a roadside system, based on the company’s unique single gantry tolling
    Read More

Highlighted Content