Q-Free withdraws from ERP tender process in Indonesia

Tolling specialist Q-Free has withdrawn from a tender process for an electronic road pricing (ERP) system in Jakarta, Indonesia, due to uncertainty on the tender timeline and outcome. This withdrawal decision is also based on uncertainty regarding project structure and financing and expected project profitability. The company says it intends to increase recurring revenues and reduce its reliance on single large projects, and will be more selective when it comes to which contracts it pursues. The
December 17, 2018 Read time: 1 min
Tolling specialist 108 Q-Free has withdrawn from a tender process for an electronic road pricing (ERP) system in Jakarta, Indonesia, due to uncertainty on the tender timeline and outcome.


This withdrawal decision is also based on uncertainty regarding project structure and financing and expected project profitability.

The company says it intends to increase recurring revenues and reduce its reliance on single large projects, and will be more selective when it comes to which contracts it pursues.

The organisational and financial impact of withdrawing from the ERP process will be revealed in due course, Q-Free adds.

In October, Q-Free was chosen by road infrastructure operator Sociedad Concesionaria Vespucio Norte Express to service and maintain %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external roadside equipment false http://www.itsinternational.com/categories/charging-tolling/news/q-free-wins-nok30-million-tolling-contract-in-chile/ false false%> in Chile in a seven-year contract, valued approximately valued NOK30 million (£2.7 million).

Charging, Tolling & RUC

For more information on companies in this article

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