Acusensus (ASX:ACE) bagged a contract with the New Zealand Transport Authority Waka Kotahi for a nationwide enforcement of mobile speed camera in a deal worth roughly NZ$5.2 million, according to a Wednesday filing with the Australian bourse.
The establishment settlement of work will start immediately and continue until June 30, 2025, while the service delivery statement of work will start on July 1, 2025, until November 2029, with two options to extend for up to two years each.
The New Zealand government earmarked NZ$92 million for the project, subject to final negotiations, the filing said.
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