Acusensus Extends New South Wales Mobile Speed Camera Contract
MT Newswires Live
5 hours ago
Acusensus (ASX:ACE) has secured a further six-month extension to its mobile speed camera services agreement with Transport for New South Wales (NSW), extending the contract through to June 30, 2027, according to a Thursday filing with the Australian bourse.
The additional six-month extension is estimated to have a contract value of around AU$16 million, per the filing.
The tender process for a new long-term mobile speed camera services contract with Transport for NSW remains ongoing, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.