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Tolling specialist Q-Free has withdrawn from a tender process for an electronic road pricing (ERP) system in Jakarta, Indonesia, due to uncertainty on the tender timeline and outcome.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Tolling specialist 108 Q-Free has withdrawn from a tender process for an electronic road pricing (ERP) system in Jakarta, Indonesia, due to uncertainty on the tender timeline and outcome.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 & Road Pricing

For more information on companies in this article

Related Content

October 5, 2018

Q-Free wins NOK30 million tolling contract in Chile

Tolling specialist Q-Free has been selected by road infrastructure operator Sociedad Concesionaria Vespucio Norte Express to service and maintain roadside equipment in Chile. The seven-year year contract is approximately valued NOK30 million (£2.7 million). Håkon Volldal, president and CEO of Q-Free, says: “We are pleased to continue our services to Vespucio Norte and strengthen our presence in the growing Chilean tolling market.”
January 4, 2019

FastGo brings ride-hailing services to Myanmar

Vietnamese firm FastGo has launched its ride-hailing, delivery and catering services in Myanmar as part of a strategy to grow its business in 2019. A report by The Saigon Times says the company intends to attract two million users and 100,000 driver-partners this year in Myanmar’s major cities and provinces. In the coming years, FastGo is expected to form partnerships in Myanmar and Vietnam to help make its services and products more popular. In October 2018, FastGo announced its plans to enter Myanmar
December 17, 2018

Kapsch to deploy tolling roadside systems in Australia

Kapsch TrafficCom Australia is to deliver a tolling roadside system for two projects in Melbourne and Sydney for a combined value of AUD$30 million (£17m). In Melbourne, Kapsch’s tolling technology will be utilised in the West Gate Tunnel Project, an initiative which seeks to establish a second river crossing in the city and remove thousands of trucks from residential streets. Part of an agreement between two contractors: CPB Contractors John Holland Joint Venture (CPBJH JV), the full scope of the contr
boombox1

Highlighted Content

boombox2