Acusensus Extends Mobile Speed Camera Contract in NSW
Key points
- Contract extension for six months with an option for another six months
- Contract value for each six-month period is approximately $16 million
- Tender process for a new long-term contract is ongoing
Full summary
Acusensus Ltd, a technology company specializing in AI-enabled road safety solutions, has extended its Mobile Speed Camera Services Agreement with Transport for New South Wales (TfNSW) for an initial six-month period, with an option for an additional six-month extension. The contract, valued at approximately $16 million per six-month period (excluding GST), will run from 1 July 2026 to 31 December 2026, with an option to extend until 30 June 2027. The tender process for a new long-term contract is ongoing.
Guidance
Contract value for each six-month period is approximately $16 million
Outlook
The tender process for a new long-term mobile speed camera services contract with TfNSW remains ongoing.
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