Acusensus awarded major territory-wide contract with the ACT
Key points
- Acusensus awarded new multi-year contract with the ACT Government.
- Contract value is approximately $63m for initial five years, up to $210m if options are exercised.
- Contract includes red-light, speed, and average speed enforcement.
Full summary
Acusensus Limited, a technology company specializing in artificial intelligence enabled road safety solutions, has signed a new multi-year contract with the Australian Capital Territory (ACT) Government for traffic enforcement services. The contract, valued at approximately $63 million for the initial five years, includes options to extend the term by up to an additional ten years, potentially raising the total contract value to $210 million. The services will include the provision of transportable and fixed enforcement camera solutions for the detection of road safety offenses such as mobile phone use, seatbelt compliance, speeding, and average speed violations.
Guidance
Initial contract value $63m (FY27), potential total value $210m
Outlook
Acusensus expects to expand its role in the ACT and potentially increase its presence in other territories with similar contracts.
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