- A subsidiary of Quarterhill (QTRH), Electronic Transaction Consultants (ETC) partners with the TBTA to deliver and operate the EZIOP hub for E-ZPass
- E-ZPass is an electronic toll collection system used on toll roads, bridges and tunnels
- The initial term of the contract is ten years with one 3-year option
- The contract is valued at US$21.5 million
- Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry
- Quarterhill Inc. ended the day’s trading at $2.47, with a gain of $0.03 or 1.23 per cent
The Triborough Bridge and Tunnel Authority (TBTA) and Quarterhill (QTRH) subsidiary ETC are partnering to implement the E-ZPass Interoperability (EZIOP) Hub.
E‑ZPass is an electronic toll collection system used on toll roads, bridges and tunnels.
TBTA will oversee the procurement and implementation of the EZIOP Hub project on behalf of the E-ZPass Interagency Group (IAG) member agencies.
The initial term of the contract is ten years with one (1) 3-year option, and the contract is subject to customary terms and conditions and valued at US$21.5 million.
The EZIOP Hub is intended to enable a streamlined exchange of transaction data via a centralized interoperability hub between E-ZPass member agencies, third parties, and other Regional Hubs.
The project accommodates a flexible phased adoption of national interoperability (NIOP) standards via the Enhanced Interface Control Document (ICD) and is expected to pave the way for multimodal interoperability expansion to support member agencies’ future integrated mobility initiatives.
The IAG consists of member agencies in multiple states, servicing more than 32 million accounts, 49 million tags and the collection of over $12.1 billion dollars in electronic toll revenues.
According to IAG, it is the largest toll interoperability network in the world.
“We are honoured and excited to be the technology and operations partner for the EZIOP Hub,” said ETC’s Chief Executive Officer Kevin Holbert.
“We fully appreciate the criticality of this program for all E-ZPass agencies and their customers, the strategic significance of EZIOP for the mobility industry, and the confidence placed in ETC by the member agencies,” he added.
ETC is a leading U.S. intelligent transportation systems provider, developing and delivering best-in-class solutions for tolling, congestion management, smart mobility, and multimodal transportation initiatives.
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in intellectual property licensing.
Quarterhill Inc. (QTRH) ended the day’s trading at $2.47, with a gain of $0.03 or 1.23 per cent.
