IRD Awarded US $2.0 Million Commercial Vehicle Electronic Screening Maintenance Contract in New York

International Road Dynamics Inc., a Quarterhill Inc. company, announced that it has been awarded a contract to provide end-to-end support and maintenance services for five Weigh-In-Motion (WIM) systems located in New York State for their Commercial Vehicle Electronic Screening Program.  This service agreement is valued at $2.0 million for a 5-year period.  All financial figures are in US dollars unless otherwise stated.

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IRD will be working as a subcontractor to Intelligent Imaging Systems (IIS), which carried out the installation and will maintain the Commercial Vehicle E-Screening portions of the systems within the State.  These systems utilize weight compliance and credential data to perform a pre-clearance function, determining which vehicles bypass an inspection site and which vehicles should be detained for further inspection/enforcement activities.

IRD’s contract provides for the maintenance of the WIM systems located in New York, Orange, Rensselaer, and Saratoga counties.  Maintaining these systems is a vital element in support of commercial vehicle enforcement operations that play a pivotal role in infrastructure preservation and asset management throughout New York State advancing the safety of the general traveling public.

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Mr. Rish Malhotra, IRD’s President and CEO commented, “IRD has been a long-term systems and service supplier to the New York State Department of Transportation, and we are pleased to be working with IIS to expand our ongoing relationship with the State.  IRD continues to sign significant new agreements within our service and maintenance markets, increasing recurring revenue in our business.  Such contracts add to the predictability and stability to our future financial performance.”

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