Traffic Technologies Ltd (TTI) is pleased to announce that it has been awarded a $12.3 million contract by VicRoads for the replacement of incandescent and hybrid (incandescent and quartz halogen) traffic signals, with LED traffic signals at over 700 intersections within the Metropolitan South East, Metropolitan North West, Western and South Western Regions of Victoria. The award of this contract which will be delivered over a 65 week time frame, is an important milestone for the Company as this is the first supply and install of a new generation “Dual Voltage 240/42v LED Signal” in Australia, which has been designed and manufactured by TTI’s wholly owned subsidiary, Aldridge Traffic Systems.
The new generation LED traffic signals are significantly more energy efficient, require less maintenance, have lower carbon emissions and, due to the secondary extra low voltage 42v when switched, are safer than previous models. This contract win reinforces the Company as the market leader in the design and manufacture of LED traffic signal technology.
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Tags: New contract, Traffic signals, Traffic Technologies, TTI
