Quarterhill awarded $40M contract to upgrade Alameda CTC I-580 express lanes

Quarterhill (QTRHF) announced that has been awarded a contract valued at $40M to upgrade the Alameda County Transportation Commission I-580 Express Lanes. The project will be implemented over 17 months and includes seven years of operations and maintenance. The contract provides Alameda CTC with the option to procure up to four additional years of operations and maintenance at an additional cost of $15M.