Conduent will work and retain various tolling zones of the I-64 Convey Lanes community in the Hampton Roads location
Conduent engineering will permit dynamic pricing and license plate image assessments, as perfectly as motor vehicle occupancy detection, to make improvements to visitors flow and reduce congestion
FLORHAM PARK, N.J. , Sept. 13, 2021 (Globe NEWSWIRE) — Conduent Transportation, a global small business unit of Conduent Incorporated (Nasdaq: CNDT), currently introduced a contract from the Virginia Division of Transportation (VDOT) to design, implement and run categorical tolling lanes along Interstate 64 in the Hampton Roads area of the condition. The company’s technology will help versatile, dynamic pricing and license plate image assessments, as very well as the alternative to carry out motor vehicle occupancy detection — all to make improvements to the circulation of website traffic and relieve congestion.
Subsequent a 16-thirty day period implementation interval involving technique structure, tests and set up, Conduent will work and sustain multiple tolling zones of the I-64 Categorical Lanes community. VDOT will use details analytics to decide toll costs primarily based on the volume of traffic during various periods of the working day. The lanes and technique are at present predicted to be completed by the finish of 2022.
The deal, valued at around $51 million, contains a 3-12 months foundation term additionally a whole of nine just one-12 months choices.
Conduent provides mission-essential services and methods on behalf of corporations and governments – building exceptional outcomes for its customers and the thousands and thousands of men and women who rely on them. By means of course of action, technology, and our various and committed associates, Conduent solutions and expert services automate workflows, boost efficiencies, decrease prices, and permit earnings expansion. It’s why most Fortune 100 firms and above 500 govt entities rely on Conduent each day to regulate their critical interactions and transfer their functions ahead.
Conduent’s differentiated products and services and answers boost ordeals for tens of millions of people today every day, which includes a few out of each and every 4 U.S. insured sufferers, 10 million personnel who use its HR Providers, and virtually 18 million rewards recipients. Conduent’s options produce exceptional results for its purchasers, like $16 billion in cost savings from professional medical monthly bill review of staff payment claims, up to 40% efficiency enhance in HR operations, up to 27% reduction in authorities advantages prices, up to 40% advancement in finance, accounting and procurement price, and enhanced shopper service conversation instances by up to 20% with larger finish-consumer gratification. Discover far more at https://www.conduent.com.
Media Make contact with:
Neil Franz, Conduent, +1-301-820-4324, [email protected]
Trader Relations Make contact with:
Giles Goodburn, Conduent, +1-203-216-3546, [email protected]
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