Highlights

  • New multi-year traffic enforcement contract signed with the ACT Government.
  • Initial five-year term valued at approximately $63 million (excluding GST).
  • Total contract value of as much as approximately $210 million if both extension options are exercised.
  • Staged rollout expected to begin in mid-2027.

Road-safety technology provider Acusensus Limited (ASX:ACE) expanded its relationship with the ACT Government through a new territory-wide traffic enforcement agreement. The five-year initial contract widened the company’s remit from specialist detection services to a broader mix of cameras, enforcement functions and supporting software.

What the New Agreement Covers

Under the agreement, Acusensus will provide, operate and maintain enforcement cameras, along with mid-office software that allows the Territory to carry out adjudication processes. Services is set to be delivered through a mix of software, fixed-site and transportable enforcement solutions.

These include multifunction trailer-based enforcement for combinations of mobile phone, seatbelt, speed, average speed and vehicle of interest detection, as well as trailer-based and vehicle-based speed enforcement and fixed-site red-light and speed cameras. The staged rollout of these replacement and expanded solutions is projected to begin in mid-2027.

From Detection to Wider Enforcement

Founder and Managing Director Alexander Jannink said the contract elevates the company’s role in the ACT from a specialist detection provider to a comprehensive enforcement partner, adding red-light, speed and average speed enforcement to its existing mobile phone and seatbelt detection services.

He noted Acusensus’ long-standing relationship with the ACT Government and its support for the Territory’s Vision Zero road safety objectives. With this contract, the ACT joins Western Australia in using the company’s full multifunction enforcement camera solutions.

Operations Beyond the Territory

In addition to the ACT, Acusensus holds contracts for mobile phone, or mobile phone and seatbelt, enforcement in New South Wales, Queensland, South Australia and Western Australia. It also runs speed enforcement programs in New South Wales, Queensland and Western Australia, along with other international customers.

Founded in 2018 and listed on the ASX in January 2023, Acusensus is headquartered in Melbourne with offices across Australia, New Zealand, the United Kingdom and the United States. It also offers a road worker safety system under its Forsite brand.

Rollout and Contract Options