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Sensys Gatso extends the East Providence, Rhode Island TRaaS contract by five years, increasing the contract value by SEK 65 million
13-03-2025
Sensys Gatso Group, a global leader in traffic safety solutions, through its subsidiary, Sensys Gatso USA, has executed a new 5-year automated enforcement contract with the City of East Providence, RI. The total contract value is estimated to be worth up to USD 6.5 million, corresponding to SEK 65 million, and extends the initial contract, signed in December 2020. The TRaaS contract with the city of The East Providence program is a combination of red light and school zone speed enforcement systems. The agreement also includes the opportunity to add systems.
The Sensys Gatso PULS and Xilium software platforms drive the industry leading red light and speed enforcement camera systems. All elements of the automated traffic enforcement solution are delivered to the City of East Providence by Sensys Gatso.
Sensys Gatso has partnered with East Providence for almost five years, the initial five-year contract signed in December 2020 was valued at USD 4 million. The current contract, effective December 31, 2025, adds an additional five years. The 2025 contract is valued at USD 6.5 million, the increase is due to program expansion.
“We are very happy to extend our partnership with the City of East Providence continuing to deliver safer roads for their community”, said Sensys Gatso USA President and Managing Director, Bill Braden. “We value the trust given to Sensys Gaso to help with the City’s safety initiatives. I want to thank the community leaders and police department for the confidence they have in Sensys Gatso.”
This information is information that Sensys Gatso Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person, at 11.25 on March 13, 2025.
For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: investors@sensysgatso.com
Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 302 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.
For further information, visit www.sensysgatso.com