The project covers design and installation phases over a period of one and a half years, as well as a concession to operate the system for seven years, with anoption to extend the operation for three years. The sale and delivery of 250,000 contactless passes is also included.
In addition, CS will ensure maintenance and upgrades for the system throughout the contract period. Commissioning of the system is scheduled for June 2008, with traffic estimates ranging up to 120,000 vehicles per day.
CS is partnering with Sanef for this operation, which is worth a total of € 113 million. The partners have created a joint company in Ireland, Beteire Flow, owned respectively through a 20-percent and an 80-percent shareholding agreement.