07:36 AM EST, 01/06/2025 (MT Newswires) -- Quarterhill ( QTRHF ) on Monday said it won a US$40 million contract to upgrade the Alameda County Transportation Commission (Alameda CTC) I-580 Express Lanes tolling system.

The 17-month project also includes seven years of operations and maintenance. The California county may also procure up to four additional years of operations and maintenance for an additional US$15 million, a statement said.

The electronic express lanes will give drivers the option to bypass congested traffic segments under certain conditions. The project, which incorporates Quarterhill's ( QTRHF ) tolling system to improve mobility and alleviate congestion, will make the company the county's sole express lane electronic toll collection system provider until 2032 with potential extensions until 2036.

"This initiative will streamline operations, ensure uniformity in the application of business rules across Alameda CTC's network, and provide greater maintenance efficiency," said Quarterhill ( QTRHF ) Chief Executive Chuck Myers.