Brief: Kapsch Trafficcom Says Intention To Commission Co With Contract For Stationary Enforcement Of German Passenger Car Toll

Kapsch TrafficCom AG

10/10/2018 22:19

Oct 10 (Reuters) - Kapsch Trafficcom AG  KTCG.VI :
    * KAPSCH TRAFFICCOM AG - INTENTION TO COMMISSION KAPSCH
TRAFFICCOM
WITH A CONTRACT FOR STATIONARY ENFORCEMENT OF GERMAN PASSENGER
CAR TOLL
    * KAPSCH TRAFFICCOM - RESPONSIBLE CONTRACTING AUTHORITY
INFORMED
CO OF INTENTION TO AWARD CONTRACT TO MTS MAUT & TELEMATIK
SERVICES GMBH, A UNIT OF CO
    * KAPSCH TRAFFICCOM AG SAYS CONTRACT HAS A BASE TERM OF
TWELVE
YEARS STARTING WITH FIRST COLLECTION OF INFRASTRUCTURE CHARGE
    * KAPSCH TRAFFICCOM AG SAYS FEDERAL REPUBLIC OF GERMANY CAN
EXTEND
CONTRACT ONCE FOR THREE YEARS OR THREE TIMES BY ONE YEAR
    * KAPSCH TRAFFICCOM - DEPENDING ON EXTENT OF ADDITIONAL
DELIVERABLES TO BE SUPPLIED, ORDER VOLUME CAN BE IN RANGE OF
(FOR TOTAL TERM) LESS THAN EUR 100 MILLION UP TO EUR 120 MILLION

Source text for Eikon:  ID:nEu6JnZMf 
Further company coverage:  KTCG.VI 

 ((Reuters.Briefs@thomsonreuters.com;))