Quarterhill Secures $10.7 Million Extension with Illinois Tollway for Tolling Operations
Event summary
- Quarterhill extends three-year contract with Illinois Tollway valued at $10.7 million, running from January 31, 2026, through January 30, 2029.
- The agreement focuses on supporting and enhancing legacy back-office and roadside transactional systems for toll collection.
- Quarterhill will provide operational support and system enhancements to ensure seamless integration and system reliability.
- The contract supports the Illinois Tollway's Toll Revenue Management and Maintenance Program.
The big picture
Quarterhill's contract extension with Illinois Tollway underscores the growing importance of intelligent transportation systems in managing toll revenue and maintaining infrastructure reliability. This deal highlights the strategic role of technology in enhancing operational efficiency and customer experience in the transportation sector. The $10.7 million contract reflects the scale of investment in modernizing tolling operations and ensuring seamless integration with existing systems.
What we're watching
- Execution Risk
- How Quarterhill's ability to deliver on system enhancements and integration will impact the contract's success.
- Market Position
- Whether this extension reinforces Quarterhill's long-term service to transportation agencies and its collaborative approach.
- Modernization Initiatives
- The pace at which Quarterhill can support Illinois Tollway's long-term operational and modernization goals.
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