TD awards Contracts for Procurement cum Management, Operation and Maintenance of New Generation of Parking Meter System (with photo)

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     The Transport Department (TD) announced today (May 20) that it has signed Contracts for Procurement cum Management, Operation and Maintenance of New Generation of Parking Meter System with a joint venture between Hong Kong Telecommunications Limited and Flowbird. The joint venture will be responsible for replacing existing parking meters in the territory and managing, operating and maintaining the new generation of parking meters.
 
     The duration of the contracts is 11 years with a total contract sum of $682 million, including one year for system development and 10 years for management, operation and maintenance services.
 
     The TD conducted an open tender in October 2018. By the tender closing date on December 21, 2018, tender submissions from a total of six companies had been received. After thorough assessment, the joint venture was selected for the award of the contracts.
 
     The new generation parking meter system is one of the Smart Mobility initiatives set out in the Smart City Blueprint for Hong Kong. The new parking meters will support multiple payment means including remote payment through mobile applications, be equipped with vehicle sensors to detect whether a parking space is occupied, and provide real-time information to assist motorists in finding vacant parking spaces.
 
     The TD, in collaboration with the Electrical and Mechanical Services Department, will start development works for the new generation parking meter system with the joint venture as soon as possible, with a view to commencing the installation of the new parking meters by phases from early 2020 and completing the replacement of all existing parking meters in the territory in early 2022.
 
     Furthermore, the TD will conduct a tender for Fee Collection Service Providers by mid-2019 for the provision of parking fee collection and settlement services. The tender exercise aims to encourage interested parties to propose diversified payment means, including using the Faster Payment System, to facilitate the payment of parking fees. The payment means adopted for the new parking meters eventually will be subject to the results of the tender.
 
     At present, some 9 700 parking meters accepting only Octopus cards for payment of parking fees are installed in the territory to control 18 000 on-street parking spaces. These parking meters, which have been in use since 2003-04, will soon approach the end of their serviceable life and need to be replaced. In addition to replacement of existing parking meters, the TD will identify additional road-side parking spaces with the installation of the new generation parking meters, in order to meet parking needs in various districts.

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