The Cost to Install a Smart Signal System is approximately $46,000 CAD to $50,000 CAD per Intersection in Peterborough, Ontario.
Smart Signal System Cost Data from the City of Peterborough
Peterborough
A Smart Signal System, also known as an Adaptive Traffic Signal Control System, uses specialized software and field equipment to collect continuous, real-time data on traffic volumes, speeds, travel times, and congestion along a roadway corridor that allows the system to make real-time adjustments to signal timing to optimize traffic flow within a road network. In Peterborough, smart signal systems were tested on a 1.75 km pilot corridor on Lansdowne Street.
The estimated cost for the Smart Signal System is approximately $46,000 CAD to $50,000 CAD per intersection.
Smart Signal Pilot Project Update, Report IPSTR22-012
The estimated cost for the Smart Signal System is approximately $46,000 CAD to $50,000 CAD per intersection.
