Opus Inspection awarded a Third Concession in Chile
Posted August, 2015
|Contact: Jim Sands
Phone: (860) 392-2174
Fax: (860) 392-2105
9:00 a.m. EDT, August 13, 2015
The Ministry of Transportation and Telecommunications (MTT) in Chile has announced that Opus Inspection’s subsidiary in Chile will be awarded a concession to design, build, and operate vehicle inspection stations in Santiago de Chile (Region Metropolitana). Under the 8-year contract, the company will establish three, modern, inspection stations in the metropolitan area of Santiago.
“We are pleased that for the third time now, the MTT selected our company for the award as a result of a public tender,” said Jim Sands, President of Opus Inspection. “Together with the two concessions already awarded in neighboring regions, our new inspection stations in the Greater Santiago area strengthen our position in the Chile vehicle inspection business. We are looking forward to working with the MTT to implement a successful new inspection program.”
The new inspection stations in Region Metropolitana will perform about 125,000 roadworthiness and emissions inspections per year at a fee of CLP 7,900 per inspection. The contract is expected to start generating revenues in the second part of 2016.
Opus Inspection is part of Opus Group and provides turnkey vehicle inspection program management contract services to various levels of government agencies (federal, state and regional) and world-class products to individual inspection stations. Opus Group’s share is listed on Nasdaq Stockholm under the ticker OPUS.