The Asian company based in Nashville will be able to keep a contract with a value of $ 1.73 billion, which last year won to keep an electronic collection system for downloading e-ZPASPS at New Jersey Turnpike and other state roads.
Judgment in favor TranscoreThe subsidiary of the company from Singapore was part of the 105-page discovery by the New Jersey Turnpike Authority (NJTA) official, which was published on Tuesday evening. Transcore also works with Pennsylvania Turnpike Commission To provide electronic roadside on this road.
The decision is condemned by GuideThe main rival of Transcore for an 11-year contract, partly because of what he called national security issues. The company based in Newark has concluded an E-ZPASPS contract for Timonpike for the last 22 years. It will continue to be responsible in the transition period, which ends in October 2027, when Transcore takes control.
“NJTA’s decision is full of actual errors, misunderstandings and misleading statements,” we read in the Condent statement. He added that there are “implications of national security for the foreign government of Transcore ownership” that the authority “rejects” Turnpike.
Some legislators from New Jersey agree with the Condenta security problems, saying that private driver information collected from E-ZPASS can be used by foreign entities.
Republican state of state of New Jersey Mike Testa, who represents the parts of Atlantic, Cape May and Cumberland, introduced Bill Last month, in legislation, excluding every contractor for state information providing foreign information with an opponent.
“We must do everything in our power to make sure that confidential information does not fall into the wrong hands,” Testa said in a statement. The bill was sent to the State Senate, the Control Committee, Tourism and the Historical Protection Committee, where he is awaiting consideration, according to Kasey Dearden, the Chief of Staff Tests.
The Conduent also banned the Turnpike Office in New Jersey Za, among other things, throwing his offer that came $ 250 million under Transcore.
After losing to Transcore in September in September, officials carried out the so-called offer-the reference-the conviction of Njt to reverse the decision.
Turnpike officials carried out a trial in January to take a protest. Thomas Holl, the director of the NJTA and designated officer for interrogations, decided the matter, explaining his findings in report.
According to the findings of Holl, the parent company Transcore, Science Technologies Engineering From Singapore – a global group of technology, defense and engineering – he has as the largest shareholder mentioned by the investment company Temasek Holdings.
Temasek is the property of the Singapore government. Fu Chengyu, a Chinese citizen with connections with the advisory body of the Chinese Communist Party, was a member of the board of Temasek. He replaced in November last year.
But Holl wrote in his report that the Conduent claims “without evidence support” that FU still has an impact on Temasek.
Holl added that “lack of evidence” was not presented to NJTA excessive foreign influence on Transcore activities by the Chinese government or any other foreign nation. Holl said that the belief that Transcore ownership by Singapore is a threat to data security “is unfounded and rejected accordingly.”
He added: “The conduient’s arguments on this subject are nothing more than exercise in speculation and hyperboli-overwhelmed accusations, aimed at sitting fear and causing negative public sentiments in order to put an emphasis on repealing her well justified and well-served decision.”
Despite this, the idea that something wicked among Transcore, Temasek and China was attended by Something Among Transcore, Temasek and China.
One of them is the former democratic senator Robert Torricelli from New Jersey, who is a consultant Press reports. Torricelli said that a company like Transcore with access to American fee systems is “worse” than any potential threats from Tiktok.
“I would prefer the Chinese to know what I was watching on Tikktoku than the Chinese who monitor my car up and down the horned in New Jersey,” he said.
In February last year in letter To the Republican US representative Jeff Van Drew, Whitt Hall, president and general director of Transcore, wrote: “There is no relationship between Transcore or his home company … with the Chinese communist party.”
Nevertheless, Van Drew said on Wednesday that NJTA made a “bad decision”, taking into account the “risk of national security related to the granting of this transcore agreement”. Van Drew represents all Atlantic, Cape May, Cumberland and Salem, as well as parts of Gloucester and Ocean.
Commenting on the alleged alliance in Singapore-Chin, Marc Pfeiffer, Deputy Director Bloustein Local Government Research Center at the University of Rutgers said: “It is important to remember that Singapore is a separate country from China and is not an opponent of the United States.
“In addition, New Jersey law allows the company’s foreign ownership in the United States, except for the countries of Russia, Belarus and Iran.”
In his findings, Holl said that, unlike the Condenta Transcore, he concluded a national security agreement with the US government to relieve all potential security problems.
On the other hand, he continued, the Condent suggested that his IT staff and software development departments be ordered outside India and Guatemala, without an appropriate national security agreement.
“Hypocrisy … is obvious,” Holl said.
The conduient said in a statement that he would appeal against Holl’s ruling, but he did not add any details.
NJTA supervises 60 million E-ZPAS transactions each year at New Jersey Turnpike and Garden State Parkway, as well as on the roads supervised by six other agencies in the whole condition.
Currently presided over controls According to financial reports, almost half of the American electronic fees markets, with over $ 6.4 billion in annual revenues.
Transcore reports $ 7 billion andN Annual revenues of fees around the world, including a enormous part of the American electronic fee market, in accordance with the company’s documents.
