This month the Federal Government announced a $7.5 billion funding for transport infrastructure to boost employment in a time of recession while delivering crucial projects.
The funding comes with its set of time-bound T&Cs, according to treasurer Josh Frydenberg, “Funding for these shovel-ready projects will be provided on a use it or lose it basis if a state drags its feet, another state will get the money.”
Transparency and accountability in the use of these funds are going to be other factors that state governments would have to ensure when executing these projects.
While these conditions are added pressure for the state governments and local councils as they strive to reach the starting line on time and finish diligently, the big spend spells opportunity for engineering firms, who need to deliver these projects. They can now bid for multiple key projects across the country – from Hall Rd in Carrum Downs through to the Coffs Harbour Bypass.
However, with so many projects happening at once, creating economies of scale will become critical to successful bidding and eventual winning of projects. Engineering firms who can demonstrate their understanding of each project they bid for and stick with the given budget, will be favoured.
When we speak of transparency, accountability, and economies of scale in a single process flow, data invariably becomes a dependable ally. Especially road traffic data, when winning transport infrastructure projects is the end goal.
Demonstrating a deep understanding of any project requires facts and figures to back it. But with the impact of COVID-19 on Australian traffic continuing to linger, it is becoming increasingly difficult to accurately analyse, evaluate and predict the impact of a project or construction on traffic patterns using traditional methods, such as an in-person, tube or video-based traffic counts.
Also, like one of the LGA experts we work with says, “COVID-19 fast-tracked the demise of traditional methods of traffic data collection like tube counts. These methods will become obsolete in the next 18 months as they are no more a safe, reliable, efficient and cost-effective way of gathering traffic data. Both councils and engineering firms across Australia are adopting new technologies that not only provide easy access to data 24/7 but are much more reliable and cost-effective.”
Intelematics has a long history of working with urban planners and engineering firms to help understand how people move. Our data is backed by 20 years of expertise and service excellence that allowed us to support the complex requirements of several government organisations such as VicRoads, Transport New South Wales and Main Roads Western Australia.
INSIGHT, our traffic analysis software, puts this trusted, quality traffic data in an easy to use format. It provides its users easy access to different types of traffic data ranging from speed and congestion to volume and origin & destination, for multiple locations in a matter of minutes and a fraction of the cost of a physical survey using traditional methods.