What are the costs of implementing smart traffic systems?

What are the costs associated with implementing smart traffic systems?

The costs can vary widely, but typically include hardware, software, installation, and maintenance.

Can you break down the hardware costs for me?

Sure! Hardware costs may include sensors, cameras, traffic lights, and communication devices, which can range from thousands to millions.

What about ongoing maintenance costs?

Ongoing maintenance can include software updates, hardware repairs, and system monitoring, often estimated at 10-20% of initial costs annually.

Are there any funding options available for cities?

Yes, many cities can access federal grants, state funding, or public-private partnerships to help cover costs.