Badger Meter Awarded Contract for City of Chicago
Badger Meter, Inc. (AMEX: BMI) has received a contract to provide its ORION proprietary mobile radio frequency automatic meter reading (AMR) system for 162,000 water meters in the city of Chicago. The three-year contract is valued at approximately $39.8 million. Badger Meter will serve as the prime contractor for the project to retrofit the ORION system on approximately 80,000 existing residential and commercial water meters and install new meters with the ORION system at as many as 82,000 locations where existing meters will be replaced because of the age of the meters. The city water department staff will collect the meter readings via radio frequency by driving down the street in a computer-equipped vehicle. “Chicago is the largest city that has committed to ORION to date, a strong indicator of the acceptance this popular, innovative and award-winning product is receiving in the utility marketplace. The contract builds on the relationship we have had with the Chicago Department of Water Management for many years, and provides the potential for Badger to become involved in the city’s plans to ultimately meter all of its locations,” said Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter. Meeusen said the city […]