Consortium operating speed camera vans turns profit of €48k per week

The Xavier McAuliffe-led consortium, that operates the army of speed camera vans across the country, recorded operating profits of almost €50,000 per week last year.

The Go Safe consortium secured the €80m Garda contract to operate the speed camera vans in 2009, and new accounts show the firm recorded operating profits of €3.12m in the 15 months to the end of Mar 31, 2012 — or €48,000 per week, on average.

Mr McAuliffe leads the Spectra group and work began on the five- year Go Safe contract — with the option of one further year — in Nov 2010. On average, the Go Safe vans detect one speeding motorist per hour, or 72,000 detections per year as the consortium is contracted to provide 6,000 hours per month.