To help illuminate this point and the total estimated agreement period, Viper Networks may fulfill orders totaling 200,000 LED street light units. However, based on the city's manpower capabilities, the Company is factoring monthly order delivery numbers of 10,000 to 15,000 units based on direct guidance from recent meetings with city officials.
This conveys an approximate period of 15 to 20 months to complete delivery and installation of all 200,000 LED street lights.
Further, interested parties should note that each LED Street Light is priced in the range of $500 to $1000 or more per unit depending on built-in options (i.e. camera, sensor, wireless remote). Based on the lower 10k number of units installed monthly at the minimum cost of $500 each, the gross amount would equal $5,000,000 (USD) per month.
In connection with the Colombo municipal pilot project in Sri Lanka, one of the country's ministers has expressed a strong desire for a wireless remote access and infrastructure monitoring network for Automated Meter Reading, which will raise the price from the $500 minimum per unit cost and also serve as all-in-one housing unit models to attract new customers and officials from other cities and countries throughout the eastern hemisphere.
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