Article Highlights

Key Takeaway:

A second unsuccessful bidder for Melbourne’s large 15-year AU$1.7 billion (US$1.1 billion) fare-system contract is reportedly raising questions about the procurement process, contending that its bid came in well under that of the winning supplier, among other concerns. Japan’s NTT Data, the low bidder among finalists, contends it was actually asked by procurement officials to increase its bid.

Key Data:

NTT Data’s bid was reportedly much lower than either the bid from Conduent or Cubic, at $978 million. If true, it would be more than 40% less than the contract price.

Organizations Mentioned:

NTT Data
Cubic
Conduent

A second unsuccessful bidder for Melbourne’s large 15-year AU$1.7 billion (US$1.1 billion) fare-system contract is reportedly raising questions about the procurement process, contending that its bid came in well under that of the winning supplier, among other concerns.

Subscription Required

This premium content is only available to subscribers

Article has about1231words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.

Already a member? Log in here