Article Highlights

Key Takeaway:

Spain’s Indra has won a large contract for Ireland’s National Transport Authority, beating out Cubic Transportation Systems and Conduent Transportation. Indra is believed to have submitted a price bid much lower than one or both of its rivals for the contract. The loss comes at a difficult time for Cubic, which has already had two rounds of layoffs since August.

Key Data:

NTA had said in tender documents in 2020 that the account-based ticketing project would cost between €260 million (US$278 million) and €440 million for capital expenses. Operational costs would amount to between €800 million and €1.2 billion over the first 10 years. There will be an option for an extension to a second 10 years.

Organizations Mentioned:

• NTA (Ireland)
• Indra
• Cubic
• Conduent

Spain-based Indra, as expected, today was named the winner of Ireland’s large fare-system contract, topping the other two short-listed vendors, Cubic Transportation Systems and Conduent Transportation– on the strength of what Mobility Payments learned was a very low price bid by Indra. Mobility Payments had earlier named Indra as the likely winner.

Indra announced the long-delayed award today, saying the contract was worth “hundreds of millions of

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