Article Highlights

Key Takeaway:

Victoria state officials in Australia have raised the budget estimate by 25% for Conduent Transportation to complete its implementation of a new statewide fare system and pushed back the completion date. Meanwhile, Conduent said it had signed a “new scope and plan” deal with the state.

Key Data:

Document: Fiscal year 2025-26 State Capital Program budget, p167, May 2025

Organizations Mentioned:

• Victoria state
• Conduent

Victoria state officials in Melbourne today released new budget figures that appear to show just how far behind schedule and over budget the state’s large fare-system project is today.

The budget papers (download page with project entry below), describe a “program reset,” with the “total estimated investment” needed to complete the project increasing by 25%

Subscription Required

This premium content is only available to subscribers

Article has about804words.

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