Article Highlights
UK-based SaaS-ticketing provider Masabi, which last month won the up to CA$183 million fare-system contract from Montreal transit authority ARTM, bid substantially higher than at least some competing vendors. But it may have maxed out the pricing point category just the same, thanks to a special provision in the project RFP.
The contract amount included “project” costs of CA$29 million, which would have taken in software and some integration work; $96 million for operations and licensing over 10 years; and an additional $58 million for operations and licensing for four additional years.
• ARTM (Montreal)
• Masabi
• Cubic
• Conduent
• Flowbird
• Hitachi Rail
• STM (Montreal)
• RTC (Las Vegas)
UK-based Masabi won the recently announced contract to provide a new fare system for Montreal-area transit authority ARTM with what is believed to be a substantially higher total bid than at least part of the competition, Mobility Payments has learned.
ARTM has not released the price bids for the up to the 14-year, CA$183 million (US$133.7 million) contract, counting extensions. But a spokeswoman for the authority confirmed to Mobility Payments that