Rafael Ben Ari

Article Highlights

Key Takeaway:

In-depth look at the partnership between Germany-based vendor INIT and Australia-based consulting firm Osmodal, which resulted in the formation of the subcontractor InModal.

Key Data:

• Document: InModal registration

• Document: InModal shareholding

• Document: InModal company extract

Organizations Mentioned:

• Transport for NSW
• Osmodal
• INIT
• InModal

After Germany-based INIT pulled off a surprising upset in April over long-term incumbent Cubic Transportation Systems for Sydney’s 13-year, AU$615 million (US$423.8 million) account-based ticketing contract, it needed help.

While INIT is believed to have good account-based ticketing, or ABT, technology, it had only a couple of small fare projects under its belt in Australasia and none in Sydney itself. Further, it would be replacing a vendor, Cubic, that was twice its size and had much more experience in the region.

As public records obtained by Mobility Payments show (see below),

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