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Warsaw transport agency ZTM received only one bid for its new transport ticketing system. Prospective vendors may have been put off by ZTM’s insistence that they pay all upfront costs
The CapEx-free model in part seems to have scared the vendors off. They would have had to finance the entire project, including around 12,000 validators, while only getting paid when the agency started collecting ticketing revenue with the new system, in the form of fixed transaction fees and a commission on monthly ticketing revenue.
• ZTM (Warsaw)
• Cubic
• Conduent
• Mennica Polska
• Mera Systems
• Orange Poland
• Ridango
• Elavon
• ARTM (Montreal)
Transport agency ZTM Warsaw in Poland floated the idea around 18 months ago of taking a CapEx-free approach to procuring its new fare system. It would order 12,000 validators and other capital expenditures, offering to pay vendors fees once ticket revenue was flowing in.
The question was, would vendors go along with the idea, given that they would be taking on more risk and finance costs to implement the new ticketing system, while their compensation could be delayed. The answer now appears to be in:
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