
Article Highlights
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.
• Document: Fiscal year 2025-26 State Capital Program budget, p167, May 2025
• 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%