Article Highlights
UK-based Masasbi has won one of its largest contracts to date, with Montreal Transport Authority ARTM, beating both Cubic and likely Conduent, the incumbent.
CapEx in the contract is only believed to amount to CA$29 million, which is likely for software upgrades to the existing terminals. The rest of the contract of nearly CA$100 million is for operations and maintenance,
• ARTM (Montreal)
• Masabi
• Cubic
• Conduent
• Others
UK-based Masabi has won a contract reported to be worth at least CA$125 million (US$91.1 million) from Montreal-area transport authority ARTM, beating out Cubic Transportation Systems, likely incumbent Conduent Transportation and four other suppliers.
It’s one of the largest and most complex projects for UK-based software-as-as-service ticketing provider Masabi, which enables mobile ticketing for mostly small and some medium-sized North America transit agencies–not the size of ARTM.
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