Is Cubic Challenging London Decision? Sources Say Vendor Sent ‘Letter’ to TfL about Contract Award; CEO Today Said Contract ‘Still in a Standstill Period’

Cubic Corp. Chairman and CEO Stevan Slijepcevic, when asked during a companywide “town hall” meeting for employees today about the status of the London revenue-collection contract, said that the vendor is “still in a standstill period and thus cannot...

Masabi wasn’t Low Bidder for Montreal Fare-System Contract; Vendor was Likely Helped by Special Pricing Clause in RFP

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...
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