You searched for accenture - Page 3 of 5

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

by Dan BalabanPosted on February 17, 2025 (April 28, 2025)Posted in Closed LoopTagged Cubic

S&P Global, a major ratings agency, has downgraded Cubic Corp.’s credit rating to CCC+ from an already low B-, warning of an "onerous debt burden" for the company that includes Cubic Transportation Systems. The primary analyst for the ratings change told...

Preview Article

Conduent Says Its Melbourne Fare Project is ‘Progressing Well’; That’s Not Exactly the Consensus Opinion in Victoria

by Dan BalabanPosted on February 13, 2025 (March 14, 2025)Posted in Closed LoopTagged Editor's Choice, Melbourne

The planned fare system in Melbourne and Victoria state in Australia is believed to be at least two years behind schedule, a key subcontractor has left the job and Victoria state politicians are sweating their chances in the next election if the project...

Preview Article

Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

by Dan BalabanPosted on January 16, 2025 (March 3, 2025)Posted in Closed LoopTagged Editor's Choice, SEPTA

The proposed award of a $211 million fare-system contract for Cubic Transportation Systems is back on the agenda for a board meeting of Philadelphia transit agency SEPTA scheduled for next week, where the award is expected to gain approval. As Mobility...

Preview Article

U.S. Agency SEPTA was to Vote Today on Cubic Contract Award before Canceling Agenda Item–was Rival Vendor Conduent Involved?

by Dan BalabanPosted on December 19, 2024 (March 3, 2025)Posted in Open LoopTagged SEPTA

After months of delay, the board vote on a much-anticipated award of a contract for the Key 2.0 fare system by Philadelphia transit agency SEPTA was scheduled for today. The agency staff has recommended that Cubic Transportation Systems be hired for the $211...

Preview Article

Cubic Expected to Win Major Fare-System Contract in Philadelphia

by Dan BalabanPosted on December 12, 2024 (February 11, 2025)Posted in Open LoopTagged SEPTA

Cubic Transportation Systems is expected to win the major fare-system project from the Southeastern Pennsylvania Transportation Authority, or SEPTA, an up to $211 million deal to implement and operate the agency’s planned Key 2.0 system. Update: SEPTA...

Preview Article

Tip Sheet: Montreal Authority Reissues RFP after Disappointing Results; Promises to be More Flexible This Time

by Dan BalabanPosted on October 16, 2024 (October 17, 2024)Posted in Open LoopTagged Montreal, Netherland

Montreal-area transport authority, Autorité régionale de transport métropolitain, or ARTM, has reissued its call to tenders, as promised, for a new account-based ticketing system, after having cancelled the previous tender request in August because of...

Preview Article

Tip Sheet: Washington, D.C., Short Lists Vendors for Open-Loop Payments Project

by Dan BalabanPosted on October 2, 2024 (December 4, 2024)Posted in Mobile Ticketing, Open LoopTagged Editor's Choice, SEPTA, WMATA

The Washington (D.C.) Metropolitan Area Transit Authority, or WMATA, one of the largest subway operators in the U.S., has narrowed its procurement for an open-loop payments project to a short list containing as few as two vendors, Mobility Payments has...

Preview Article

Tip Sheet: Cubic Faces Major Test in Holding onto Sydney Fare Project; Rumors Say It May Partner with Another Major Vendor

by Dan BalabanPosted on September 5, 2024 (October 7, 2025)Posted in Mobile Ticketing, Open LoopTagged Editor's Choice

With tenders due next month for Sydney’s much-anticipated Opal Next-Generation fare project, attention has turned to the fate of incumbent vendor Cubic Transportation Systems. Cubic is not believed to be held in the highest regard by Transport for New...

Preview Article

Montreal Transport Authority to Issue New RFP after Disappointing Results from Previous Tender Request

by Dan BalabanPosted on September 5, 2024 (November 7, 2024)Posted in Closed LoopTagged Montreal

Montreal-area transport authority, Autorité régionale de transport métropolitain, or ARTM, plans to issue a new call for tenders in coming weeks for its planned account-based ticketing system after scrapping the previous tender request last month because...

Preview Article

Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

by Dan BalabanPosted on July 29, 2024 (July 30, 2024)Posted in Open LoopTagged Jarkarta, Tranitalia

Jakarta, Indonesia, opened its first metro line serving the megalopolis of more than 10 million people in 2019, and so far only accepts fares from closed-loop contactless cards and single paper tickets bearing QR codes. Soon it plans to add an option for...

Preview Article

Search Results for: accenture

Ratings Agency Warns of ‘Onerous Debt Burden’ for Cubic, but Says Vendor’s Transit Clients Shouldn’t Worry

Conduent Says Its Melbourne Fare Project is ‘Progressing Well’; That’s Not Exactly the Consensus Opinion in Victoria

Tip Sheet: Cubic Contract Award Back on Agenda for SEPTA Board Meeting in Philadelphia

U.S. Agency SEPTA was to Vote Today on Cubic Contract Award before Canceling Agenda Item–was Rival Vendor Conduent Involved?

Cubic Expected to Win Major Fare-System Contract in Philadelphia

Tip Sheet: Montreal Authority Reissues RFP after Disappointing Results; Promises to be More Flexible This Time

Tip Sheet: Washington, D.C., Short Lists Vendors for Open-Loop Payments Project

Tip Sheet: Cubic Faces Major Test in Holding onto Sydney Fare Project; Rumors Say It May Partner with Another Major Vendor

Montreal Transport Authority to Issue New RFP after Disappointing Results from Previous Tender Request

Tip Sheet: Jakarta to Launch Open-Loop Payments This Year on Sole Metro Line, with Help from Mastercard

Vendors Prepare to Compete for Business, as New York’s MTA Requests First Bids for Large Fare-Evasion Project

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Updated: Modaxo Completes Acquisition of Conduent Transit Unit; Renames Fare Business ‘Novvan’

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Tip Sheet: Could Cubic Lose Another Big Contract in Vancouver?

Cubic Corp. Hires Transportation Industry Veteran to Turn Around Its Troubled Fare-System Vendor

Cubic and Moovel Intend to Protest Recommendation in Miami for $42 Million Contract Award to Masabi

Barcelona Transport Authority Sets Date for Launch of Open-Loop Payments…Again; Can It Make It This Time?

Miami-Dade County Recommends Masabi for Back Office Deal; If Approved by Board, Debt-Strapped Cubic Would Lose Another Contract as Incumbent