It won the right to continue with a $526 million bid, which got the best total score for quality and price.
The public transport operator on July 19 won the right to continue running a total of 29 bus routes under the Seletar bus package.
This fee, which will be paid by the Land Transport Authority , is for a five-year contract, but it may be adjusted for factors such as inflation, change in wage levels and fuel costs during the contract period. LTA said SBST got the highest total score after taking into account quality and price factors. The authority noted that SBST’s proposal included initiatives that would raise the standards for the public bus industry as a whole.
SMRT Buses also put in a lower, alternative bid of $550 million. Similarly, SBST put in a $542 million “base” bid and an alternative $526 million bid that ultimately won. SBST’s group chief executive Jeffrey Sim said the company is pleased to have been awarded the Seletar contract for a second consecutive term and expressed appreciation for LTA’s continued trust.
Separately, National Transport Workers’ Union executive secretary Melvin Yong said in a Facebook post that SBST winning the Seletar bus package tender means minimal changes for the roughly 800 employees who would have been impacted.
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