In the latest Land Transport Authority (LTA) tender package for the operation of Seletar bus services package, SBS Transit won the tender some S$100 million below fellow tender bidders. The second lowest bidder was also at least a S$30 million away from SBS Transit’s S$480 million bid.
|S/No||Country||Tenderer||Price for 5 Years
|1.||Australia||Busways Group Pty Ltd||581,832,861.00|
|2.||China / Local||Jiaoyun Group / Travel GSH Pte Ltd Consortium||547,589,363.52|
|3.||United Kingdom||National Express Group Plc||536,828,068.00|
|4.||Local||SBS Transit Ltd||480,332,472.00|
|5.||Local||SMRT Buses Ltd||514,522,355.00|
|6.||Local||The Go-Ahead Group Plc||576,341,755.00|
|7.||Local / South Korea||Tian San Shipping (Private) Limited / Kumho Buslines Co., Ltd Consortium||538,837,888.23|
|8.||Local||Tower Transit Singapore Pte. Ltd.||575,797,622.00
|9.||Local||Woodlands Transport Holdings Pte. Ltd||583,442,331.19|
The LTA is however unable to explain why SBS’s bid came out so much lower, and released a press statement claiming SBS “obtained the highest score for both quality and price evaluation”. You may read LTA press release here.
SBS Transit has been a major duopoly public transport company leading the depression of drivers’ salaries since Singapore’s independence.
LTA’s tender award process has been in public scrutiny recently with the repeated failures to complete the construction of Braddell Flyover and also a high profile MRT train return to China manufacturers following numerous critical defects found.