S.T 31 Oct 2022.
LTA tenders bus packages in 2014 to raise service standards and inject competition. Longstanding duopoly between transport operators, SBS Transit (SBST) and SMRT.
Bus contracting model took effect in 2016.
LTA owns all the operating assets and infrastructure, plans bus services and collects fare revenue. Public transport operators bid for the right to run services and are paid fees to do so at standards set by the authority.
Bus services bundled into 14 packages based on geographic area, each comprising 20-30 routes, a bus depot, several bus interchanges and buses.
Bus contracting model has enhanced service standards and competitiveness.
Winning bus contract operators has 5 years plus 2 years extension if the company does well. Extended contracts has tighter bus service reliability standards.
Go-Ahead Singapore
SBS Transit (SBST) and SMRT
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