Victorian Government has awarded NTT Data a seven-year contract the operation of myki , the Victoria’s public transport ticketing system. The new myki contract will begin on 1 January 2017.
The contract, valued at AUD 700 million (USD 522.5 million), includes stronger performance requirements and will deliver better value for money through a fixed-price model where unanticipated costs are borne by the operator – not taxpayers.
With the continuity of Victoria’s ticketing system now assured, the Government will immediately begin investigating new contactless technology, including the ability for passengers to touch on and off with their credit card or smart phone.
This work will build on significant improvements that have been made to Victoria’s ticketing system over the past 18 months, including 90 minute online top-ups, faster readers on trams and at Victoria’s busiest stations, and the roll-out of tap-and-go payment technology on myki machines.
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