SBS Transit wins 5-year LTA contract for Bukit Merah Bus Package with $472 mil fee bid

SINGAPORE (Feb 23): SBS Transit has won the five-year contract awarded by the Land Transport Authority (LTA) for the Bukit Merah Bus Package for an estimated total fee of $472 million over the contract period.

This is the fourth set of public bus services that has been put up for tender under the Bus Contracting Model (BCM), and the second bus tender award for SBS Transit under the new model.

The new contract, which can be extended by another two years, will start from the fourth quarter of 2018.

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